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Feds reveal Elizabeth Holmes texts showing Theranos bosses panicking
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Panicked text messages between the two top executives at Theranos showed they knew how much trouble the blood-testing startup was in before it collapsed, prosecutors say.
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In a trove of texts, iMessages and Skype chats, Theranos founder Elizabeth Holmes and Ramesh “Sunny” Balwani, her top lieutenant and former lover, expressed anxiety about the company’s struggling blood test technology, chaos inside one of its labs and desperate efforts to professionalize its operations.
One exchange revealed in a federal court filing showed the pair hoping for divine intervention as the Centers for Medicare and Medicaid Services conducted a 2015 survey of Theranos’ California lab that led officials to conclude it posed “immediate jeopardy to health and safety.”
DISGRACED THERANOS FOUNDER ELIZABETH HOLMES HOPING TO KEEP 'WEALTH, SPENDING AND LIFESTYLE' OUT OF UPCOMING FRAUD TRIAL
“Our validation reports are terrible. Really painful going thru this process,” wrote Balwani, who was Theranos’ president, according to the Friday court filing. “… Going bad so far. Pray.”