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US rests its case against once-billionaire tech CEO Elizabeth Holmes

The former Silicon Valley magnate faces up to 20 years in prison if convicted on counts of wire fraud and conspiracy to commit wire fraud.

SAN JOSE, Calif. — The government has rested its case in the trial of fallen Silicon Valley star Elizabeth Holmes. 

The move came after prosecutors spent more than two months trying to prove Holmes bamboozled investors, patients and business partners into believing that her startup, Theranos, was about to reshape health care. The pivot point opens the door for Holmes and her team of lawyers to counter evidence that cast her as a greedy, fame-obsessed swindler. 

Holmes could take the stand to tell her side of the story and avoid a potential 20-year prison sentence, if convicted.

Read the full Associated Press story here.

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