Fraud Story in Silicon Valley Becomes a Movie

The story of Elizabeth Holmes, who was a fraudster by operating in Silicon Valley for more than 10 years with various promises, with the company called Theranos, which she founded when she was only 19, becomes a movie. The movie, which will be released under the name 'Bad Blood', will be developed by Apple Studios.
 Fraud Story in Silicon Valley Becomes a Movie
READING NOW Fraud Story in Silicon Valley Becomes a Movie

Silicon Valley had started to host the company founded by a 19-year-old woman in 2003… This company called Theranos, founded by Elizabeth Holmes, claimed that it could perform blood tests quickly and accurately thanks to the small automatic devices it developed with only a small amount of blood sample. But all of these claims were false.

Elizabeth Holmes’ scandal first came to light in 2015, and the $ 4.5 billion fortune she had amassed so far was puffed up. After a long period of lawsuits, the company was shut down in 2018. Even more interestingly, although the indictment on the fraud charge was finalized in June 2018, the trial of Holmes and the company’s former chairman, Ramesh Balwani, was delayed due to Holmes’ pregnancy and COVID-19. Holmes’ trial will begin on August 31, while Balwani’s will begin on January 11, 2022.

Here, this fraud story, which we have roughly summarized in 2 paragraphs, will be brought to the screen by Apple.

Apple rolled up its sleeves to turn the story into a movie:

Apple Studios, the producer company that produces movies and series for Apple TV+, has rolled up its sleeves to make a movie to show the scam story in Silicon Valley, which has not yet been fully concluded. The company also determined the director of this movie, which will be released under the name ‘Bad Blood’, and the actress who will play the lead role, namely Elizabeth Holmes. Accordingly, the movie will be directed by Adam McKay and starring Jennifer Lawrence.

In addition to directing, director Adam McKay will also write and produce the film. The film will focus on what Elizabeth Holmes, once the youngest billionaire, was doing and going through until her plot came to light. The film will be based on the book ‘Bad Blood: Secrets and Lies in a Silicon Valley Startup’ by investigative journalist John Carreyrou, who won the Pulitzer Prize in journalism.

The idea for the movie Bad Blood hasn’t actually just emerged. Legendary Productions, the production company that last released Dune before that, started the project in 2016, when the scandal had just emerged. Apple Studios, in partnership with Legendary Productions, will present the film to us.

The release date of the movie is not yet known.

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