Elizabeth Holmes, the former CEO of Theranos, is set to be released from prison two years earlier than expected.

She was convicted for defrauding investors in her blood testing startup and was initially sentenced to 11 years and three months.

However, her sentence has been reduced to nine years, making her eligible for release on December 23, 2032.

The exact reasons for the reduction have not been disclosed, but it could be due to good conduct or other factors.

Elizabeth Holmes founded Theranos in 2003 with the aim of revolutionizing blood testing,

The company attracted significant attention and high-profile investors.

However, she and her former partner were indicted for fabricating claims about their technology and company finances.

Holmes was found guilty on four felony fraud counts, resulting in losses of at least $120 million for victims.