🚨 Last week complete the first week of Theranos founder Elizabeth Holmes’ fraud trial. From opening statements, released text messages, and an unexpected delay. Here’s everything that happened:

🔴 The trial kicked off Wednesday with opening statements. Assistant US attorney Robert Leach argued that Holmes was desperate to keep Theranos above water as money began to dry up. 

🔴 Lance Wade, an attorney at law firm Williams & Connolly, gave the opening statement for the defense. He argued that Holmes made human mistakes at the helm of Theranos, but they didn't constitute crimes. 

📣 The first witness was called: prosecutors asked former Theranos financial controller So Han Spivey, who also goes by Danise Yam, to take the stand.

📲 On Tuesday, prosecutors released six pages of texts between Holmes and Balwani that could threaten Holmes' plans to accuse Balwani of abuse as part of her defense strategy.

👀 Subscribe to @Insider here on Telegram for more updates on the trial.