Bad Blood: The Final Chapter artwork

Bad Blood: The Final Chapter

19 episodes - English - Latest episode: 7 months ago - ★★★★★ - 4K ratings

She was once the world's youngest self-made female billionaire. Now Elizabeth Holmes, founder of the blood-testing startup Theranos, stands accused of leading a massive fraud, and lying to investors, doctors, and patients about the capabilities of her technology. If convicted, she faces up to 20 years in prison. But Elizabeth may be able to sway a jury with her charisma, highly unusual defense strategy and the fact that key evidence has gone missing. John Carreyrou broke the Theranos scandal. Now he’ll take you into the courtroom as he examines Silicon Valley’s fake it-til-you-make it culture, and the case against Holmes.

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A New Case: The Criminal Empire of Scam Calls

August 19, 2022 11:00 - 8 minutes

Elizabeth Holmes and Sunny Balwani were convicted on several counts of fraud earlier this year but fraud, cons and scams continue to play out all around us. Chameleon: Scam Likely, the latest season of the chat-topping series from Campside Media, takes you on a worldwide hunt to track down the mysterious criminals behind scam phone calls. Subscribe on Apple Podcasts to binge all episodes ad-free.  When a small team of government investigators learns that ordinary citizens all around the U.S....

Introducing: A Theranos Whistleblower from A Slight Change of Plans

July 11, 2022 09:00 - 11 minutes

Sharing a special episode this week from another podcast, A Slight Change of Plans. On the show, host Dr. Maya Shankar and guests help us better understand who we are and who we become in the face of big change. In this preview, Maya talks to Theranos whistleblower Erika Cheung. Erika’s first job out of college was as a scientist at the now infamous biotech company. Erika realized early on that the company’s proprietary technology was not delivering accurate blood results to patients. And ev...

DNA Deception - Introducing BioHacked: Family Secrets

March 17, 2022 06:00 - 7 minutes

From the company behind Bad Blood, a new podcast that tells startling true stories of the people caught between two multi-trillion-dollar industries — medicine and technology — and chronicles how their lives are transformed. In season 1, the children of anonymous sperm and egg donors — some with dozens or hundreds of half-siblings — take on the fertility industry. As they uncover the identities of their donors and gather vital medical information, unexpected ethical, scientific, and political...

Introducing: Chameleon: Wild Boys

February 15, 2022 09:00 - 6 minutes

The latest season of the wildly popular con-themed podcast Chameleon takes place in the summer of 2003 when two half-starved young men turned up in a small Canadian town telling an incredible story. They’d been raised in the British Columbia wilderness, and this was their first-ever contact with society — they’d never seen a TV, gone to school, or registered for IDs. So the community took them in and set about introducing them to the modern world. Before long, the international media descende...

Episode 12: The Verdict

January 06, 2022 07:00 - 59 minutes

Host John Carreyrou and reporter Emily Saul revisit the drama of Elizabeth Holmes’s guilty verdict, dissect its meaning, and discuss sentencing. And a surprise guest comes on the show. Learn more about your ad choices. Visit

Episode 11: Investors

December 02, 2021 07:00 - 54 minutes

With a conference call, a magazine interview and a doctored pharmaceutical report, Elizabeth Holmes convinced a small group of very wealthy investors to put hundreds of millions of dollars in her unproven blood-testing startup. Learn more about your ad choices. Visit

Episode 10: Tyler and George

November 11, 2021 07:00 - 50 minutes

One of the enduring mysteries of the Theranos scandal is how Elizabeth Holmes managed to turn former Secretary of State George Shultz against his own grandson. New information sheds light on how she did it. Learn more about your ad choices. Visit

Episode 9: The Military

November 04, 2021 06:00 - 46 minutes

Elizabeth Holmes wowed investors with claims that Theranos was working for the U.S. military. But the truth was that her repeated attempts to land contracts with the Department of Defense had gone nowhere. Learn more about your ad choices. Visit

Episode 8: Fake Demos

October 28, 2021 06:00 - 43 minutes

Elizabeth Holmes wowed investors, board members and journalists with live, in-person demonstrations that made it seem like her blood-testing machine worked. But most of these demos were faked. Behind the scenes, the blood samples were tested either manually or on third-party lab equipment. It's an astoundingly bold deception that was enabled by a software application Sunny Balwani wrote. Learn more about your ad choices. Visit

Episode 7: The ADVIA Project

October 21, 2021 06:00 - 49 minutes

In the summer of 2013, as a deadline to launch in Walgreens stores loomed and Theranos was running out of money, Elizabeth Holmes and Sunny Balwani put in motion a covert plan to hack third-party blood-testing machines to hide the limitations of Theranos' technology. Learn more about your ad choices. Visit

We Return Next Week

October 14, 2021 06:00 - 2 minutes

We'll be back with new full episodes on October 21st. Here's a little preview of what we've been working on. Learn more about your ad choices. Visit

This Week in Court #4: PR Over Patient Care

September 30, 2021 09:00 - 14 minutes

Host John Carreyrou and reporter Emily Saul discuss prosecutors' introduction of private texts between Elizabeth and Sunny, the testimony of retired general James Mattis, and the trial's most important witness so far: former lab director Adam Rosendorff, who said Theranos prioritized PR and fundraising over patient care. Learn more about your ad choices. Visit

Episode 6: Holmes and the Media

September 23, 2021 06:30 - 49 minutes

For two years, Elizabeth Holmes enjoyed the type of glowing media coverage most entrepreneurs can only dream of. But then she gave one interview too many—an interview with The New Yorker’s Ken Auletta that planted the seeds of her downfall. Learn more about your ad choices. Visit

Episode 5: Fake it 'Till You Make It

September 16, 2021 06:30 - 40 minutes

Elizabeth Holmes is the latest in a long line of Silicon Valley entrepreneurs who’ve hyped and overpromised — sometimes to the point of outright lying. It’s that culture, as much as Holmes herself, that's on trial. Learn more about your ad choices. Visit

Episode 4: Guilty Conscience

September 09, 2021 06:30 - 41 minutes

A note Elizabeth Holmes wrote to herself one night in late October 2014 suggests she knew she was committing fraud. Learn more about your ad choices. Visit

Episode 3: Sunny and Elizabeth

September 02, 2021 06:00 - 54 minutes

Elizabeth Holmes is likely to allege at trial that former Theranos President Sunny Balwani was an abusive boyfriend who held her in his thrall and deprived her of her free will. But text messages between the former lovers don’t back up that narrative. In this episode the actors Ali Farahnakian and Rachel Butera read the texts between Sunny and Elizabeth.  Learn more about your ad choices. Visit

Episode 2: Ebola

August 26, 2021 09:30 - 49 minutes

If Theranos was still in business, would it have tried to exploit the Covid-19 pandemic? Based on how Elizabeth Holmes tried to use the 2014 Ebola epidemic to land a big investment, the answer is very likely yes. Learn more about your ad choices. Visit

Episode 1: The Sympathy Play

August 26, 2021 09:00 - 42 minutes

Elizabeth Holmes, founder of Theranos, is headed to trial for allegedly defrauding investors and patients by misrepresenting the capabilities and accuracy of her blood-testing technology. Winning the jury’s sympathy is her best option to get acquitted. There are several ways she can do that. Learn more about your ad choices. Visit

Introducing Bad Blood: The Final Chapter

July 08, 2021 09:00 - 2 minutes

Bad Blood: The Final Chapter tells the story of the breathtaking rise and fall of the tech founder Elizabeth Holmes. Hosted by John Carreyrou, the investigative journalist who broke the scandal, the season will give listeners a front row seat at Holmes's criminal trial and dive into the evidence against her. The first two episodes arrive August 26. Learn more about your ad choices. Visit