Elizabeth Holmes, the disgraced founder of Theranos, is set to be released from prison on December 29, 2032.

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Holmes was convicted of fraud and conspiracy for making false claims to investors about the effectiveness of Theranos' blood-testing technology.

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She had presented Theranos as a revolutionary company.

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she is capable of running extensive medical tests with just a drop of blood, but the technology was incapable of doing so.

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Holmes initially received a sentence of 11.25 years.

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Holmes is expected to serve approximately nine-and-a-half years in prison.

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The Bureau of Prisonshas not provide d an explanation of how Holmes' release date was determined.

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Holmes' ex-boyfriedn so had his sentalence reduced from nearly 13 years to 11 years.

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Holmes were ordered to pay over $452 million in restitution as part of their sentences.

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Holmes' lawyers objected to the restitution-payment plan. 

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Holmes unsuccessfully sought to postpone her sentence due to the young age of her children.

IMAGE CREDITS:SOCIAL MEDIA