Elizabeth Holmes' two-year sentence reduced

Federal officials say Elizabeth Holmes, Theranos' disgraced CEO, may be released nearly two years early.

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Holmes, who was sentenced to 11 years and three months in prison for scamming investors in her blood-testing fake, has apparently behaved well in the first six weeks.

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The U.S. Bureau of Prisons expects her release on December 29, 2032, 9 1/2 years after her sentence began.

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She could be released early under the federal government's "good time" criteria if she follows the regulations. Legal experts believed Holmes may be released in nine years after her sentence.

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"Privacy, safety, and security reasons" prevented the Bureau of Prisons from explaining Holmes' estimated release date.

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"Every inmate earns good conduct time and is projected in their projected release date," The Associated Press said Tuesday.

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Ramesh "Sunny Balwani," Holmes' longtime lover and top Theranos lieutenant, is also on pace for an early release.

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