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DeVos, Walton, Cox families lost millions in Theranos investments: report

The circle of relatives of Education Secretary Betsy DeVos lost $100 million in a failed funding in Theranos Inc., the Wall Street Journal reported overdue Thursday, and other outstanding buyers lost massive sums as neatly. The Journal reported the blood-testing company lost more than $600 million in overall investments. Other primary buyers incorporated heirs to Walmart Inc. WMT, -Zero.13% founder Sam Walton, Atlanta's Cox circle of relatives and Mexican billionaire Carlos Slim, the Journal reported, citing criminal documents. Theranos has laid off maximum of its staff and is basically worthless following what the SEC referred to as "massive" fraud. Founder and CEO Elizabeth Holmes relinquished keep watch over of the company, paid a $500,000 high quality and agreed to be banned from being a corporate officer for 10 years as a part of an SEC settlement. The company stays below legal investigation.