I wonder if she was knowingly committing fraud for the purpose of amassing wealth, or if she genuinely believed they would be able to deliver if they could keep the R&D going.
They weren't anywhere near what they claimed, and used competitors equipment to fake their own results at times.
They had gone nowhere, made no progress.
They couldn't provide the results with their own machines any better than anyone else, let alone with the tiny amounts of blood they claimed.
They couldn't do things they claimed they could to lure investments. That's fraud.
Also; I wonder how much the release of HBOs "Out for Blood in Sillicon Valley" affects public perception and the judgment/rulings, if at all