Elizabeth Holmes, the former CEO of the defunct blood-testing company Theranos, is set to be transferred from a low-security federal prison to a halfway house in Texas next year, according to one of her victims. Holmes, 42, was convicted in 2022 of defrauding investors of hundreds of millions of dollars by making false claims about the capabilities of her company. She was sentenced to 11 years and three months in prison and ordered to pay $452 million in restitution to 12 victims, including her business partner Ramesh "Sunny" Balwani. She has been serving her sentence at a low-security prison in Bryan, Texas. The transfer to a halfway house, known as the Austin Transitional Center in Del Valle, would grant Holmes more freedom and is scheduled for August 2027, according to Alan Eisenman, a retired financial planner from Texas who invested about $1.2 million in Theranos. Eisenman received a notice from the Justice Department’s victim notification system confirming the transfer. He is among the victims who have yet to receive any of the restitution money owed to them, with Holmes still owing him and his wife approximately $150,000. Holmes' sentence was reduced in March from 135 months to 123 months, partly because the court agreed with her claim that she did not personally cause "substantial financial hardship" to her victims. The government opposed the reduction, arguing that Holmes has not accepted responsibility for her crimes and has not paid much of the restitution. The government also expressed concerns that she could reoffend, noting that she has continued to speak publicly about her intent to re-enter the healthcare technology field after her release and has been advising her romantic partner on fundraising for a startup with similarities to Theranos. Eisenman expressed disappointment with the planned transfer, calling it a "gift" to Holmes and stating that he hopes she remains in prison until her scheduled release in February 2030. He also opposes any potential presidential clemency for Holmes, who filed for a commutation of her sentence last year. The case has also drawn attention with the upcoming release of a documentary about Holmes, titled You Can See Everything, which was filmed by comedian Nathan Fielder and director Lance Oppenheim. Eisenman plans to watch the film but worries it might present Holmes in a more sympathetic light, despite his belief that she is "the most conniving person" he has ever met.