[HBO Max] Only in the context of a system that facilitates fraud can characters like Elizabeth Holmes and Ramesh Balwani be understood, and this film knows how to build that context. Perhaps too intent on denigrating Errol Morris for filming a commercial for Theranos, when most whistleblowers only came forward after being fired, Alex Gibney portrays a character who took the Silicon Valley philosophy literally: "Fake it till you make it".

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