Caroline Ellison, former FTX executive, sentenced to 24 months in prison
Ellison, a former top executive for Sam Bankman-Friend's crypto hedge fund, was sentenced Tuesday for fraud.
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Ellison, a former top executive for Sam Bankman-Friend's crypto hedge fund, was sentenced Tuesday for fraud.
Lawyers for Sam Bankman-Fried claim in an appeal filed Friday that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty before he was even arrested.
Best-selling author Michael Lewis, who had unprecedented access to FTX founder Sam Bankman-Fried, is releasing a new afterword in the paperback version of "Going Infinite." He shares his thoughts on the trial's outcome and the controversy surrounding his portrayal of Bankman-Fried.
FTX says that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.
Sam Bankman-Fried was sentenced to 25 years in prison for his role in the sudden collapse of the FTX crypto exchange. Prosecutors say he defrauded customers out of more than $8 billion, one of the largest financial crimes in U.S. history. Errol Barnett reports.
A judge sentenced disgraced FTX founder Sam Bankman-Fried to 25 years in prison Thursday. A jury convicted the 32-year-old of fraud and conspiracy in November. CBS News national correspondent Errol Barnett reports.
Former billionaire Sam Bankman-Fried was convicted for orchestrating a massive financial fraud that led to downfall of crypto trading platform FTX.
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for his role in the cryptocurrency fraud scheme that brought down his company and lost investors billions. CBS News' Errol Barnett reports.
Sam Bankman-Fried, 32, is scheduled to be sentenced on March 28 following his November conviction on fraud and conspiracy charges.
Sam Bankman-Fried's lawyer says a recommended sentence of 100 years in prison is "grotesque" and "barbaric."
Prosecutors wrote in a letter that evidence presented at a second trial would duplicate evidence already shown to the jury in the first trial.
From the rise of artificial intelligence to Elon Musk's rebranding of Twitter, 2023 saw major changes in the tech industry. CBS News senior business and tech correspondent Jo Ling Kent joins to look back at the year in tech -- and to discuss where the industry is headed in 2024.
Concerns over inflation and a potential recession drove economic headlines in 2023, but new data shows consumer confidence is at a five-month high as we head into the new year. Javier David, CBS News contributor and a managing editor of business and markets at Axios, has a look at the economic outlook for 2024.
Sam Bankman-Fried's trial came to an end Thursday with the jury finding him guilty on all charges, including fraud, conspiracy and money laundering. CBS News national correspondent Errol Barnett was in court as the verdict was read.
FTX founder Sam Bankman-Fried has been found guilty on all seven counts of fraud, conspiracy and money laundering following more than two weeks of testimony in one of the highest-profile financial crime cases in years. CBS News national correspondent Errol Barnett has more.
A Manhattan jury deliberated less than four hours before finding FTX founder Sam Bankman-Fried guilty of seven counts of fraud and conspiracy. Prosecutors are calling the $10 billion scheme one of the biggest financial frauds in American history. CBS News' Errol Barnett reports.
The former billionaire cryptocurrency mogul faces a potential prison term of more than a century following his conviction.
A jury Thursday night found FTX founder Sam Bankman-Fried guilty on all seven counts of fraud, conspiracy and money laundering following more than two weeks of testimony in one of the highest-profile financial crime cases in years. CBS News legal analyst Rikki Klieman and national correspondent Errol Barnett have more.
Closing arguments were underway Wednesday in FTX founder Sam Bankman-Fried's trial in New York. CBS News correspondent Errol Barnett has been covering the trial and has the latest on Bankman-Fried's testimony.
Jury deliberations are set to begin in the New York trial of FTX founder Sam Bankman-Fried. The jury will have to consider if Bankman-Fried's statements on the stand contradict evidence presented by the prosecution. CBS News national correspondent Errol Barnett has the latest as attention turns to the jury.
Sam Bankman-Fried was back on the witness stand at his trial Tuesday as prosecutors argued he moved to protect his assets while FTX, his cryptocurrency exchange company, tumbled. CBS News national correspondent Errol Barnett reports on Bankman-Fried's testimony.
Sam Bankman-Fried will take the stand Thursday as he defends himself in a trial against seven charges. A number of Bankman-Fried's colleagues have testified against him in cooperation with prosecutors. CBS News national correspondent Errol Barnett has a preview of Bankman-Fried's defense.
Sam Bankman-Fried's ex-girlfriend is back on the witness stand facing cross-examination from the disgraced FTX founder's lawyers. Caroline Ellison has repeatedly told jurors Bankman-Fried was the mastermind behind the crimes that led to the company's downfall. CBS News national correspondent Errol Barnett has the latest.
It was a rough day in court for Sam Bankman-Fried's defense, with Judge Lewis Kaplan pressing the FTX co-founder's lawyer on his line of questioning.
Caroline Ellison, Sam Bankman-Fried's ex-girlfriend, is back on the witness stand Wednesday in the FTX founder's fraud trial. Ellison previously pleaded guilty to multiple charges and agreed to cooperate with the prosecution. CBS News national correspondent Errol Barnett is at the courthouse and has the latest on Ellison's testimony.
The Rev. Jesse Jackson marched alongside Martin Luther King Jr., ran for president in the 1980s and led the Rainbow/PUSH Coalition in Chicago for decades.
Investigators searching for Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, have uncovered several notable pieces of evidence as they try to identify a suspect.
Police said the deadly shooting during a high school boys' hockey game in Pawtucket, Rhode Island, appears to have stemmed from a family dispute.
All family members of Nancy Guthrie have been cleared as suspects in her disappearance, authorities in Arizona said.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
Minnesota's top investigative agency said Monday the federal government has formally refused to hand over evidence and information in the killing of Alex Pretti.
A device that can pick up certain electronic signals is being used in the search for Nancy Guthrie, as it may detect emissions from her pacemaker, sources told CBS News.
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
Elana Meyers Taylor has won her first Olympic gold in women's monobob, and she made history as the oldest American woman to do it at the Winter Games.
Investigators searching for Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, have uncovered several notable pieces of evidence as they try to identify a suspect.
All family members of Nancy Guthrie have been cleared as suspects in her disappearance, authorities in Arizona said.
Defending Olympic champion Eileen Gu took silver in freeski big air at the 2026 Winter Olympics as Canada's Megan Oldham won the gold medal on Monday night.
Police said the deadly shooting during a high school boys' hockey game in Pawtucket, Rhode Island, appears to have stemmed from a family dispute.
After a decade of rapid growth, Lululemon is struggling to find its footing in an increasingly saturated market.
After a decade of rapid growth, Lululemon is struggling to find its footing in an increasingly saturated market.
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
Prediction markets are taking bets this Valentine's Day that celebrity relationships can thrive — or break apart.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
The Rev. Jesse Jackson marched alongside Martin Luther King Jr., ran for president in the 1980s and led the Rainbow/PUSH Coalition in Chicago for decades.
State lawmakers are promising accountability after a CBS News California investigation found they failed to enact three out of four state audit recommendations. CBS News California built an audit accountability tracker to help.
Many of Hungary's neighbors say Prime Minister Viktor Orbán is eroding democracy, but President Trump is forging closer relations with the Putin ally.
After setting social media abuzz by saying aliens were real, former President Barack Obama said he didn't see evidence that aliens "have made contact with us."
In a CBS News "Things That Matter" town hall, Maryland Gov. Wes Moore blasted President Trump — but also urged Democrats to change their perception as "the party of no and slow."
Twenty one states in the U.S. have confirmed cases of measles.
The Trump administration's new discounted drug platform, TrumpRx, isn't a game-changer for consumers, health care experts said.
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
Elana Meyers Taylor has won her first Olympic gold in women's monobob, and she made history as the oldest American woman to do it at the Winter Games.
Defending Olympic champion Eileen Gu took silver in freeski big air at the 2026 Winter Olympics as Canada's Megan Oldham won the gold medal on Monday night.
Austrian public prosecutors filed terrorism-related charges Monday against a 21-year-old defendant who they say planned to attack Taylor Swift's Eras Tour in 2024.
Their respective semifinal wins on Monday set up a seventh gold-medal showdown between Team USA and Canada later this week.
Team USA star skater Ilia Malinin, after multiple falls at the Winter Games, speaks of a struggle to "stay sane through the endless insurmountable pressure."
Robert Duvall, known for his roles in "The Godfather," "Apocalypse Now" and more, has died at 95, his wife announced in a social media post Monday. CBS News correspondent Shanelle Kaul has more.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
The high-profile ESPN and SiriusXM commentator and bestselling author is a combative and colorful voice on sports. But now, with a weekly political show in which he interviews government leaders, he is raising eyebrows in Washington, too.
High-profile ESPN and SiriusXM commentator and bestselling author Stephen A. Smith is a combative and colorful voice on sports. But now, with a weekly political show, in which he interviews government leaders, he is gaining notice in Washington, too. Smith talks with "Sunday Morning" national correspondent Robert Costa about his journey and whether he might soon be on a debate stage.
The singer-songwriter who's remained on Billboard's Hot 100 Chart for seven straight decades has just released his latest album, "Inspirations of Life and Love." A youthful 84, he talks about his artistic longevity.
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
The messaging platform WhatsApp says Russia has "attempted to fully block" its service inside the country, "to drive people to a state-owned surveillance app."
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Investigators searching for Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, have uncovered several notable pieces of evidence as they try to identify a suspect.
The mask and clothing worn by the suspect in Nancy Guthrie's disappearance may have been purchased from Walmart, law enforcement says. Steven Jensen, former assistant director for FBI's Washington field office, joins CBS News to discuss.
Law enforcement confirmed Monday that all of Nancy Guthrie's family members have been cleared as suspects in her disappearance. CBS News reporter Andres Gutierrez has the latest from Arizona and former FBI supervisory special agent Lance Leising joins CBS News to discuss the search.
At least two people are dead after a shooting at a hockey game in Pawtucket, Rhode Island. CBS News' Anna Schecter reports.
All members of Nancy Guthrie's family members have been ruled out as suspects in her disappearance, Pima County Sheriff Chris Nanos said Monday. CBS News reporter Andres Gutierrez has the latest on the search for Guthrie and former FBI supervisory agent Doug Kouns joins to discuss the investigation.
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
U.S. Secretary of State Marco Rubio addressed the Munich Security Conference over the weekend. Elliott Abrams, senior fellow for Middle Eastern Studies at the Council on Foreign Relations, joins CBS News to discuss.
The death of actor James Van Der Beek and the revelation of the late Catherine O'Hara's private colorectal cancer battle has many Americans searching for more information on the dangerous disease. CBS News medical contributor Dr. Céline Gounder has more on the illness.
Several 2028 presidential hopefuls on both sides of the aisle made appearances at the Munich Security Conference over the weekend. CBS News' Fin Gómez reports.
While playing with a flashlight in her room at the Cleveland Clinic, a 4-year-old girl shined a light into a building going up across the street. To the hospital's surprise, one of the workers shined a light right back -- and made a sign that said "Get well soon." Tony Dokoupil has the heartwarming story.
The mask and clothing worn by the suspect in Nancy Guthrie's disappearance may have been purchased from Walmart, law enforcement says. Steven Jensen, former assistant director for FBI's Washington field office, joins CBS News to discuss.