FTX co-founder Sam Bankman-Fried sentenced to 25 years in prison
Former billionaire Sam Bankman-Fried was convicted for orchestrating a massive financial fraud that led to downfall of crypto trading platform FTX.
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Former billionaire Sam Bankman-Fried was convicted for orchestrating a massive financial fraud that led to downfall of crypto trading platform FTX.
In federal court, he was sentenced to 25 years for the fraud and conspiracy that led to the collapse of FXT. It was once one of the world's most popular digital currency exchange platforms.
The former billionaire cryptocurrency mogul faces a potential prison term of more than a century following his conviction.
Bankman-Fried was arrested on charges including wire fraud and conspiracy related to the collapse of his cryptocurrency exchange.
Adam Beckerink, the man charged with murder in the death of his estranged wife, Caitlin Tracey, is due back in court on Thursday.
It took more than three years, but charges have been filed in the deaths of two young women in Hobart, Indiana, back in 2022.
The Chicago Bears have taken a big step forward in finding a new site for their stadium, and that momentum is moving fast toward Northwest Indiana.
A man was left in critical condition early Thursday after a crash in Chicago's Pilsen area.
A crash involving a Chicago dance team left two dead on the Bishop Ford Freeway early Thursday morning.
The Chicago Bears have taken a big step forward in finding a new site for their stadium, and that momentum is moving fast toward Northwest Indiana.
The Trump administration has given ICE the authority to detain refugees who entered the U.S. lawfully but don't have green cards yet, part of a bid to scrutinize the legal immigration system, according to a government memo obtained by CBS News.
Lawmakers in Springfield are preparing for a pivotal hearing that could shape the future of the Chicago Bears.
The City Council on Wednesday failed to override Mayor Brandon Johnson's veto of an ordinance that would have banned the sale of most intoxicating hemp-derived products in Chicago.
Gov. JB Pritzker is renewing his push to ban students from using cell phones in Illinois schools, aiming to improve student performance and protect children's mental health.
This is after Mayor Brandon Johnson vetoed an ordinance that would have banned most hemp-derived products this weekend.
This week marks Identity Theft Awareness Week, and Illinois Comptroller Susana Mendoza emphasized some safety tips Monday for avoiding and dealing with identity theft.
A controversial data center in Naperville, Illinois, could be the cause to pack a city council meeting there on Tuesday night.
Police in the west Chicago suburb of Geneva are warning of a scam involving spoofed phone numbers.
Protesters on Tuesday were cranking up the heat on Peoples Gas over a recently proposed rate hike that would add an additional $10 to $11 a month to utility bills.
Ann & Robert H. Lurie Children's Hospital announced this week that it is planning to open a new pediatric hospital in the west Chicago suburb of Downers Grove.
It has been nearly six years since the start of the COVID-19 pandemic, and one of the many questions doctors are still working to answer concerns the long-term effects.
Leaders from Cook County, the Illinois Department of Human Services, and the Greater Chicago Food Depository denounced changes to the Supplemental Nutrition Assistance Program on Wednesday.
The University of Chicago Medicine Comprehensive Cancer Center has received a grant from The Ralph Lauren Corporate Foundation for a new cancer center.
Chicago's Lurie Children's Hospital said Tuesday that it is no longer initiating gender-affirming medical treatment for minors.
Lizard's Liquid Lounge announced recently that it will be closing for good in April after 18 years on Chicago's Northwest Side.
BP refinery workers in Northwest Indiana hit the picket line this past weekend as they escalate their fight for a contract.
Funkytown has now received a $3.7 million grant from the City of Chicago. The money will be used to create a new brewery and tap room on the Near West Side.
With his name now hanging in the rafters, former Chicago Bulls guard Derrick Rose is helping the United Center with its major redevelopment.
A potential bidding war is taking shape for the Daily Herald, the newspaper of record for suburban Chicago.
Anderson Cooper will report multiple stories for "60 Minutes" before the end of the television season in May.
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
investigators in the Nancy Guthrie disappearance are on day 19 of the case.
Calling all Mahjong players, all levels are welcome at The Gwen.
Adam Beckerink, the man charged with murder in the death of his estranged wife, Caitlin Tracey, is due back in court on Thursday.
It took more than three years, but charges have been filed in the deaths of two young women in Hobart, Indiana, back in 2022.
Crain's Chicago Business is now reporting that the Chicago Bears are narrowing their focus for a new stadium to the Wolf Lake area in Hammond, Indiana if they chose to go to the state..
This comes as a pivotal Illinois legislative hearing in Springfield that would impact the future of the Chicago Bears has been canceled.
A crash involving a Chicago dance team that left two dead shut down part of the Bishop Ford Freeway early Thursday morning.
Andrew Mountbatten-Windsor, King Charles III's younger brother, has been arrested over suspected misconduct in public office after revelations in the Epstein files.
The family of civil rights icon the Rev. Jesse Jackson spoke publicly on Wednesday morning, just one day after he died peacefully surrounded by loved ones.
Adam Beckerink, the man charged with murder in the death of his estranged wife, Caitlin Tracey, is due back in court on Thursday.
The city of Chicago is about to write some big checks to thousands of vehicle owners who had their cars, vans, or trucks towed by the city without the proper warning.
Gary residents hoped the new partnership between U.S. Steel and Japanese company Nippon Steel would mean changes to how much coal is being used and how much emissions are being released, but that's not what's in the works.
Chef Art Smith said the carjacking and fatal shooting of his employee, Darwin Tirado, 22, was devastating not only to his family but also to the larger community.
A state lawmaker is joining the growing call for accountability from the Illinois Department of Children and Family Services about past abuse allegations before an 8-year-old boy's murder.
Chicago's rodent problem is well known, but a new pilot program testing rat birth control to curb the population in problem areas is underway to help rein it in.
The Chicago Bears have taken a big step forward in finding a new site for their stadium, and that momentum is moving fast toward Northwest Indiana.
As far as his own game is heading into the upcoming season, Hayes said he feels strong and healthy.
With all of his success so far, the 35-year-old lefty said he's excited for what's to come in year two for both himself and the team.
Northern Iowa football player Parker Sutherland has died two days after collapsing during an offseason workout.
Clark's decision took place during an investigation by the U.S. Attorney in Brooklyn, New York, into OneTeam Partners, a licensing company founded by the union, the NFL Players Association and RedBird Capital Partners in 2019.
It took more than three years, but charges have been filed in the deaths of two young women in Hobart, Indiana, back in 2022.
A man was left in critical condition early Thursday after a crash in Chicago's Pilsen area.
Dozens of drivers had their car's airbag stolen earlier this week in the Lakeview neighborhood, Chicago police said.
A Chicago man has been sentenced to 24 years in prison for a shooting inside an amusement park in west suburban Villa Park in 2021.
A man has been sentenced to 37 years in prison for the sexual exploitation of nearly 100 children, officials announced Wednesday.
