FTX files plan to fully reimburse customers it defrauded of billions
FTX says that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.
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FTX says that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.
Brooklyn District Attorney Eric Gonzalez says his team successfully disrupted a cryptocurrency scam operation.
The Brooklyn district attorney announced Thursday his team successfully disrupted a cryptocurrency operation that defrauded people from across the country out of millions of dollars.
The $1 billion lawsuit alleges Portuguese soccer star Cristiano Ronaldo's promotion of the NFTs led people into costly and unsafe investments.
Sam Bankman-Fried, who oversaw the shocking collapse of cryptocurrency exchange FTX, could be sentenced to more than 100 years in prison after he was found guilty in one of the biggest fraud cases in U.S. history. Errol Barnett has more.
The former crypto billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.
Sam Bankman-Fried is accused of cheating his customers out of millions of dollars. CBS New York's Elijah Westbrook has the details.
The FTX founder reached out to witnesses and the defendant was remanded to a federal detention center, according to court records.
Court papers were delivered to the Hall of Famer after he eluded them for months, an attorney said.
The Securities and Exchange Commission announced charges against crypto entrepreneur Justin Sun and celebrity backers of his crypto asset companies Tronix and BitTorrent.
FTX founder duped customers by using their crypto to pay debts at hedge fund Alameda Research, prosecutors say.
Sam Bankman-Fried is due in a Manhattan federal courtroom Tuesday afternoon.
The co-founder of FTX faced a judge and is now set to live with his parents while he awaits trial, CBS2's Kevin Rincon reports.
The former boss of the failed crypto currency exchange FTX has been extradited from the Bahamas and is believed to here in New York. CBS2's Dick Brennan reports.
Securities regulators claim Sam Bankman-Fried built a "house of cards" while telling investors their money was safe.
Samuel Bankman-Fried is facing multiple federal felony charges after the collapse of his company. CBS2's Jessica Moore reports.
Bankman-Fried was arrested on charges including wire fraud and conspiracy related to the collapse of his cryptocurrency exchange.
Samuel Bankman-Fried was arrested Monday in the Bahamas the request of federal prosecutors. CBS2's Elijah Westbrook has the details.
FTX was one of the world's largest cryptocurrencies before it collapsed last month, leaving at least 1 million investors unable to access their funds. CBS2's Kristine Johnson reports.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
CEO Sam Bankman-Fried also resigned from FTX, which was facing a financial crunch and a federal probe.
An examination of operations found the company's compliance with banking regulations had not kept up with growth.
New York's department of financial services has fined online brokerage Robinhood $30 million.
She's accused of founding a fake cryptocurrency called OneCoin.
The measure would require the IRS to adopt guidance on merchant acceptance of digital assets and charitable contributions.
Cade Cunningham had 42 points and 13 assists to lead the Detroit Pistons to a 126-111 win over the New York Knicks on Thursday night.
Donovan Mitchell scored 17 points, James Harden added 16 and the Cavaliers routed the Nets 112-84 on Thursday night.
The celebration of the U.S. women's hockey team's gold medal-winning victory over Canada on Thursday was especially loud in Westchester County, where starting goalie Aerin Frankel grew up.
After years of construction, work is now under way to connect the new Portal Bridge in New Jersey to the Northeast Corridor. The hope is to make that commute a little easier.
Mayor Zohran Mamdani received blowback on Thursday for killing a headline-grabbing ploy by former Mayor Eric Adams to hire thousands of extra police officers.
The celebration of the U.S. women's hockey team's gold medal-winning victory over Canada on Thursday was especially loud in Westchester County, where starting goalie Aerin Frankel grew up.
After years of construction, work is now under way to connect the new Portal Bridge in New Jersey to the Northeast Corridor. The hope is to make that commute a little easier.
Mayor Zohran Mamdani received blowback on Thursday for killing a headline-grabbing ploy by former Mayor Eric Adams to hire thousands of extra police officers.
People in the Bronx are complaining about painfully long wait times at their local post office as lines sometimes go out the door.
The NYPD said the woman knocked on the door to an East New York apartment before two other suspects drew guns on a man who answered.
A home invasion shut down two schools in Fairfield, Connecticut, as police responded Thursday morning to the scene on Candlewood Road.
Heavy rain will impact most of the New York and New Jersey area on Friday morning, with communities farther north seeing snow.
An air quality alert is in effect Wednesday for the second day for New York City and parts of the northern suburbs.
Accumulating snow will return to the New York City area Sunday evening into Monday morning.
Valentine's Day will be mild in the New York City area, but snow may be on the way to end the weekend.
After years of construction, work is now under way to connect the new Portal Bridge in New Jersey to the Northeast Corridor. The hope is to make that commute a little easier.
A New Jersey barbershop employee is facing charges after allegedly placing cameras in the shop's bathroom, police said.
Video shows flames shooting out of a sewer on Millstone River Road in Hillsborough Township, New Jersey.
Wawa says these four bottled milk products could present a choking hazard and are being recalled as a precaution.
Heavy rain will impact most of the New York and New Jersey area on Friday morning, with communities farther north seeing snow.
Heavy rain will impact most of the New York and New Jersey area on Friday morning, with communities farther north seeing snow.
An air quality alert is in effect Wednesday for the second day for New York City and parts of the northern suburbs.
Accumulating snow will return to the New York City area Sunday evening into Monday morning.
Potholes are causing even more crashes on an already dangerous stretch of New York 25 on Long Island, officials say.
Hicksville is New York's first school district to ban e-bikes after alarming statistics revealed at least 12 people, mostly young Long Islanders, died on them in the past three years.
Mayor Zohran Mamdani received blowback on Thursday for killing a headline-grabbing ploy by former Mayor Eric Adams to hire thousands of extra police officers.
Just weeks ago, New York City Mayor Zohran Mamdani was against the sweeps. He says now, however, they'll be unlike how they've been done before.
Sen. Chuck Schumer wants the federal government to do away with the statute of limitations on sex abuse and trafficking victims' right to sue.
The Gateway Tunnel Project is poised to get back on track after more than $200 million in funding that had been withheld is now back.
Transit crime has ticked up so far this year, according to NYPD crime data. The NYPD is blaming the recent cold.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
Springsteen is taking his "Land Of Hope And Dreams American Tour" nationwide starting in the spring.
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
New York City Department of Environmental Protection said there was a "significant reduction in water usage" throughout the Big Apple during his show. That changed as soon as his performance ended.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
Cade Cunningham had 42 points and 13 assists to lead the Detroit Pistons to a 126-111 win over the New York Knicks on Thursday night.
Donovan Mitchell scored 17 points, James Harden added 16 and the Cavaliers routed the Nets 112-84 on Thursday night.
The celebration of the U.S. women's hockey team's gold medal-winning victory over Canada on Thursday was especially loud in Westchester County, where starting goalie Aerin Frankel grew up.
This was the seventh gold medal match — and fifth in a row — between the two hockey powerhouses.
In Harlem, a hall-of-famer gymnast is inspiring the next generation in the sport.
Multiple rezonings in Queens are paving the way for tens of thousands of new units, but some residents worry about how it could affect their communities.
Residents and skate advocates clash over a proposed Mount Prospect Park skate facility, as city officials promise an updated design this spring.
A Brooklyn community is fighting to turn a forgotten landmark into a heritage center.
Edward R. Murrow High School's new boiler system cuts emissions while doubling as a hands-on sustainability lesson for students.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Resident have been protesting against a redevelopment project aimed at replacing thousands of apartments.
Frankel made 30 saves in the Americans' 2-1 overtime win over Canada on Thursday. The celebrations were especially loud at her old skating academy in Westchester. CBS News New York's Kristie Keleshian reports.
Scott Padgett has the Tri-State Area's updated Thursday evening First Alert Forecast on CBS News New York.
Even though his predecessor's plan was seen as a reach by many, the new mayor is still taking heat for not finding a solution to the NYPD's brain drain. CBS News New York's Marcia Kramer reports.
Breathtaking views of the Paterson Falls are available to the public once again.
