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.
Former billionaire Sam Bankman-Fried was convicted for orchestrating a massive financial fraud that led to downfall of crypto trading platform FTX.
Prosecutors wrote in a letter that evidence presented at a second trial would duplicate evidence already shown to the jury in the first trial.
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 billionaire cryptocurrency mogul faces a potential prison term of more than a century following his conviction.
FTX founder and former cryptocurrency billionaire Sam Bankman-Fried has been found guilty on all counts against him, which means he could spend the rest of his life behind bars. CBS New York's Jenna DeAngelis reports. Read more: https://cbsloc.al/45T35Xv
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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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.
Court papers were delivered to the Hall of Famer after he eluded them for months, an attorney said.
Attorneys had been given a deadline of Monday to serve O'Neal, who they claimed had been avoiding service for several months.
Bankman-Fried is accused of deceiving investors out of millions of dollars before FTX collapsed last November.
A Manhattan judge has extended bail restrictions on the founder of the failed cryptocurrency exchange FTX.
Crypto-currency entrepreneur Sam Bankman-Fried pleaded not guilty Tuesday, according to his lawyer.
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 FTX founder was ordered to home confinement at his parents' home in Palo Alto, California.
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.
Word of the agreements came on the same day Bankman-Fried was being flown back to the U.S. from the Bahamas to face fraud charges.
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.
The golden boy of cryptocurrency is now being compared to Bernie Madoff. As prosecutors accuse Samuel Bankman-Fried of knowingly taking investors' money and using it to finance his personal hedge fund. CBS2's Jessica Moore has the latest on the unsealed indictment as prosecutors say he even tried to buy power in Washington.
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.
Trees will be turned into wood chips that are used to nourish other trees and plants across New York City.
Shovels and plows will be out later Friday as people in New York City and the surrounding area prepare for a blast of winter.
It's a First Alert Weather Day for Friday evening into Saturday morning due to accumulating snow that could be heavy at times.
Ukrainian President Zelenskyy says he and President Trump have agreed to meet in Florida on Sunday, signaling progress in talks to end the Russia-Ukraine war.
Federal funding cuts have left local organizations struggling to meet growing needs, prompting a borough-wide fundraising push to support food access, housing and other essential services.
Trees will be turned into wood chips that are used to nourish other trees and plants across New York City.
Shovels and plows will be out later Friday as people in New York City and the surrounding area prepare for a blast of winter.
It's a First Alert Weather Day for Friday evening into Saturday morning due to accumulating snow that could be heavy at times.
Federal funding cuts have left local organizations struggling to meet growing needs, prompting a borough-wide fundraising push to support food access, housing and other essential services.
Police don't have a suspect in custody, and the victim's father tell CBS News New York he does not believe his son knew the victim.
It's a First Alert Weather Day for Friday evening into Saturday morning due to accumulating snow that could be heavy at times.
Forecast model data continues to suggest that a general 4–8-inch snowfall is likely with this system.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
We have issued a First Alert Weather Day Tuesday as travel could be impacted due to slick roads, especially north and west of the city.
It's a First Alert Weather Day for Friday evening into Saturday morning due to accumulating snow that could be heavy at times.
Forecast model data continues to suggest that a general 4–8-inch snowfall is likely with this system.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
Leaders in Paterson, N.J., are pushing back against Director of National Intelligence Tulsi Gabbard's remarks suggesting the city is working to impose Islamic law.
Saint Cecilia Roman Catholic Church in South Brunswick, New Jersey, was ransacked in a desperate act for quick cash, police say.
It's a First Alert Weather Day for Friday evening into Saturday morning due to accumulating snow that could be heavy at times.
In Levittown, volunteers spent Christmas morning making dreams come true for children from struggling families.
Forecast model data continues to suggest that a general 4–8-inch snowfall is likely with this system.
It's practically the plot to "Home Alone." A quick-thinking 12-year-old boy in Medford stopped a burglar who broke into his home, police said.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Mamdani's team says the group of 48 includes "people from across fields and communities" and are "New Yorkers whose creativity, leadership and lived experience reflect the full life of the city."
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
A federal judge has given a green light to New York's so-called Green Light Law, rejecting the Trump administration's bid to stop the state from giving people driver's licenses without having them prove they're in the country legally.
Leaders in Paterson, N.J., are pushing back against Director of National Intelligence Tulsi Gabbard's remarks suggesting the city is working to impose Islamic law.
A spike in measles cases in Rockland County has New York health officials urging families to get vaccinated.
Researchers on Long Island say they've found physical evidence of PTSD in World Trade Center first responders.
In New York, cases of flu, RSV and COVID have spiked since Thanksgiving.
There are at least 500 sudden and unexpected deaths in the city each year, and in roughly a fifth of those cases, a genetic cause can be detected.
UnitedHealthcare and NewYork-Presbyterian have roughly two weeks to reach an agreement or thousands of Medicare Advantage members could be forced to find care elsewhere.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
A judge Friday voided the conviction of one of the two men found guilty of the 2002 killing of Run-D.M.C. star Jam Master Jay.
The special features interviews with Kathy Bates, Annette Bening, Albert Brooks, Michael Douglas, Kiefer Sutherland, Jerry O'Connell and Mandy Patinkin.
Jake and Romy Reiner released a statement on Wednesday, remembering their parents, Rob Reiner and Michele Singer Reiner, as their best friends.
Adam Pelech scored the tiebreaking goal late in the third period, and the New York Islanders beat the New Jersey Devils 2-1 on Tuesday night.
Taylor Raddysh and Alexis Lafreniere scored 68 seconds apart in a five-goal third period for the New York Rangers in a 7-3 win over the Washington Capitals on Tuesday.
Anthony Edwards scored 38 points to help the Minnesota Timberwolves beat former teammate Karl-Anthony Towns for the first time and hold off the New York Knicks 115-104.
Michael Porter Jr. scored 28 points, as the Brooklyn Nets beat the Philadelphia 76ers 114-106.
The Mets jettisoned another core player Monday, trading second baseman Jeff McNeil to the Athletics for minor league right-hander Yordan Rodriguez.
Federal funding cuts have left local organizations struggling to meet growing needs, prompting a borough-wide fundraising push to support food access, housing and other essential services.
What began as a middle school project has grown into hundreds of handwritten messages left across New York City, offering encouragement to strangers and revealing how a small gesture can resonate for weeks.
NYC says center-running bus lanes will speed up commutes and improve safety on one of Brooklyn's busiest corridors, but critics aren't so sure.
Nine Brooklyn Football Club partner bars are collecting shelf-stable food and winter coats to benefit 10 local schools.
The Davis Center in Harlem is now open for its first winter season after technical delays.
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.
Shovels and plows will be out Friday night as people in our area prepare for a blast of winter. CBS News New York's Elijah Westbrook reports.
It's a First Alert Weather Day as a Winter Storm Warning is covering all of New York City and much of the surrounding area. CBS News New York's Tony Sadiku has a look at the forecast.
CBS News New York's Craig Allen has your latest forecast.
Cooking Christmas meals was a challenge at more than 70 buildings owned by the New York City Housing Authority due to gas service outages. CBS New York's Adi Guajardo reports.
Marin Iwanowicz was fatally shot on Christmas Eve in Brownsville. CBS New York's Lisa Rozner reports.
