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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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.
Jeanne Hengemuhle has made history as the first woman in charge of the New Jersey State Police.
Mayor Zohran Mamdani is moving to lower the speed limit around hundreds of schools in New York City as part of a major escalation of the Vision Zero initiative.
A Palestinian woman who had been living and working in Paterson, New Jersey, has been released after a year in ICE custody in Texas, her legal team says.
Many paid their respects Monday to legendary New York City television news anchor Ernie Anastos. The 82-year-old died early Thursday morning of pneumonia, his family said.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
Mayor Zohran Mamdani is moving to lower the speed limit around hundreds of schools in New York City as part of a major escalation of the Vision Zero initiative.
Many paid their respects Monday to legendary New York City television news anchor Ernie Anastos. The 82-year-old died early Thursday morning of pneumonia, his family said.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
Four people including a child were killed in a fast-moving fire in Flushing, Queens Monday, the FDNY said.
Ten people and six vehicles were involved in the fatal accident on Long Island, according to New York State Police. Two people in their 80s were killed.
A tornado watch issued for several New Jersey counties has been canceled, but a wind advisory along with periods of heavy rain and possibly severe thunderstorms remain in store.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Jeanne Hengemuhle has made history as the first woman in charge of the New Jersey State Police.
A Palestinian woman who had been living and working in Paterson, New Jersey, has been released after a year in ICE custody in Texas, her legal team says.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
New Jersey's new Portal North Bridge opened for NJ Transit on Monday, marking a milestone for commuters after weeks of disruptions.
A tornado watch issued for several New Jersey counties has been canceled, but a wind advisory along with periods of heavy rain and possibly severe thunderstorms remain in store.
Ten people and six vehicles were involved in the fatal accident on Long Island, according to New York State Police. Two people in their 80s were killed.
St. John's, Hofstra and LIU are playing in the 2026 NCAA men's basketball tournament as March Madness gets in full swing.
Prosecutors said Matthew Smith fended off efforts to hand over his car keys before the crash that killed Nassau County police officer Patricia Espinosa.
A Manorville breeder was charged with animal neglect after dogs and puppies were allegedly left alone in poor conditions as a blizzard struck New York.
A father and son died in an overnight fire on Long Island. Kenneth Roberts, 42, and his son Mekhi, 12, were trapped in intense smoke inside a basement apartment.
Jeanne Hengemuhle has made history as the first woman in charge of the New Jersey State Police.
Mayor Zohran Mamdani is moving to lower the speed limit around hundreds of schools in New York City as part of a major escalation of the Vision Zero initiative.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
New York City Mayor Zohran Mamdani signed an executive order Friday establishing the first-ever Mayor's Office of LGBTQIA+ Affairs.
NYC Mayor Zohran Mamdani denounced Republican Sen. Tommy Tuberville's anti-Muslim social media post during a Ramadan event.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
Legendary New York City television news anchor Ernie Anastos has died. His wife says he died early Thursday morning of pneumonia.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
The Jets will receive a 2027 sixth-round draft pick from the Chiefs and pick up $7 million of Fields' guaranteed $10 million salary.
The top 16 seeds in the 68-team women's NCAA field will host first- and second-round games, with the regional rounds being played at two neutral sites for the fourth straight year.
The Knicks rallied from a 21-point deficit against a patchwork Golden State lineup to beat the Warriors 110-107 on Sunday night.
St. John's, Hofstra and LIU are playing in the 2026 NCAA men's basketball tournament as March Madness gets in full swing.
Nicolas Fernández scored twice in the first half and Talles Magno scored late in the second to propel New York City FC to a 3-1 victory over the Colorado Rapids at Yankee Stadium on Saturday night.
A Harlem school is teaching students how to love, honor and care for their natural hair.
The NYC DEP has announced plans to clean Flushing Creek with chlorine, sparking outrage among some environmentalists.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
Manhattan historians recently discovered a link to the Underground Railroad at the Merchant's House Museum.
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.
As we celebrate Women's History Month, CBS News New York's Christine Sloan sat down with new Acting Superintendent Jeanne Hengemuhle, who said she knew since a young age she wanted to be in law enforcement.
As CBS News New York's Marcia Kramer reports, the mayor wants the zones in place city wide by the end of 2029.
A Palestinian woman who had been living and working in Paterson, New Jersey, has been released from a U.S. Immigration and Customs Enforcement facility in Texas.
CBS News New York's Lonnie Quinn says skies will then clear, but St. Patrick's Day on Tuesday is shaping up to be cold and blustery.
CBS News New York's Nick Caloway has more on how the boys' program at Malcolm X Shabazz High School and the girls' program Arts High School turned hard work into hardware.
