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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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.
The New York Yankees ended a seven-game losing streak with a 5-2 victory over the Minnesota Twins on Friday night.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC says.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC says.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
Westchester County health officials say people should avoid recreational activities along a stretch of the Hudson River until further notice due to a massive raw sewage discharge.
Friday is another day of sweltering temperatures as the extremely hot weather continues.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
The New York, New Jersey area is dealing with extreme heat as cooling centers, pools, parks and other resources try to keep residents cool.
Dangerously hot weather is beginning in the New York City area, with an Extreme Heat Warning about to go into effect.
Monday's severe weather has come and gone, but that doesn't mean the system is leaving the area.
Friday is another day of sweltering temperatures as the extremely hot weather continues.
It was not immediately clear how many Delaney Hall detainees were impacted by the air conditioning issue or whether repairs were complete.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
New Jersey is set to charge companies whose workers have Medicaid health coverage.
Jersey City Mayor James Solomon is now lowering a proposed tax hike from 20% to 15%, but many residents says it's still a painful pill to swallow.
A beachgoer suffered a shark bite at Jones Beach, officials confirmed, a day after multiple shark sightings at Long Island and New York City beaches.
Friday is another day of sweltering temperatures as the extremely hot weather continues.
From Long Island to the World Cup, Joe Scally is making his hometown proud playing with the U.S. men's national team.
New York City Thursday tied the record high temperature of 100° set on this date in 1966. That was the last time we hit 100° in Central Park was in 2012. CBS News New York's Lonnie Quinn, Doug Williams, Mahsa Saeidi, Dave Carlin and Christine Sloan have team coverage.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
President Trump hasn't committed to a firm number of people who will receive clemency — he's scheduled to have a meeting on pardons Friday afternoon, sources said.
It was not immediately clear how many Delaney Hall detainees were impacted by the air conditioning issue or whether repairs were complete.
New York City Zohran Mamdani remained unperturbed after taking a viral roasting for telling sweat-soaked New Yorkers in the middle of an expected heat wave to set their thermostats to 78° to protect the power grid.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC says.
Westchester County health officials say people should avoid recreational activities along a stretch of the Hudson River until further notice due to a massive raw sewage discharge.
New Jersey is set to charge companies whose workers have Medicaid health coverage.
A federal judge has temporarily blocked the Justice Department from executing subpoenas in a criminal probe that sought transgender care records for patients treated at New York hospitals.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
The NYPD has announced street closures around Madison Square Garden for Taylor Swift and Travis Kelce's wedding.
Taylor Swift and Travis Kelce donated to 20 local and national charities ahead of their wedding Friday.
Two elite event designers shared their thoughts on how Taylor Swift's team might transform Madison Square Garden.
The New York Yankees ended a seven-game losing streak with a 5-2 victory over the Minnesota Twins on Friday night.
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
Camilo Doval forced in the go-ahead run with a bases-loaded walk in a four-run 11th inning that gave the Tigers a 6-2 victory over the Yankees on Wednesday.
Sean Keys hit his first career home run, Myles Straw added a pinch-hit shot and the Blue Jays beat the Mets 9-3 in a Canada Day matinee Wednesday.
The Boston Celtics have reportedly signed NBA free agents Mitchell Robinson and Mike Conley Jr.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
The World Cup is renewing the call for ferry service from West Harlem.
As children cooled off in a splash pad steps from the empty Red Hook Pool, families in the neighborhood said they are once again waiting for answers about when the public pool will open for the summer.
Miss Subways was a citywide contest that highlighted everyday New York women doing amazing things. The competition no longer exists but former titleholders say the message still rings true.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
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.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
It's official – Taylor Swift and Travis Kelce are married. The couple celebrated their wedding at Madison Square Garden on Friday. CBS News New York's Ali Bauman reports.
Quick-moving storms caused damage across New York and New Jersey on Friday evening. CBS News New York's Lonnie Quinn and Mahsa Saeidi report.
Times Square is holding eight ball drops to celebrate Independence Day, with each occurring at midnight in every American time zone, including U.S. territories. CBS News New York's Naveen Dhaliwal reports.
CBS News New York is commemorating 250 years of America's independence. This milestone marks 2.5 centuries since the Founding Fathers signed the Declaration of Independence on July 4, 1776.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC reports.
