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.
Watch CBS News
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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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.
Students at M.S. 407 transform a barren space into a habitat for bees and butterflies, part of a broader city push to expand pollinator-friendly green spaces.
Mike Trout homered for the fifth time during a four-game series on Thursday, crushing a long drive in the seventh inning for the Angels in an 11-4 victory over the Yankees.
Police are searching for a suspect following the shooting death of a 15-year-old boy in Queens on Thursday evening.
A second man has come forward to say he believes he was wrongly targeted during the NYPD's Brooklyn drug operation
A former NYPD lieutenant spoke out Thursday about a controversial arrest of a Brooklyn man.
Students at M.S. 407 transform a barren space into a habitat for bees and butterflies, part of a broader city push to expand pollinator-friendly green spaces.
Police are searching for a suspect following the shooting death of a 15-year-old boy in Queens on Thursday evening.
A second man has come forward to say he believes he was wrongly targeted during the NYPD's Brooklyn drug operation
A former NYPD lieutenant spoke out Thursday about a controversial arrest of a Brooklyn man.
A Nassau County man faces multiple charges are he allegedly tried to lure an 11-year-old earlier this week.
New York City's balmy weather proved to be record-breaking for the date of April 15.
Parts of the New York area could see record high temperatures during a summerlike stretch of weather this week.
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
New York City and the Tri-State Area are finally turning the corner to warmer weather this week.
When UConn plays Michigan for the NCAA Men's Basketball championship tonight in Indianapolis, there are a few places in New York City where fans can root on their schools.
Gov. Mikie Sherrill is sounding off about the cost of getting to and from the FIFA World Cup games at MetLife Stadium this summer.
CBS News projects that Democrat Analilia Mejia will win the special election in New Jersey's 11th Congressional District, a seat formerly held by Gov. Mikie Sherrill.
Parking at MetLife Stadium will not be allowed during the FIFA World Cup games there this summer.
CBS News New York is investigating the cashless tolling system in New York and New Jersey. Unpaid tolls can spiral into crushing debt — but that's just one of many issues drivers face.
New York City's balmy weather proved to be record-breaking for the date of April 15.
A Nassau County man faces multiple charges are he allegedly tried to lure an 11-year-old earlier this week.
Eisenhower Park in East Meadow, Long Island has reopened after a deadly gang-related shooting Wednesday night.
A teenager was killed and two others were hurt in a gang-related shooting in Eisenhower Park on Long Island, police say.
A Long Island woman accused of attempting to kidnap a toddler in Long Beach earlier this month was back in court on Wednesday.
A Long Island-based survey has found more than 1 in 4 registered voters does not think the Holocaust should be required teaching in schools.
The federal government is withholding $73 million in highway funds from New York, Transportation Secretary Sean Duffy said Thursday.
New York City Mayor Zohran Mamdani said he and President Trump are "honest, direct about the fact that we have many disagreements," but they agree on their love for New York City.
New York City Mayor Zohran Mamdani spoke with "CBS Mornings" on Thursday and reflected on his first 100 days in office.
CBS News projects that Democrat Analilia Mejia will win the special election in New Jersey's 11th Congressional District, a seat formerly held by Gov. Mikie Sherrill.
A new initiative from New York state is putting about $70 million up for grabs to community organizations that are more vulnerable to hate crimes and attacks.
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
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.
The Rock And Roll Hall of Fame unveiled its list of inductees for 2026, and it includes the Wu-Tang Clan, the legendary, local hip-hop collective.
Jury selection for Harvey Weinstein's rape retrial in a Manhattan courtroom began Tuesday. He is being accused of raping actress Jessica Mann in 2013.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
Mike Trout homered for the fifth time during a four-game series on Thursday, crushing a long drive in the seventh inning for the Angels in an 11-4 victory over the Yankees.
Gov. Mikie Sherrill is sounding off about the cost of getting to and from the FIFA World Cup games at MetLife Stadium this summer.
The New York Islanders are facing criticism for promoting a fundraiser for a former New York City police sergeant who was convicted of manslaughter.
Shohei Ohtani pitched six strong innings, striking out 10, as the Los Angeles Dodgers routed the New York Mets 8-2.
The New York Rangers beat the Tampa Bay Lightning 4-2 on Wednesday night in the regular-season finale for both teams.
Students at M.S. 407 transform a barren space into a habitat for bees and butterflies, part of a broader city push to expand pollinator-friendly green spaces.
Brooklyn officials announced a first-of-its-kind initiative to build sensory rooms in every District 75 elementary school.
New York City Mayor Zohran Mamdani's administration unveiled a dramatic traffic redesign at Brooklyn's Grand Army Plaza.
New York City business owners are pushing on the State Legislature to pass Gov. Kathy Hochul's reforms that would roll back some of the climate legislation passed by New York state in 2019.
Ismael Ox lost his right hand as a child in a grenade attack, survived homelessness in the U.S., and became a citizen, all while training to represent Team USA in para Taekwondo.
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.
In the interim, CBS News New York's Scott Padgett is calling for sun and clouds and temperatures in the 70s on Friday and upper 60s on Saturday.
The four crewmembers detailed everything from the beauty of what they saw with their own eyes to the tense moments as they encountered a broken toilet. CBS News New York's Doug Williams reports.
As CBS News New York's Naveen Dhaliwal reports, a meeting on Thursday night got quite heated at times.
As CBS News New York's Adi Guajardo reports, winning the seat formerly held by Gov. Mikie Sherrill keeps pressure on Republicans, who hold a razor-thin majority in the House.
Neighbors told CBS News New York's Naomi Ruchim that Roy Wilkins Park in St. Albans is usually a safe haven for kids after school, but something went very wrong on Thursday evening.
