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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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 beat the Colorado Rockies 5-3 on Tuesday night to clinch their 34th straight winning season.
Former Mets players from the 2001 season were at Ladder 25 on the Upper West Side on Tuesday.
After the Sept. 11, 2001 terror attacks, New York City faced a difficult question: how can more lives be saved in future mass emergencies?
Columbia University closed its gates, restricting access to its campus after on-campus protests surrounding the Israel-Hamas war.
Grammy and Emmy Award-winning musician Lizzo made a surprise visit to meet Brooklyn students and debut her new children's book.
Former Mets players from the 2001 season were at Ladder 25 on the Upper West Side on Tuesday.
After the Sept. 11, 2001 terror attacks, New York City faced a difficult question: how can more lives be saved in future mass emergencies?
Columbia University closed its gates, restricting access to its campus after on-campus protests surrounding the Israel-Hamas war.
Grammy and Emmy Award-winning musician Lizzo made a surprise visit to meet Brooklyn students and debut her new children's book.
Tough choices had to be made in the aftermath of the Sept. 11, 2001, terror attacks, including when it would be safe to reopen Lower Manhattan.
After a week filled with periods of storminess and high humidity, a calmer and drier weather pattern is settling in for the holiday weekend.
Severe storms returned to the Tri-State Area, making it a soggy Thursday morning.
The rain returns Tuesday with the possibility of severe storms and downpours that can cause flash flooding in the New York City area.
Activity by ICE agents is putting a chill on the economy in parts of Connecticut after an estimated 100 people were recently grabbed off the streets of Danbury and other communities.
A First Alert Weather Day has been issued for Tuesday and Wednesday due to the threat of strong to severe thunderstorms.
More than 41,000 students are heading back to class across Newark, New Jersey, Tuesday following 11 weeks of summer vacation.
Some are calling for Macklemore to be removed from Ed Sheeran's Loop tour after he used part of his opening performance on Friday and Saturday nights at MetLife Stadium to share his pro-Palestinian views about the war in Gaza.
Passaic's Mexican Independence Day Parade has been postponed, with officials citing concerns about recent arrests by U.S. Immigration and Customs Enforcement.
A fast-moving fire early Sunday morning forced a woman to jump from a third-floor window in Elizabeth, New Jersey. City officials said the 50-year-old landed in the driveway of 470 Jefferson Ave.
New York wildlife advocates are calling for a ban on underpass netting, saying pigeons are getting trapped and dying.
Police in Suffolk County, Long Island, say a woman found dead inside her home Thursday was murdered. Her body was found by a family member inside her Sayville home. CBS News New York's Jennifer McLogan reports.
A Sayville woman was found dead Thursday night, and police said they believe she was a victim of violence. CBS News New York's Jennifer McLogan reports.
A 62-year-old woman was found dead inside her Sayville home Thursday night. Police say she was a victim of violence.
Police on Long Island recently impounded an imitation presidential limousine that was part of a mock motorcade and carrying a President Trump look-alike.
Massive whale sharks were recently spotted surfacing right next to a boat near New York City, turning an ordinary day on the water into an extraordinary encounter.
Tough choices had to be made in the aftermath of the Sept. 11, 2001, terror attacks, including when it would be safe to reopen Lower Manhattan.
New York City officials released thousands of previously unseen documents questioning the air quality at Ground Zero following the 9/11 attacks.
Canada's steep retaliatory tariffs on $20 billion in U.S. goods took effect just after midnight ET on Tuesday, deepening the trade war between the two countries.
Some are calling for Macklemore to be removed from Ed Sheeran's Loop tour after he used part of his opening performance on Friday and Saturday nights at MetLife Stadium to share his pro-Palestinian views about the war in Gaza.
Passaic's Mexican Independence Day Parade has been postponed, with officials citing concerns about recent arrests by U.S. Immigration and Customs Enforcement.
Twenty-five years after the terrorist attacks on Sept. 11, 2001, the health threat hasn't ended for many survivors.
New York City officials released thousands of previously unseen documents questioning the air quality at Ground Zero following the 9/11 attacks.
A new study from NYU shows that the number of American children taking GLP-1s for weight loss has increased 300-fold since 2019.
A report released Tuesday is offering a new glimpse into the health impact the 9/11 attacks continue to have on FDNY first responders.
Two more people who were sickened in the Upper East Side Legionnaires' disease cluster have died, health officials announced Friday.
Grammy and Emmy Award-winning musician Lizzo made a surprise visit to meet Brooklyn students and debut her new children's book.
Some are calling for Macklemore to be removed from Ed Sheeran's Loop tour after he used part of his opening performance on Friday and Saturday nights at MetLife Stadium to share his pro-Palestinian views about the war in Gaza.
The Met's decision to highlight the work by designer John Galliano sparked widespread controversy due to his history of antisemitic and racist comments.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
President Trump said that he would be "lowering the American flag" throughout the nation for one week in Dolly Parton's honor.
The New York Yankees beat the Colorado Rockies 5-3 on Tuesday night to clinch their 34th straight winning season.
Aaron Judge was reinstated from the 60-day injured list Monday night by the New York Yankees.
Bo Bichette's go-ahead single and Ewing's 2-run double turned a 4-3 deficit into a 7-4 Mets lead.
Fernando Tatis Jr., Jake Cronenworth and Manny Machado hit consecutive home runs off Gerrit Cole to open the bottom of the first inning, and the Padres held off the Yankees 4-3 on Sunday.
Bo Bichette launched a go-ahead three-run homer with two outs in the eighth inning after an intentional walk to Juan Soto, and the Mets rallied for a 4-2 victory over the Giants on Sunday.
Former Mets players from the 2001 season were at Ladder 25 on the Upper West Side on Tuesday.
Grammy and Emmy Award-winning musician Lizzo made a surprise visit to meet Brooklyn students and debut her new children's book.
A Bronx pizzeria is proving that kindness is contagious by giving slices to hungry New Yorkers.
Brooklyn Community Services says keeping its mobile shower program running is becoming increasingly difficult as the costs of fuel, hygiene products and other expenses rise.
The Brooklyn family traces its roots to Pieter Claesen Wyckoff, who arrived in the New World 400 years ago. Today, descendants connect through reunions, Zoom calls and a massive genealogical database.
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.
Carnegie Deli is reopening on Seventh Avenue in Manhattan next week.
Every year since the terror attacks on Sept. 11, 2001, New York's Major League Baseball teams visit firefighters and first responders to commemorate that day. CBS News New York's Noëlle Lilley reports.
For the first time, we're hearing directly from jurors in the case of Lindsay Clancy. Also Tuesday, her lawyer talked to CBS News in Boston, explaining why he's asked President Trump for something he can't actually give Clancy – a pardon. Shanelle Kaul has all the new developments.
After 9/11, City Hall faced a difficult question – how can we save more lives in future mass emergencies? Twenty-five years later, the city says it's far better equipped to handle such a tragedy. CBS News New York's Tim McNicholas shows us what's changed.
A New Jersey Transit bus hit two pedestrians in Hackensack on Tuesday.
