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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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.
A memorial tribute was held in Central Park on Monday afternoon for Romanch Mahajan, the teenage tourist who died last month in a runaway horse carriage accident.
Certain core groceries will cost 30% less at New York City-run stores, Mayor Zohran Mamdani said Monday.
Two school employees were slashed in the arm by a student Monday morning in the Bronx, police said.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
William Ferrer, 45, was arraigned on a host of charges relating to the triple shooting in the Mount Eden section of the Bronx.
A memorial tribute was held in Central Park on Monday afternoon for Romanch Mahajan, the teenage tourist who died last month in a runaway horse carriage accident.
Certain core groceries will cost 30% less at New York City-run stores, Mayor Zohran Mamdani said Monday.
Two school employees were slashed in the arm by a student Monday morning in the Bronx, police said.
William Ferrer, 45, was arraigned on a host of charges relating to the triple shooting in the Mount Eden section of the Bronx.
A vigil will be held Monday night for Sgt. Angel Rampersad from Queens, who was killed in an attack on a U.S. base in the Middle East.
Weather conditions go downhill Tuesday and Wednesday with rain and potentially strong storms on deck for the New York area.
Severe weather impacted the entire region on Tuesday, with watches and warnings throughout the CBS News New York viewing area.
Stormy weather will return to the New York City area Tuesday after a brief reprieve.
Storms brought flooding rains, damaging winds, hail and lightning to New York and New Jersey on Saturday.
While the air quality is improving, haze still lingers as New Yorkers brace for upcoming rain and possibly severe storms Saturday.
Weather conditions go downhill Tuesday and Wednesday with rain and potentially strong storms on deck for the New York area.
A man died, and three other people were injured when a boat crashed into a channel marker in Barnegat Bay in Toms River Township, New Jersey State Police said.
A group of campers ate suspected mushroom-laced edibles at an East Orange YMCA in New Jersey, according to police.
The software company at the center of a New Jersey noncitizen voting controversy fired back Thursday, saying the state is responsible for the snafu.
Edison Township Council members approved emergency appropriations needed to get furloughed employees back on the job on Friday.
Weather conditions go downhill Tuesday and Wednesday with rain and potentially strong storms on deck for the New York area.
We're just a few days away from the CBIZ Workplace Challenge on Long Island. Mindy Davidson and Jim Aspromonti stopped by CBS News New York to talk about the event.
On Long Island, a dangerous intersection has one East Northport mother pushing for change. CBS News New York's John Dias has more on the safety concerns she’s bringing straight to local leaders and what they’re now doing about it.
Major service changes are coming to some of the MTA's subway and Long Island Rail Road lines starting this weekend.
There are some Long Island Rail Road service changes planned for the weekend.
A memorial tribute was held in Central Park on Monday afternoon for Romanch Mahajan, the teenage tourist who died last month in a runaway horse carriage accident.
Certain core groceries will cost 30% less at New York City-run stores, Mayor Zohran Mamdani said Monday.
New York City Mayor Zohran Mamdani responded Sunday to criticism that he's fueling antisemitism as Jewish New Yorkers rallied on Manhattan's Upper West Side against antisemitism and hate.
This week on The Point with Marcia Kramer, our host sits down with political strategists J.C. Polanco and O'Brien Murray to discuss the week that was in New York and national politics.
The plans include arresting migrants in Ohio and quickly putting them on deportation flights to crisis-stricken Haiti, the internal documents indicate.
Thirty-four cooling towers at 33 buildings on the Upper East Side tested positive for live Legionella bacteria, the New York City Health Department announced Tuesday.
An attorney representing an Upper East Side woman whose husband just died from Legionnaires' disease is planning to take legal action.
Studies show older adults are among the safest drivers on the road, but crashes involving seniors are on the rise.
For the third day in a row, the NYC Health Department has announced a death in the Upper East Side Legionnaires' disease cluster.
A second death has been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Saturday.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Madonna, Justin Bieber, BTS and Shakira each brought a bit of one of their hits to the World Cup's first halftime show in a whirlwind performance Sunday that also squeezed in Burna Boy, Ted Lasso and many Muppets.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
Center fielders Carlos Beltrán and Andruw Jones and second baseman Jeff Kent were inducted into the Baseball Hall of Fame on Sunday.
Tyrone Taylor put the Mets ahead with a three-run homer in the sixth inning, and New York beat the Dodgers 8-3 on Sunday to prevent a season sweep.
Cam Schlitter helped lead the New York Yankees to victory over the Philadelphia Phillies Friday night.
The Los Angeles Dodgers beat the New York Mets 4-2 on Friday night.
The Sixers' wild offseason continued Friday when they added four-time NBA champion LeBron James.
Parents in Harlem say their children's walk to summer camp is littered with trash, illegal dumping and a growing encampment.
A specialized program from God's Love We Deliver is serving nearly 400 veterans with medically tailored meals, while helping combat isolation and ease the challenges of life after military service.
The Newtown Creek Alliance community science project gives students hands-on experience monitoring the health of one of the most polluted waterways in the U.S.
The FIFA World Cup is delivering a business boost for many bars and restaurants across New York City, but not every industry is seeing the same payoff.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
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.
Tuesday and Wednesday are gearing up to be full of wet weather and potentially strong storms. CBS News New York Meteorologist Tony Sadiku has the forecast.
The NBA trophy is part of a special exhibition that runs through Jan. 3.
There will be a 30% discount on core baskets of food including vegetables, meat, seafood, bread, milk, rice and beans.
Fifteen homes were impacted by the break Sunday but water service has since been restored.
Carly Simon announced she has Parkinson's disease in a statement Monday that also revealed she was treated for basal cell carcinoma, a type of skin cancer.
