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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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.
Elected officials and Islamic leaders on Long Island gathered Monday to condemn an act of hate that took place over the weekend.
A teen was stabbed at around 2 a.m. at a New York City McDonald's located on Eighth Avenue between 34th and 35th streets.
Amtrak is reopening part of the 116-year-old East River Tunnel that underwent major renovations after being damaged by Hurricane Sandy in 2012.
A Brooklyn mother was fatally shot outside a bar and lounge in Crown Heights early Sunday morning.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
Elected officials and Islamic leaders on Long Island gathered Monday to condemn an act of hate that took place over the weekend.
A teen was stabbed at around 2 a.m. at a New York City McDonald's located on Eighth Avenue between 34th and 35th streets.
Amtrak is reopening part of the 116-year-old East River Tunnel that underwent major renovations after being damaged by Hurricane Sandy in 2012.
A Brooklyn mother was fatally shot outside a bar and lounge in Crown Heights early Sunday morning.
Streets were closed and police were out in full force Sunday in preparation for a possible teen takeover in Inwood.
Rainy weather returns to the New York City area Sunday, bringing with it the threat of flooding.
Bayonne, New Jersey, is heading to the Little League World Series after beating Darien, Connecticut, in the Metro Region Tournament on Friday.
We're in great shape on this Friday as we gear up for another weekend.
The potential for severe storms and downpours returns to the Tri-State Area Monday as sweltering temperatures continue.
Monday will be a First Alert Weather Day due to the possibility of afternoon and evening thunderstorms and high heat indices near 100 degrees.
Rainy weather returns to the New York City area Sunday, bringing with it the threat of flooding.
A Newark Police sergeant in an unmarked SUV was following a driver who then fatally struck a teenage pedestrian, officials say.
A man has been arrested in connection with a boating crash that killed two kids off the coast of Ocean County, New Jersey.
A New Jersey man is the 46th person to climb Mount Kilimanjaro in a wheelchair.
Bayonne, New Jersey, is heading to the Little League World Series after beating Darien, Connecticut, in the Metro Region Tournament on Friday.
Elected officials and Islamic leaders on Long Island gathered Monday to condemn an act of hate that took place over the weekend.
Elected officials and Islamic leaders on Long Island gathered Monday to condemn an act of hate that took place over the weekend. CBS News New York's Carolyn Gusoff reports.
A double shooting in Hempstead has been ruled a murder-suicide, Nassau County Police say.
The third annual Black Wall Street Festival was held Saturday afternoon in Hempstead.
A new Long Island business owned by former reality TV star Bethenny Frankel was issued a stop work order hours after its grand opening Thursday.
Randy Mastro, a former federal prosecutor who has held high City Hall posts in two administrations, is raising the issue of open primaries, where all registered voters can participate regardless of party affiliation.
Americans think more young people in office would make politics better.
President Trump headed to Long Island Friday to campaign with Nassau County Executive Bruce Blakeman, whom he has endorsed for governor of New York.
The USS George Washington aircraft carrier departed Vietnam last week and is headed to the Middle East to replace the USS Abraham Lincoln, according to a U.S. official.
Meanwhile, Israel is being condemned by Lebanese leaders for strikes in the south that killed at least 11 people, including children.
Two more deaths have been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Friday.
Jones Beach is back open for swimmers after it was prohibited due to elevated bacterial levels. The rare shutdown took place from Thursday afternoon through midday Friday.
New Yorkers who buy their own health insurance could pay more as insurers file requests with the State Department of Financial Services to increase premiums.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
The New York Hotel and Gaming Trades Council claims The High Line Hotel tested positive for Legionella bacteria twice this summer.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
The lineup for the 2026 Global Citizen Festival in New York City was announced Thursday.
Latin music stars Marc Anthony, Feid, and others are set to perform at a benefit concert in Miami on August 16.
Actor and comedian Bowen Yang will portray Mary Todd Lincoln in Broadway's "Oh, Mary!" for a limited 12-week run starting in September.
Designer John Galliano is known for his theatrical and dramatic designs, but his legacy is also marked by antisemitic and racist comments.
Bruno Damiani scored his first two goals of the season, and the Philadelphia Union rallied from two goals down to beat New York City FC 3-2 on Sunday night at Yankee Stadium.
Christian Scott pitched into the seventh inning and Luis Torrens hit a two-run homer Sunday, helping the surging Mets to a 4-3 win over the Nationals and a three-game series sweep.
Ben Rice hit a tiebreaking home run in the 10th inning and the Yankees beat the Blue Jays 4-3 on Sunday to avoid a three-game sweep.
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
Atlanta United rallied to beat the New York Red Bulls 2-1 on Saturday night to snap a seven-game winless streak.
Some residents of a Queens building say a temporary boiler truck parked outside has become a nearly two-year fixture, emitting smoke they say drifts into their homes.
Harlem Week 2026 brings past and present Harlemites together to honor the neighborhood's legacy.
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.
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.
CBS News New York's Tony Sadiku has a look at the First Alert Weather forecast.
There will be an anti-ICE rally Monday afternoon in East Elmhurst following an sharp rise in families in the area reporting ICE enforcement.
Elected officials and Islamic leaders on Long Island gathered Monday to condemn an act of hate that took place over the weekend. CBS News New York's Carolyn Gusoff reports.
A Brooklyn mother was fatally shot outside a bar and lounge in Crown Heights early Sunday morning. CBS News New York's Christina Fan reports.
An Australian teen was stabbed repeatedly in an apparently unprovoked attack inside a Midtown McDonald's in New York City, police sources said.
