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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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 SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
The Teens for Food Justice Hydroponic Farm at the Urban Assembly Maker Academy is a triumph. Rows of fresh vegetables, from cucumbers to kale to basil to arugula, are all grown there, and the kids are responsible for it.
The Urban Assembly Maker Academy in Manhattan is built around career and technical education pathways with hands-on learning in the classroom.
Dangerous heat and severe storms are back in the picture for New York City and the surrounding area in Friday's weather forecast.
Some people in Jackson Heights, Queens were without power overnight into Friday morning.
The Teens for Food Justice Hydroponic Farm at the Urban Assembly Maker Academy is a triumph. Rows of fresh vegetables, from cucumbers to kale to basil to arugula, are all grown there, and the kids are responsible for it.
The Urban Assembly Maker Academy in Manhattan is built around career and technical education pathways with hands-on learning in the classroom.
Dangerous heat and severe storms are back in the picture for New York City and the surrounding area in Friday's weather forecast.
Some people in Jackson Heights, Queens were without power overnight into Friday morning.
The family of a 14-year-old boy who was struck by a piece of a building facade on Queens sidewalk in May is filing a lawsuit.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
Thursday and Friday will be First Alert Weather Days in the New York City area, with high temperatures and the chance for strong storms.
The Stamford Fire Department said high winds ripped the 3,000-square-foot flag off the pole atop the WWE building and sent it flying into electrical wires.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
It's unseasonably warm in New York City on Wednesday as humidity adds to the summer-like weather. There's also a slight chance for showers in parts of the Tri-State Area.
Dangerous heat and severe storms are back in the picture for New York City and the surrounding area in Friday's weather forecast.
The first World Cup game at MetLife Stadium is Saturday, and it will be a major test for NJ Transit. Here's what to expect.
With the temperatures rising into the 90s and a dangerous heat index, Newark, New Jersey, is activating a Code Red warning to keep residents and soccer fans attending World Cup festivals safe.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
Fans will soon gather at Choripan in Hackensack, New Jersey, to root for Argentina as they look to win their second consecutive World Cup title.
Dangerous heat and severe storms are back in the picture for New York City and the surrounding area in Friday's weather forecast.
The man accused of driving drunk and killing a Nassau County police officer in January has changed his plea to guilty.
Long Island reporter Jennifer McLogan was presented with a Lifetime Achievement Award at the 2026 Folio Awards Luncheon.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
A Long Island woman says her efforts to avoid check washing didn't keep her from being robbed, calling the experience "upsetting and disheartening."
New York Gov. Kathy Hochul is reacting to threats from President Trump's border czar about sending more ICE agents to the state.
Multiple floors of the Pentagon were locked down for several hours Thursday morning and hazmat crews were deployed for what authorities had described as a "hazardous materials incident."
A judge has found former New York City Comptroller Brad Lander not guilty in a bench trial over his arrest at the city's immigration court last fall.
The bench trial of former New York City Comptroller Brad Lander over his arrest at the city's immigration court last fall got underway on Wednesday in Manhattan.
Calls to ban horse carriages in New York City are growing after a horse collapsed and died in Central Park Tuesday.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
New Jersey Gov. Mikie Sherrill is urging people to donate blood ahead of the summer months.
There's no vaccine for the Bourbon virus, nor medicine to treat it, according to the U.S. Centers for Disease Control and Prevention.
Marie Francillion was diagnosed with lung cancer after she was feeling heartburn and shoulder pain. She said she's able to remain hopeful and spend more time with her family because of a different type of treatment.
Taylor Swift attended Game 4 of the NBA Finals between the Knicks and Spurs at Madison Square Garden on Wednesday.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
The Broadway revival of the musical (nominated for 11 Tony Awards) depicts drama, joy and heartbreak in the pursuit of the American Dream at the turn of the 20th century, with parallels to the contemporary world, from issues of race to the immigrant experience.
Madonna performed a surprise concert in Times Square weeks before the release of her "Confessions II" album.
Knicks superfan Spike Lee stopped by CBS Mornings to give his thoughts as the Knicks get set to play in the NBA Finals, and he offered his prediction, too.
The first World Cup game at MetLife Stadium is Saturday, and it will be a major test for NJ Transit. Here's what to expect.
Juan Soto hit a go-ahead homer in the seventh inning and the New York Mets earned a 5-4 win over the St. Louis Cardinals on Thursday.
The NYPD said "reckless and dangerous" fan behavior before and after the game between the Knicks and Spurs justified stepped-up security around the Garden.
A video shared online shows at least one egg tossed in the direction of the San Antonio Spurs superstar as he entered his hotel following the loss to the Knicks.
Fans will soon gather at Choripan in Hackensack, New Jersey, to root for Argentina as they look to win their second consecutive World Cup title.
A years-long battle is intensifying over the future of an old rail line in Queens that was abandoned after a fire over 50 years ago.
Harlem's historic Cotton Club recently announced it was up for sale. The news comes as jazz clubs across the borough disappear.
Jasir Gipson was shot by a stray bullet at 5 years old while walking with his mother. More than a decade later, he's graduating from high school with nothing but a smile.
Garbage piling up near freight train tracks is frustrating many Maspeth residents.
Residents and elected officials are urging the MTA to reopen the Long Island Rail Road's former Elmhurst station, arguing that the neighborhood has outgrown its current transit options.
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.
All eyes will be on Wall Street Friday as Elon Musk's company SpaceX is expected to make its stock market debut. CBS News New York's Jenna DeAngelis reports.
It will be a major test for NJ Transit. Here's what you can expect if you're traveling. CBS News New York's Elijah Westbrook reports.
From the moment the switch was flipped in January of 2025, this endeavor has grown exponentially. Rows of fresh vegetables, from cucumbers to kale to basil to arugula, are all grown there, and the kids are responsible for it. CBS News New York's Chris Wragge reports.
The Maker Space at Urban Assembly Maker Academy is where all the action happens. It's a triangle where nothing but work is being done, including computer science, digital media and even bench building, photography, and more. Chris Wragge reports.
The school is built around career and technical education pathways with hands-on learning in classes like video game programming, physical computing, and plant production. The coursework prepares students for the working world. CBS News New York's Chris Wragge reports.
