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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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.
Nancy Guthrie has been missing since Feb. 1 and her daughter, "Today" show co-host Savannah Guthrie, has posted several videos pleading for her return.
If Senate Minority Leader Chuck Schumer gets his way, the Pride flag will be a permanent part of the Stonewall National Monument.
Mary Calvi talks to New York Times bestselling author Sadeqa Johnson about her new novel, "Keeper of Lost Children," based on the stories of mixed-race children abandoned in Germany after World War II.
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was last seen on Jan. 31 and was reported missing the following day, Feb. 1.
As construction on New Jersey's Portal Bridge gets underway, NJ Transit and Amtrak riders will see some major changes for the next month.
If Senate Minority Leader Chuck Schumer gets his way, the Pride flag will be a permanent part of the Stonewall National Monument.
It's been nearly three weeks since a January snowstorm hit New York City, and many cars still haven't moved.
Accumulating snow will return to the New York City area Sunday evening into Monday morning.
A 17-year-old boy has been arrested in connection to a Bronx shooting that left one teenager dead and two hurt Wednesday.
A man was arrested Saturday after allegedly randomly attacking two women and a teenager in Sunset Park, Brooklyn.
Accumulating snow will return to the New York City area Sunday evening into Monday morning.
Valentine's Day will be mild in the New York City area, but snow may be on the way to end the weekend.
New Yorkers felt much better on Tuesday as a warm front moved toward the region. But, snow and ice could make for a potentially dangerous evening.
A Cold Weather Advisory is in place through 10 a.m. on Monday for the entire Tri-State Area. As a result, a First Alert Weather Day will be in play for at least part of the day.
A Connecticut man was arrested after allegedly driving drunk in the Bronx and hitting pedestrians on a sidewalk Friday.
As construction on New Jersey's Portal Bridge gets underway, NJ Transit and Amtrak riders will see some major changes for the next month.
Accumulating snow will return to the New York City area Sunday evening into Monday morning.
Valentine's Day will be mild in the New York City area, but snow may be on the way to end the weekend.
A Palestinian woman who had been living and working in Paterson, New Jersey, suffered a seizure while in ICE custody in Texas, her legal team says.
Gov. Mikie Sherrill said officials expected the Trump administration to release more than $200 million in frozen funds by Friday, but they did not.
Accumulating snow will return to the New York City area Sunday evening into Monday morning.
Potholes are causing even more crashes on an already dangerous stretch of New York 25 on Long Island, officials say.
Hicksville is New York's first school district to ban e-bikes after alarming statistics revealed at least 12 people, mostly young Long Islanders, died on them in the past three years.
It has been a brutal viral season, but as RSV cases surged in New York, Northwell Health doctors say infant hospitalizations remained down, thanks to a fairly new vaccine.
Nassau County Executive Bruce Blakeman accepted the Republican Party's nomination for New York governor on Wednesday at the GOP convention in Garden City.
If Senate Minority Leader Chuck Schumer gets his way, the Pride flag will be a permanent part of the Stonewall National Monument.
President Obama spoke about the "unprecedented nature" of what he said Immigration and Customs Enforcement agents did in Minnesota.
It's the second time in as many weeks that government funding has lapsed as Democrats and the White House remain at an impasse over immigration enforcement policies.
The mayor announced the plan to redesign Fordham Road was back on during a comically tight press conference aboard an MTA bus.
Gov. Mikie Sherrill said officials expected the Trump administration to release more than $200 million in frozen funds by Friday, but they did not.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
New York City Department of Environmental Protection said there was a "significant reduction in water usage" throughout the Big Apple during his show. That changed as soon as his performance ended.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
Puerto Rican superstar Bad Bunny, born Benito Antonio Martínez Ocasio, is one of the most-streamed artists on the planet.
The short-handed Indiana Pacers beat the Brooklyn Nets 115-110 on Wednesday night.
Jose Alvarado scored a season-high 26 points and Mikal Bridges added 22 points as the New York Knicks beat the Philadelphia 76ers 138-89 Wednesday night.
Pascal Siakam scored 30 points and the Pacers snapped a four-game losing streak by holding off the Knicks with a 137-134 overtime victory on Tuesday night.
Nic Claxton scored 28 points and had 10 rebounds to lead the Nets to a 123-113 win over the Bulls on Monday night.
Zuby Ejiofor scored six of his 25 points in overtime and No. 17 St. John's outlasted pesky Xavier 87-82 on Monday night at Madison Square Garden.
A Brooklyn community is fighting to turn a forgotten landmark into a heritage center.
Edward R. Murrow High School's new boiler system cuts emissions while doubling as a hands-on sustainability lesson for students.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
After their building managers were arrested on fraud charges, tenants in Queens say their apartments were left in chaos.
Harlem's Schomburg Center for Research in Black Culture centennial anniversary began last year, and 2026 marks 100 years since the library became owner of its namesake's personal collection, making it a full-fledged research center.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
The news comes in the wake of the federal government taking down the flag earlier this week, before it was restored. CBS News New York's Lisa Rozner reports.
New York's starting shortstop is likely to miss six weeks. CBS News New York's Otis Livingston has the story from Port St. Lucie, Florida.
Robert Schott parks it in his front yard in Cranford. All the proceeds go to the Children's Specialized Hospital Foundation in mountainside. CBS News New York's Allen Devlin reports.
Once this minor system moves out of the area, expect temperatures in the 40s for the next several days. CBS News New York's Vanessa Murdock reports.
Some stops at landings had been temporarily suspended due to icy conditions. CBS News New York's Allen Devlin reports.
