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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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 person is dead after a shooting in Minneapolis earlier on Saturday involving federal immigration agents from Customs and Border Protection, a U.S. official with knowledge of the incident tells CBS News.
Mamdani told New Yorkers to prepare for dangerous winter weather, from heavy snow to frigid temperatures, as the city braces for a major snowstorm.
A fire at a New York City apartment building left at least one person dead and 15 injured, Mayor Mamdani said Saturday.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
The Boston Celtics outlasted the lottery-bound Brooklyn Nets 130-126 in double overtime on Friday night.
Mamdani told New Yorkers to prepare for dangerous winter weather, from heavy snow to frigid temperatures, as the city braces for a major snowstorm.
A fire at a New York City apartment building left at least one person dead and 15 injured, Mayor Mamdani said Saturday.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
An all-electric air taxi was on display for the public to check out at New York City's Pier 76 on Friday.
Can they plow the snow? It's a question that every New Yorker uses to judge their mayors, and many have failed the test.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
New Yorkers could see 6-12 inches of snow from Sunday to Monday as feels-like temperatures drop below 0. A winter storm watch has been issued.
A winter storm is headed to the Tri-State Area with heavy snow expected. New Yorkers could see 6-12 inches Saturday night into Monday.
Residents are feeling the cold weather, but there will be a slight break Thursday. All eyes are on the weekend with the possibility of a winter storm.
Dangerously cold weather is gripping the Tri-State Area with little relief as the frigid temperatures continue into the weekend.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
New Jersey auto body shops may be expecting to see more business after this weekend's winter storm.
New Jersey Gov. Mikie Sherrill declared a state of emergency as weather forecasts project a major snowstorm this weekend.
New Yorkers could see 6-12 inches of snow from Sunday to Monday as feels-like temperatures drop below 0. A winter storm watch has been issued.
As officials across New Jersey prepare for this weekend's expected snowstorm, Piscataway says it hasn't received a salt shipment in weeks.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
The Connetquot Central School District has been threatened with funding cuts unless it reinstates its old mascot name.
New Yorkers could see 6-12 inches of snow from Sunday to Monday as feels-like temperatures drop below 0. A winter storm watch has been issued.
The gang held a Huntington Station neighborhood under siege for years by funding violence through prostitution and sex trafficking, prosecutors said.
Dramatic video from Suffolk County police shows a deer smashing through a bank window and running around as officers try to wrangle it.
Can they plow the snow? It's a question that every New Yorker uses to judge their mayors, and many have failed the test.
New Jersey Gov. Mikie Sherrill declared a state of emergency as weather forecasts project a major snowstorm this weekend.
Staten Island Congresswoman Nicole Malliotakis is vowing to fight a court finding that says the lines of her 11th District are unconstitutional.
New York City is expected to employ remote learning on Monday due to the impending snowstorm.
As officials across New Jersey prepare for this weekend's expected snowstorm, Piscataway says it hasn't received a salt shipment in weeks.
Starting July 1, as many as 450,000 New Yorkers will lose EP coverage and be forced into marketplace health care plans.
Striking New York City nurses returned to the bargaining table Thursday, the New York State Nurses Association said.
Mayor Zohran Mamdani and Vermont Sen. Bernie Sanders joined striking New York City nurses on the picket line Tuesday.
New York City's largest nurses strike is now in Week 2 and it appears negotiations toward a deal remain at a standstill.
Negotiators for major New York City hospitals and the state nurses union returned to the bargaining table as the city's largest nurses strike enters a fifth day.
Pop superstar Harry Styles will open an unprecedented 30-show residency at Madison Square Garden, starting on Aug. 26 and ending on Oct. 31.
The nominees for the 98th annual Academy Awards were announced Thursday morning, and though "One Battle After Another," "Marty Supreme," "Frankenstein" and "Hamnet" were all nominated for plenty, it was "Sinners" that broke through with a record-smashing 16 nominations.
The FCC is warning that daytime talk shows and late-night programs must give equal time to opposing political candidates, taking aim at a genre of TV that has long drawn President Trump's ire.
The 2026 Songwriters Hall of Fame inductees were revealed on "CBS Mornings" on Wednesday. See the full list.
Channing Tatum is bringing "Magic Mike Live" to New York City, promising to "turn up the gas" on the popular show.
The Boston Celtics outlasted the lottery-bound Brooklyn Nets 130-126 in double overtime on Friday night.
Ryan Wedding, a 44-year-old Canadian national, was added to the FBI's Ten Most Wanted Fugitives list last year.
The active New York Mets have acquired ace pitcher Freddy Peralta and right-hander Tobias Myers from Milwaukee in a trade that sent two top prospects to the Brewers.
The Knicks broke a four-game losing streak without breaking a sweat, crushing the Nets 120-66 on Wednesday night.
The Yankees have reportedly agreed to a long-term contract with free agent outfielder Cody Bellinger.
A critical seasonal blood shortage is prompting renewed calls for New Yorkers to donate.
Puppet shows, peaceful protests and acts of service helped families reflect on Dr. Martin Luther King Jr.'s legacy through a child's perspective.
Nearly 100 tenants from three different buildings managed by A&E Real Estate on the Upper West Side rallied on Monday.
A group in Queens has banded together to revive landlines and give their children a simpler way to socialize.
A city-approved plan to rezone a stretch of Atlantic Avenue is expected to bring thousands of new apartments to Brooklyn, but tenant advocates say the deal falls short for lower-income residents and could accelerate displacement.
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.
Mamdani told New Yorkers to prepare for heavy snow and frigid temperatures as the city braces for what could be its biggest snowstorm in five years.
John Elliott has the Tri-State Area's updated Saturday morning First Alert Forecast on CBS News New York.
An explosion at a Bronx apartment building left at least one person dead and 14 others injured, NYC officials said Saturday.
CBS News New York's Lonnie Quinn has your First Alert Forecast for January 23 at 11 p.m.
After resuming negotiations, striking New York City nurses say they're not any closer to reaching a deal.
