FTX files plan to fully reimburse customers it defrauded of billions
FTX says that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.
FTX says that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.
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.
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
Damian Williams, United States attorney for the Southern District of New York, spoke Thursday evening after Sam Bankman-Fried was found guilty of fraud, conspiracy and money laundering. 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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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.
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 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.
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.
Bankman-Fried was arrested on charges including wire fraud and conspiracy related to the collapse of his cryptocurrency exchange.
CEO Sam Bankman-Fried also resigned from FTX, which was facing a financial crunch and a federal probe.
Brady Skjei scored on the power play with 3:11 left to help the Carolina Hurricanes beat the New York Rangers 4-3, staving off a sweep by winning Game 4 of the second-round playoff series.
Rookie Malachi Jones and Andrés Perea scored second-half goals and Matt Freese made nine saves as New York City FC held on for a 3-2 victory over Toronto FC.
A number of pro-Palestinian protesters were arrested Saturday night after blocking traffic on the Manhattan Bridge.
Lewis Morgan had an early goal and picked up an assist late to lead the New York Red Bulls to a 4-2 victory over the New England Revolution.
Atlanta's Max Fried and two relievers combined for a no-hitter through 8 2/3 innings before New York's J.D. Martinez homered to spoil the bid as the Braves beat the Mets 4-1 on Saturday.
A number of pro-Palestinian protesters were arrested Saturday night after blocking traffic on the Manhattan Bridge.
An 11-year-old girl is recovering after she was randomly slashed in the head in East Harlem on Friday.
A video circulating online helped lead to the arrest of the suspect in a violent assault and rape in the South Bronx, police say.
A couple has filed a lawsuit against New York City alleging the city is violating the rights of gay men by denying IVF benefits to gay male city employees and their partners.
The River Garden in West Farms is a place that nurtures home-grown opportunities and curiosity.
The northern lights were visible in upstate New York overnight, and there still might be a chance to see the aurora borealis closer to New York City over the weekend.
It will be cool with rain around the area in the morning. Rain and drizzle will linger during the remainder of the day.
Accompanying cooler temperatures will be multiple chances of rain through Sunday.
Traffic was flowing on I-95 in Norwalk Monday after being shut down in both directions due to a fiery tractor-trailer crash last week.
I-95 fully reopened in both directions Sunday in Norwalk, Connecticut, days after a tanker truck caught fire and badly damaged a bridge.
A new report from New Jersey's Department of Health shows lead levels in children are dropping but not gone.
The northern lights were visible in upstate New York overnight, and there still might be a chance to see the aurora borealis closer to New York City over the weekend.
It will be cool with rain around the area in the morning. Rain and drizzle will linger during the remainder of the day.
Accompanying cooler temperatures will be multiple chances of rain through Sunday.
A New Jersey fire chief who allegedly dumped a bucket of rocks, mud and gravel onto a rare 1995 Nissan Nismo 270R has been criminally charged.
A New York Supreme Court judge has struck down Nassau County Executive Bruce Blakeman's executive order banning transgender athletes from playing women's and girl's sports at county-owned facilities.
The U.S. Coast Guard is trying to find the source of a mysterious oily sheen reported on the waters of Long Island Sound.
The northern lights were visible in upstate New York overnight, and there still might be a chance to see the aurora borealis closer to New York City over the weekend.
A plastic surgeon from Long Island recently returned from a medical mission in Gaza and says the experience changed him forever.
It will be cool with rain around the area in the morning. Rain and drizzle will linger during the remainder of the day.
A New York Supreme Court judge has struck down Nassau County Executive Bruce Blakeman's executive order banning transgender athletes from playing women's and girl's sports at county-owned facilities.
Michael Cohen's testimony in former President Donald Trump's criminal trial in New York suggests the prosecution is reaching the home stretch of its case.
The highly anticipated State Department report doesn't formally conclude Israel is in violation of U.S. or international law.
The bill stalled earlier this week after senators from Virginia and Maryland objected to a provision that would allow an additional 10 flights a day to and from Ronald Reagan Washington National Airport.
Stormy Daniels gave defiant testimony Thursday as the defense accused her of fabricating details of the alleged sexual encounter between her and former President Donald Trump.
Leonette Belfield-Carson, whose daughter Jalissa Nadine Carson died of cancer, is now an advocate for other moms with children battling cancer.
A new report from New Jersey's Department of Health shows lead levels in children are dropping but not gone.
Kyle McMorrow was just 36 years old when he suffered a stroke last year. He woke up with neck pain one day, not realizing what was happening.
Panera is phasing out a highly caffeinated selection of lemonade beverages that's at the center of several lawsuits.
Hormel Foods says potentially contaminated products were shipped to Publix and Dollar Tree distribution warehouses.
Sean "Diddy" Combs is asking a judge to dismiss a lawsuit alleging that he and two other men raped a 17-year-old girl in a New York recording studio in 2003.
UmaSofia Srivastava resigned as Miss Teen USA on Wednesday, just two days after Noelia Voigt stepped down as Miss USA.
Livestreamer Kai Cenat will not be prosecuted in connection to the riot that broke out after he promoted a meet-and-greet and giveaway in Union Square last year.
The 2024 Met Gala saw hundreds of celebrities looking their best on fashion's biggest night.
The stars came out for the the 2024 Met Gala in New York City. See some of the most eye-catching outfits of the night.
Brady Skjei scored on the power play with 3:11 left to help the Carolina Hurricanes beat the New York Rangers 4-3, staving off a sweep by winning Game 4 of the second-round playoff series.
Rookie Malachi Jones and Andrés Perea scored second-half goals and Matt Freese made nine saves as New York City FC held on for a 3-2 victory over Toronto FC.
Lewis Morgan had an early goal and picked up an assist late to lead the New York Red Bulls to a 4-2 victory over the New England Revolution.
Atlanta's Max Fried and two relievers combined for a no-hitter through 8 2/3 innings before New York's J.D. Martinez homered to spoil the bid as the Braves beat the Mets 4-1 on Saturday.
Randy Arozarena homered and drove in four runs, Yandy Díaz hit a leadoff shot, and the Tampa Bay Rays beat the New York Yankees 7-2.
The River Garden in West Farms is a place that nurtures home-grown opportunities and curiosity.
Leonette Belfield-Carson, whose daughter Jalissa Nadine Carson died of cancer, is now an advocate for other moms with children battling cancer.
A new piece of legislation passed in the New York State Budget clarifies the distinction between squatters and tenants.
Walks in the park just got a lot brighter thanks to Harlem Sculpture Gardens, the largest outdoor public art exhibit ever in the neighborhood.
Riverdale resident Leo Shliselberg says despite the hardships he's experienced in life, the best medicine is laughter.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
As much of the northeast experiences heavy rains, parts of New York City are beginning to flood.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
A crane went up in flames high above Manhattan, then partially collapsed onto the street below.
CBS New York's Vanessa Murdock has your Mother's Day weather forecast.
Students at Kipp Team Academy in Newark hosted dozens of vendors in a special Mother's Day market Saturday.
Two families are marking the anniversary of the surgeries that saved their children's lives. Doctors at NewYork-Presbyterian performed the world's first pediatric domino heart transplant.
Police on Long Island seized thousands of vape products from a store in Melville. A 60-year-old man was charged with prohibited sale of flavored vape products. Flavored e-cigs have been banned in New York since 2020 as part of an effort to cut down on youth vaping.
One person was taken into custody after a round was fired inside a Harlem subway station.