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.
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billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.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.
The Knicks broke a four-game losing streak without breaking a sweat, crushing the Nets 120-66 on Wednesday night.
An audit for the Hackensack School District uncovered a $17 million budget gap for the 2025-2026 academic year and a projected $24 million gap for the next.
A former Bronx middle school gym teacher has pleaded not guilty to raping a 14-year-old girl.
Twice this week, swastikas have been found painted all over a playground at Gravesend Park in Brooklyn.
A critical seasonal blood shortage is prompting renewed calls for New Yorkers to donate.
A former Bronx middle school gym teacher has pleaded not guilty to raping a 14-year-old girl.
Twice this week, swastikas have been found painted all over a playground at Gravesend Park in Brooklyn.
A critical seasonal blood shortage is prompting renewed calls for New Yorkers to donate.
Homeless encampments are still a critical problem in New York City, and it remains to be seen how Mayor Zohran Mamdani will deal with them.
A list of the most dangerous roads in New York is out, and four of them are on Long Island.
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.
Many dangers lurk when the temperature plummets, including hypothermia, frostbite and even a heart attack.
The weekend of snow in the New York City area finally wrapped up overnight, but don't let it fool you. Temperatures are about to plummet.
Snow fell in New York City and across the Tri-State Area on Sunday morning and evening, leaving a good amount to measure in its wake.
An audit for the Hackensack School District uncovered a $17 million budget gap for the 2025-2026 academic year and a projected $24 million gap for the next.
While clothing isn't subject to sales tax in New Jersey, Skims collected it from customers. The company will now be issuing refunds.
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.
A New Jersey family has been reunited with their beloved dog that was lost when their car was stolen.
The New York Giants officially introduced their new head coach John Harbaugh Tuesday.
A list of the most dangerous roads in New York is out, and four of them are on Long Island.
A Long Island woman has been charged after officials say more than 100 cats were rescued from deplorable conditions at her West Islip home.
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 weekend of snow in the New York City area finally wrapped up overnight, but don't let it fool you. Temperatures are about to plummet.
Homeless encampments are still a critical problem in New York City, and it remains to be seen how Mayor Zohran Mamdani will deal with them.
A list of the most dangerous roads in New York is out, and four of them are on Long Island.
The New York State Department of Motor Vehicles is going dark for five days in February to upgrade computer systems that date back six decades.
A judge on Wednesday threw out the boundaries of the only congressional seat in New York City represented by a Republican.
President Trump said he will not be imposing tariffs against European countries over their objections to his efforts to acquire Greenland.
Striking New York City nurses are set to return 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.
Nurses continue to hold the picket line as the largest nurses' strike in New York City history is on its third day with no end in sight.
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.
Kianna Underwood, a former Nickelodeon child actress, was identified as the woman killed in a hit-and-run in Brooklyn.
John Forté, the Grammy-nominated musician known for his work with the Fugees, was found dead in his home in Massachusetts.
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
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.
The New York Mets acquired Luis Robert Jr. in a trade with the Chicago White Sox on Tuesday, filling a hole in center field.
Goalie Darcy Kuemper has left the Los Angeles Kings' game against the New York Rangers after a collision in the crease late in the first period.
Carlos Beltrán was a nine-time All-Star during his 20-year MLB career. Andruw Jones was a five-time All-Star and won 10 Gold Gloves.
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.
CBS News New York's Lonnie Quinn has your First Alert Forecast for January 21 at 11 p.m.
The mayor of Piscataway, New Jersey, said his government is still trying to secure enough salt for the upcoming snow storm.
A Bergen County, New Jersey, school district says it will have to cut staffing after discovering a multimillion dollar budget gap. CBS News New York's Ali Bauman attended an emotional Board of Education meeting Wednesday.
As the New York City nurses strike continues, support is coming from the patients who relied on their care. CBS News New York's Naveen Dhaliwal reports.
A judge has declared the lines of New York's congressional district held by Rep. Nicole Malliotakis are unconstitutional. As CBS News New York's Dick Brennan reports, it's a ruling that could have major implications for the 2026 midterm election.
