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.
Lawyers for Sam Bankman-Fried claim in an appeal filed Friday that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty before he was even arrested.
Best-selling author Michael Lewis, who had unprecedented access to FTX founder Sam Bankman-Fried, is releasing a new afterword in the paperback version of "Going Infinite." He shares his thoughts on the trial's outcome and the controversy surrounding his portrayal of Bankman-Fried.
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.
Sam Bankman-Fried was sentenced to 25 years in prison for his role in the sudden collapse of the FTX crypto exchange. Prosecutors say he defrauded customers out of more than $8 billion, one of the largest financial crimes in U.S. history. Errol Barnett reports.
A judge sentenced disgraced FTX founder Sam Bankman-Fried to 25 years in prison Thursday. A jury convicted the 32-year-old of fraud and conspiracy in November. CBS News national correspondent Errol Barnett reports.
Former billionaire Sam Bankman-Fried was convicted for orchestrating a massive financial fraud that led to downfall of crypto trading platform FTX.
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for his role in the cryptocurrency fraud scheme that brought down his company and lost investors billions. CBS News' Errol Barnett reports.
Prosecutors wrote in a letter that evidence presented at a second trial would duplicate evidence already shown to the jury in the first trial.
From the rise of artificial intelligence to Elon Musk's rebranding of Twitter, 2023 saw major changes in the tech industry. CBS News senior business and tech correspondent Jo Ling Kent joins to look back at the year in tech -- and to discuss where the industry is headed in 2024.
Concerns over inflation and a potential recession drove economic headlines in 2023, but new data shows consumer confidence is at a five-month high as we head into the new year. Javier David, CBS News contributor and a managing editor of business and markets at Axios, has a look at the economic outlook for 2024.
The acclaimed author writes about FTX founder Sam Bankman-Fried in his new book "Going Infinite."
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.
Sam Bankman-Fried's trial came to an end Thursday with the jury finding him guilty on all charges, including fraud, conspiracy and money laundering. CBS News national correspondent Errol Barnett was in court as the verdict was read.
FTX founder Sam Bankman-Fried has been found guilty on all seven counts of fraud, conspiracy and money laundering following more than two weeks of testimony in one of the highest-profile financial crime cases in years. CBS News national correspondent Errol Barnett has more.
A Manhattan jury deliberated less than four hours before finding FTX founder Sam Bankman-Fried guilty of seven counts of fraud and conspiracy. Prosecutors are calling the $10 billion scheme one of the biggest financial frauds in American history. CBS News' Errol Barnett reports.
The former billionaire cryptocurrency mogul faces a potential prison term of more than a century following his conviction.
A jury Thursday night found FTX founder Sam Bankman-Fried guilty on all seven counts of fraud, conspiracy and money laundering following more than two weeks of testimony in one of the highest-profile financial crime cases in years. CBS News legal analyst Rikki Klieman and national correspondent Errol Barnett have more.
Closing arguments were underway Wednesday in FTX founder Sam Bankman-Fried's trial in New York. CBS News correspondent Errol Barnett has been covering the trial and has the latest on Bankman-Fried's testimony.
Jury deliberations are set to begin in the New York trial of FTX founder Sam Bankman-Fried. The jury will have to consider if Bankman-Fried's statements on the stand contradict evidence presented by the prosecution. CBS News national correspondent Errol Barnett has the latest as attention turns to the jury.
FTX founder and former crypto-billionaire Sam Bankman-Fried was cross-examined by federal prosecutors Tuesday in his fraud and money laundering trial. CBS News' Errol Barnett, who was inside the courthouse, reports.
Sam Bankman-Fried was back on the witness stand at his trial Tuesday as prosecutors argued he moved to protect his assets while FTX, his cryptocurrency exchange company, tumbled. CBS News national correspondent Errol Barnett reports on Bankman-Fried's testimony.
Sam Bankman-Fried will take the stand Thursday as he defends himself in a trial against seven charges. A number of Bankman-Fried's colleagues have testified against him in cooperation with prosecutors. CBS News national correspondent Errol Barnett has a preview of Bankman-Fried's defense.
Sam Bankman-Fried's ex-girlfriend is back on the witness stand facing cross-examination from the disgraced FTX founder's lawyers. Caroline Ellison has repeatedly told jurors Bankman-Fried was the mastermind behind the crimes that led to the company's downfall. CBS News national correspondent Errol Barnett has the latest.
Israel airstrikes bombard Gaza overnight; FTX cryptocurrency fraud trial.
The Justice Department has released records from the Epstein files, the first documents to come to light under a new law signed by President Trump.
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
The Justice Department released thousands of new photos and records on Jeffrey Epstein on Friday, but at least 550 pages in the documents were fully redacted.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Some of the wounded were on a bus at the epicenter of the strike, Ukraine's Emergency Service said.
The motive for the attack in Bekkersdal, 25 miles southwest of Johannesburg, was not clear, police said.
Friends and colleagues of Rob Reiner sat down with CBS News to share personal anecdotes and fond memories of him following the news of his tragic death.
Saturday's jackpot has an estimated cash value of $686.5 million, Powerball said. It's the game's seventh-largest among U.S. lottery jackpots.
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
The suspect was killed, and the man who called law enforcement was also injured, officials said Saturday.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Tourists visiting the Trevi Fountain are now going to pay more than just the legendary coin toss over their shoulder.
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Nine drug manufacturers will offer their drugs to Medicaid recipients at most-favored-nation discounts in exchange for tariff exemptions.
A bankruptcy judge blocked an attempt by a nursing home chain's primary investor to shield himself from settlement payments and liability in lawsuits over allegations of poor care.
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
This week's guests include Reps. Ro Khanna and Thomas Massie, who led the push for Friday's release of the Epstein files.
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
Republican Rep. Elise Stefanik's decision to drop out came after President Trump signaled he would not make an endorsement in the race at this stage.
Brent Rasmussen had a massive stroke in 2023. Getting his "ho ho ho back" helped motivate his recovery.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
A memo from Dr. Vinay Prasad, the head of the FDA's Center for Biologics Evaluation and Research, may signal an effort to to rewrite the rules governing the U.S. vaccine system.
The proposals run counter to the recommendations of most major U.S. medical organizations.
Nationally, the measles case count is nearing 2,000 for a disease that has been considered eliminated in the U.S. since 2000, a result of routine childhood vaccinations.
The motive for the attack in Bekkersdal, 25 miles southwest of Johannesburg, was not clear, police said.
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
To what does LEGO owe its remarkable half-century success story? CBS News visits the toy giant's Denmark headquarters to find out.
Jordan confirmed that its air force took part in the U.S. air strikes "targeting several ISIS positions in southern Syria."
The consistory, as such gatherings are called, will be held Jan. 7-8, immediately following the Jan. 6 conclusion of the 2025 Holy Year.
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Corn Whiskey Christmas."
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Jolly Man."
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Holly Jolly Christmas."
Kate Winslet is one of Hollywood's most accalimed actors, and now she's testing her skills as a director with the new Christmas film "Goodbye June." She sat down with "CBS Saturday Morning" to discuss the challenges of the new role after so many years in front of the camera.
To what does LEGO owe its remarkable half-century success story? CBS News visits the toy giant's Denmark headquarters to find out.
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
People are starting to develop lasting connections with artificial technology. Melissa J. Perry, the dean of the College of Public Health at George Mason University, joins CBS News with more details.
TikTok has signed a deal to sell its U.S. operations to a group of investors in America, a source familiar with the deal tells CBS News. Jo Ling Kent has more.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Authorities are seeking motive after the man responsible for the deadly shooting at Brown University and the murder of an MIT professor was found dead in a New Hampshire storage unit on Thursday.
The Justice Department released a new batch of files related to convicted sex offender Jeffrey Epstein on Friday. Epstein survivor Sharlene Rochard joins with her reaction. Then, Spencer Kuvin, an attorney who represents some Epstein survivors, provides further analysis.
The Justice Department on Friday released a batch of files related to convicted sex offender Jeffrey Epstein. CBS News' Erica Brown and Katrina Kaufman report.
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
The manhunt for the suspect in Saturday's deadly shooting at Brown University is finally over. Police discovered 48-year-old Claudio Manuel Neves Valente dead in a New Hampshire storage unit on Thursday night. CBS News' Anna Schecter explains what led to the discovery.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Calling himself the "Son of Sam" in a letter left at one of the crime scenes, David Berkowitz claimed voices were ordering him to kill -- starting in the summer of 1976, he went on a 13-month spree of impulse killings in New York City that left six dead and seven injured
"48 Hours" Live to Tell: Two sisters who survive a deadly home invasion share their journey to hell and back.
The Southern Cross, a restored C-49 World War II-era plane, is used by a nonprofit group for a peaceful mission this holiday season, to provide a Santa-eye view of the Christmas lights in North Texas. The goal is to keep veteran history alive and air-worthy. Omar Villafranca explains.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
There's a growing recognition of a gap in the family leave laws of many states for those that suffer pregnancy loss. As Nikki Battiste reports, some lawmakers and advocates are pushing for more protections for grieving families.
Holiday shopping is in high gear, with the National Retail Federation predicting a record 159 million shoppers on what it calls "Super Saturday," with nearly a third buying gifts in stores. However, consumer sentiment is down as many Americans are concerned about their economic future. Nicole Valdes explains.