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.
FTX
FTX founder Sam Bankman-Fried appeals fraud conviction
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.
Michael Lewis on new book
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 it plans to pay back most customers
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 apologizes at sentencing
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.
Sam Bankman-Fried sentenced to 25 years
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.
Sam Bankman-Fried sentenced to 25 years
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.
FTX co-founder Sam Bankman-Fried sentenced to 25 years in prison
Former billionaire Sam Bankman-Fried was convicted for orchestrating a massive financial fraud that led to downfall of crypto trading platform FTX.
Feds say they won't bring second trial against Sam Bankman-Fried
Prosecutors wrote in a letter that evidence presented at a second trial would duplicate evidence already shown to the jury in the first trial.
AI, Elon Musk and 2023's biggest tech stories
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.
Biggest financial stories heading into 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.
Sam Bankman-Fried's stunning fall from grace
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.
Bankman-Fried trial jury finds him guilty
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.
Bankman-Fried's possible prison sentence
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.
Sam Bankman-Fried guilty in FTX fraud case
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.
Sam Bankman-Fried found guilty in FTX crypto fraud case
The former billionaire cryptocurrency mogul faces a potential prison term of more than a century following his conviction.
Sam Bankman-Fried found guilty in FTX case
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.
Jury deliberating in Bankman-Fried trial
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.
SBF's trial reaches closing arguments
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.
Sam Bankman-Fried cross-examined at his trial
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 back on witness stand
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.
FTX founder Sam Bankman-Fried takes the stand
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.
Ex says SBF bribed Chinese officials
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.
Sam Bankman-Fried's ex-girlfriend testifies
Caroline Ellison, Sam Bankman-Fried's ex-girlfriend, is back on the witness stand Wednesday in the FTX founder's fraud trial. Ellison previously pleaded guilty to multiple charges and agreed to cooperate with the prosecution. CBS News national correspondent Errol Barnett is at the courthouse and has the latest on Ellison's testimony.
10/11: CBS News Mornings
Israel airstrikes bombard Gaza overnight; FTX cryptocurrency fraud trial.
Supreme Court temporarily blocks new deportations under Alien Enemies Act
In a brief order, the court directed the Trump administration not to remove Venezuelans held in Texas' Bluebonnet Detention Center "until further order from this court."
Russia's Putin declares temporary Easter ceasefire in Ukraine
The temporary truce will be between 6 p.m. local time on Saturday and midnight on Monday, Russian President Vladimir Putin said.
What we know about the victims of the FSU mass shooting
Two people were killed and six others were hospitalized after a Thursday shooting at Florida State University.
2 Pentagon officials fired amid sweeping leak investigation
Two Pentagon officials were terminated Friday after they were suspended earlier this week, escalating a week of turmoil at the Department of Defense.
U.S. and Iran hold second negotiations over Tehran's nuclear program
That the talks are even happening represents a historic moment, given the decades of enmity between the two countries since the 1979 Islamic Revolution and the U.S. Embassy hostage crisis.
Israeli strikes on Gaza killed more than 90 in 48 hours, health ministry says
The dead include 15 people who were killed overnight, among them women and children.
Judge blocks Trump admin. from making changes to passport gender markers
In its lawsuit, the ACLU described how one woman had her passport returned with a male designation while others are too scared to submit their passports because they fear their applications might be suspended and their passports held by the State Department.
RFK assassination files released by Trump admin. Here's what they say.
A tranche of records on Robert F. Kennedy's 1968 killing are being unsealed at the urging of the senator's son, HHS Secretary Robert F. Kennedy Jr.
Man accused of being MS-13 leader opposes DOJ dropping charges
The government is seeking to drop charges against Henrry Villatoro Santos, who was accused of being an MS-13 leader — but his attorneys want the charges to stay in place.
U.S.
More U.S.
Judge to allow "bushy eyebrows" testimony in Bryan Kohberger trial
Kohberger, 30, is charged with murder in the stabbing deaths of Ethan Chapin, Xana Kernodle, Madison Mogen and Kaylee Goncalves at a rental home in Idaho near campus.
Supreme Court temporarily blocks new deportations under Alien Enemies Act
In a brief order, the court directed the Trump administration not to remove Venezuelans held in Texas' Bluebonnet Detention Center "until further order from this court."
Remembering the Oklahoma City bombing victims, 30 years later
The Oklahoma City bombing on April 19, 1995, is still the deadliest example of domestic terrorism in United States history.
Judge blocks Trump admin. from making changes to passport gender markers
In its lawsuit, the ACLU described how one woman had her passport returned with a male designation while others are too scared to submit their passports because they fear their applications might be suspended and their passports held by the State Department.
Student has visa revoked just days after getting new job, work permit
After graduating in Boston, an international student was hired as a quantitative analyst and even received his work permit days ago. Then, an email changed everything.
MoneyWatch
More MoneyWatch
Trump is studying how to remove Fed Chair Powell, adviser says
Trump administration economist Kevin Hassett said Powell's removal is being studied by the president and his team.
Here's the magic number Americans say they need for retirement
Americans have big financial goals for what they think they'll need for a comfortable retirement, a new survey finds.
Ford says it could raise prices this summer if tariffs remain in effect
Ford's vehicle prices could rise this summer if 25% auto tariffs remain in place, the company said in a memo to dealers.
About 429,200 wireless phone chargers recalled over fire hazard
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Dollar's decline raises worries investors are losing trust in the U.S.
Since mid-January, the dollar has fallen 9% against a basket of currencies, a rare and steep decline.
Politics
More Politics
U.S. and Iran hold second negotiations over Tehran's nuclear program
That the talks are even happening represents a historic moment, given the decades of enmity between the two countries since the 1979 Islamic Revolution and the U.S. Embassy hostage crisis.
Supreme Court temporarily blocks new deportations under Alien Enemies Act
In a brief order, the court directed the Trump administration not to remove Venezuelans held in Texas' Bluebonnet Detention Center "until further order from this court."
Judge blocks Trump admin. from making changes to passport gender markers
In its lawsuit, the ACLU described how one woman had her passport returned with a male designation while others are too scared to submit their passports because they fear their applications might be suspended and their passports held by the State Department.
Student has visa revoked just days after getting new job, work permit
After graduating in Boston, an international student was hired as a quantitative analyst and even received his work permit days ago. Then, an email changed everything.
2 Pentagon officials fired amid sweeping leak investigation
Two Pentagon officials were terminated Friday after they were suspended earlier this week, escalating a week of turmoil at the Department of Defense.
HealthWatch
More HealthWatch
Her sore throat turned into a month-long ICU stay. Doctors were stumped.
Vanessa Abraham thought her symptoms were a bad flu — until she collapsed to the floor struggling to breathe.
Trump administration replaces COVID websites
The Trump administration has moved to replace websites that previously offered health information and access to COVID tests and treatment.
About 429,200 wireless phone chargers recalled over fire hazard
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Obesity doctor touts new weight loss drug
There may soon be a new medication option for losing weight. Eli Lilly's experimental pill appears to work as well as the injected drug Ozempic to lower the weight of diabetes patients. Dr. Jon LaPook has more.
CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
World
More World
Gunmen disguised as soldiers kill 12 spectators at cockfight
Footage of the shooting, circulated on social media, showed spectators flinging themselves to the ground and taking cover under their seats.
Russia's Putin declares temporary Easter ceasefire in Ukraine
The temporary truce will be between 6 p.m. local time on Saturday and midnight on Monday, Russian President Vladimir Putin said.
Documentary tells the stories of young survivors of Hamas terror attack
Young survivors shared their stories of surviving Hamas' terror attack in "The Children of October 7," soon streaming on Paramount+.
U.S. and Iran hold second negotiations over Tehran's nuclear program
That the talks are even happening represents a historic moment, given the decades of enmity between the two countries since the 1979 Islamic Revolution and the U.S. Embassy hostage crisis.
Israeli strikes on Gaza killed more than 90 in 48 hours, health ministry says
The dead include 15 people who were killed overnight, among them women and children.
Entertainment
More Entertainment
Documentary tells the stories of young survivors of Hamas terror attack
Young survivors shared their stories of surviving Hamas' terror attack in "The Children of October 7," soon streaming on Paramount+.
Sir Woman performs "Making Love"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Making Love."
Sir Woman performs "Circles"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Circles."
Sir Woman performs "Highroad"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Highroad."
How to watch WrestleMania 41 and more key details on the 2025 WWE matches
The WWE's 41st WrestleMania event is finally here. Here's how to watch all the action on night 1 and night 2.
Technology
More Technology
Fake job seekers are flooding the market, thanks to AI
Companies say fake job seekers are using artificial intelligence to get remote jobs, often in an attempt to steal insider secrets.
Scientist on reviving extinct dire wolves
Biotech company Colossal Bioscience has made headlines for saying it brought the dire wolf species back from extinction. CBS News' Lindsey Reiser spoke with the company's chief science officer, Beth Shapiro, who broke down the science and motivations behind the project.
How AI powered robots are helping small farms
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.
About 429,200 wireless phone chargers recalled over fire hazard
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Judge: Google is online advertising monopoly
A federal judge ruled Thursday that Google is a monopolist in markets for online advertising technology. CBS News' Kelly O'Grady has the details.
Science
More Science
NASA spacecraft to zoom past asteroid this weekend at 30,000 mph
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Breaking down the return of dire wolves
Colossal Biosciences says it successfully gene-edited gray wolves to carry traits of the extinct dire wolf. Founder and CEO Ben Lamm and Chief Science Officer Beth Shapiro discuss the research and rising controversy.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Can climate change really create zombie fungi, like in "The Last of Us"?
As the HBO series "The Last of Us" returns, fans wonder: How much of the chilling storyline about a fungal zombie pandemic is rooted in reality?
NOAA could face 25% budget cut, slashing climate research, in draft proposal
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
Crime
More Crime
Judge to allow "bushy eyebrows" testimony in Bryan Kohberger trial
Kohberger, 30, is charged with murder in the stabbing deaths of Ethan Chapin, Xana Kernodle, Madison Mogen and Kaylee Goncalves at a rental home in Idaho near campus.
Gunmen disguised as soldiers kill 12 spectators at cockfight
Footage of the shooting, circulated on social media, showed spectators flinging themselves to the ground and taking cover under their seats.
FSU shooting victim speaks out from hospital
Tallahassee police said there was no connection between the Florida State University shooting suspect, 20-year-old Phoenix Ikner, and the victims. CBS News' Kati Weis and Anna Schecter have more details.
FSU student shares his experience following deadly shooting
Florida State University classes were cancelled Friday following Thursday's deadly shooting, as authorities continue to investigate the incident. Philip Allison, an FSU student who works at the student union, joins "The Daily Report" to recount the active shooter situation.
Witness, 11, points to father's suspected killer: Sister's forbidden boyfriend
In an exclusive interview, with "48 Hours," Sierra Friar recalls the day her sister and father vanished.
Space
More Space
NASA spacecraft to zoom past asteroid this weekend at 30,000 mph
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Astronomer on new evidence pointing to life
Astronomers say they have discovered "the strongest evidence yet" of life on a distant planet, although, they stress that more research is needed. Chief astronomer and planetarium director of the Franklin Institute Derrick Pitts joins "The Daily Report" to discuss.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Gayle King on how space flight changed her
A day after her flight to space, Gayle King speaks with "CBS Evening News" co-anchor Maurice DuBois about how the trip has changed her.
Aisha Bowe and Amanda Nguyen reflect on life-changing Blue Origin spaceflight
Aisha Bowe and Amanda Nguyen talk to "CBS Mornings" about how the Blue Origin spaceflight changed them for the better.
Latest Galleries
More Latest Galleries
"Hands Off!": Americans across country protest Trump, Musk
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Husband pieces together wife's last movements to find out how she was killed
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
A new spin on a centuries-old tradition
For more than a thousand years, Christian pilgrims and those seeking self-reflection have embarked on the Camino de Santiago, a network of hiking routes through France, Portugal and Spain that all meet in the Spanish city of Santiago de Compostela. The ancient tradition is finding new life in the 21st century.
Sir Woman performs "Making Love"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Making Love."
Creator talks "The Children of October 7"
One in six children worldwide live in a conflict zone, according to the United Nations. A social media influencer turned filmmaker was drawn to those children more than a year after Hamas' Oct. 7 terror attack on Israel. Montana Tucker talks about the making of "The Children of October 7" a new MTV documentary on Paramount Plus.
Sir Woman performs "Circles"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Circles."
Sir Woman performs "Highroad"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Highroad."