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.
President Trump was safely evacuated from the White House Correspondents' Dinner after shots were fired outside the ballroom of the Washington Hilton.
President Trump was evacuated from the White House Correspondents' Dinner after shots rang out at the hotel where the event was taking place.
U.S. envoys Steve Witkoff and Jared Kushner were expected to head to Islamabad Saturday, but President Trump said later that his "representatives" would not be going.
Britain's King Charles will be visiting the U.S. starting on Monday to mark America's 250th anniversary – his first trip since his coronation nearly three years ago.
A 26-year-old man is facing two counts of first-degree murder in the deaths of Zamil Limon and Nahida Bristy, according to authorities.
DHS has faced opposition from cities and states where the federal government plans to open mass detention facilities.
Two Chicago police officers were shot inside Swedish Hospital in Chicago's Lincoln Square neighborhood on Saturday morning. One has since died.
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
After more than 40 years and three wrongful convictions, authorities says they have the man responsible for the 1984 Long Island killing of 16-year-old Theresa Fusco, who vanished after leaving her job at a local roller rink.
President Trump was safely evacuated from the White House Correspondents' Dinner Saturday night after shots were fired outside the ballroom of the Washington Hilton Hotel.
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
DHS has faced opposition from cities and states where the federal government plans to open mass detention facilities.
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
The waiver lets international ships carry goods between U.S. ports and is aimed at lowering energy prices.
Consumers allege that Trader Joe's improperly advertised a coffee product as fully caffeinated when it was not.
The conflict is expected to crimp global natural gas supplies due to damage to liquefied natural gas facilities in Qatar.
President Trump was evacuated from the White House Correspondents' Dinner after shots rang out at the hotel where the event was taking place.
President Trump was safely evacuated from the White House Correspondents' Dinner Saturday night after shots were fired outside the ballroom of the Washington Hilton Hotel.
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
DHS has faced opposition from cities and states where the federal government plans to open mass detention facilities.
The Republican president did not attend during his first term or the first year of his second.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
President Trump cited wasted time and confusion over leadership, adding, "we have all the cards."
Britain's King Charles will be visiting the U.S. starting on Monday to mark America's 250th anniversary – his first trip since his coronation nearly three years ago.
Mali has been plagued by insurgencies fought by affiliates of al Qaeda and the Islamic State group.
U.S. Southern Command shared a video showing a boat floating in the water before an explosion left it in flames.
Frankie Grande sits down with "CBS Saturday Morning" to discuss his starring role in Broadway's latest hit show "Titaníque," after originating the part in the show's Off-Broadway run.
Darla Moore is a billionaire from Lake City, South Carolina, who saw an opportunity to revitalize her small hometown with ArtFields, a festival that transforms the town into a hub for Southern art and history.
Tony-nominated Broadway actor Derek Klena sits down with "CBS Saturday Morning" to discuss his latest venture as a performer and player for the Savannah Bananas baseball team.
Grammy-nominated folk duo The Milk Carton Kids are out with their 7th studio album, "Lost Cause Lover Fool." Here they are performing "A Friend Like You."
Grammy-nominated folk duo The Milk Carton Kids are out with their 7th studio album, "Lost Cause Lover Fool." Here they are performing "A Friend Like You."
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul reports.
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.
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Some young people are opting to go phone-free to live in the moment. USA Today youth mental health reporter Rachel Hale went to an underground, phone-free party in New York City and wrote about her experience. She tells "The Daily Report" about it.
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
President Trump took questions Saturday night after a shooting broke out at the White House Correspondents' Association Dinner. A 31-year-old suspect is in custody. CBS News' Carissa Lawson and Tony Dokoupil anchored this special report.
The White House Correspondents' Dinner, with President Trump in attendance, ended in a shooting on Saturday. Officials identified the suspect as 31-year-old Cole Allen of Torrance, California. CBS News' Nancy Cordes and Sam Vinograd have more.
CBS News' Ed O'Keefe speaks with Weijia Jiang, the president of the White House Correspondents' Association, about her experience during Saturday night's shooting.
U.S. Attorney for the District of Columbia Jeanine Pirro announced charges for the suspect in the White House Correspondents' Dinner shooting on Saturday.
President Trump took questions from the press, some of whom were also in attendance, at the White House Correspondents' Dinner during the shooting.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
President Trump took questions Saturday night after a shooting broke out at the White House Correspondents' Association Dinner. A 31-year-old suspect is in custody. CBS News' Carissa Lawson and Tony Dokoupil anchored this special report.
The White House Correspondents' Dinner, with President Trump in attendance, ended in a shooting on Saturday. Officials identified the suspect as 31-year-old Cole Allen of Torrance, California. CBS News' Nancy Cordes and Sam Vinograd have more.
CBS News' Ed O'Keefe speaks with Weijia Jiang, the president of the White House Correspondents' Association, about her experience during Saturday night's shooting.
U.S. Attorney for the District of Columbia Jeanine Pirro announced charges for the suspect in the White House Correspondents' Dinner shooting on Saturday.
The suspect in Saturday night's White House Correspondents Dinner shooting is in custody and is hospitalized, officials said. He has been identified as 30-year-old Cole Allen of Torrance California, three sources told CBS News. Tony Dokoupil anchors CBS News' special report.