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.
Watch CBS News
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 gave a primetime address on elections tonight, as he remains focused on the 2020 race.
Since the beginning of his second administration, the government has cut thousands of workers who were tasked with ensuring secure elections in the U.S.
The State Department is cracking down on universities accepting funding from foreign entities on U S. government watch lists.
Iran said it would attack "all infrastructure in the region" if President Trump follows through on his threats to attack Iranian civilian infrastructure.
A lettuce supplier to fast-food giant Taco Bell is being investigated as a possible source for a nationwide cyclosporiasis outbreak that has sickened thousands of people.
Heavy smoke from several large wildfires blazing in Canada and Minnesota is engulfing large swaths of the Midwest and Northeast U.S. this week.
More than a foot of rain has fallen since Monday, triggering dangerous flash flooding in Central Texas.
A family of five from Spain, including three children, and the pilot died in the April 2025 crash.
Doctors raised a range of concerns about a testosterone screening policy announced by Defense Secretary Pete Hegseth, which is likely to be costly to implement.
Acting Attorney General Todd Blanche met with accusers of Jeffrey Epstein following a demand to do so by a Republican senator whose support is crucial to advancing his nomination to lead the Justice Department.
Dozens of beluga whales are set to be relocated from the shuttered Canadian theme park to aquariums across the United States through an international emergency rescue effort, officials said.
Since the beginning of his second administration, the government has cut thousands of workers who were tasked with ensuring secure elections in the U.S.
A lettuce supplier to fast-food giant Taco Bell is being investigated as a possible source for a nationwide cyclosporiasis outbreak that has sickened thousands of people.
The State Department is cracking down on universities accepting funding from foreign entities on U S. government watch lists.
"Markets already move on Truth Social posts," the company's chief executive said in the Truth API announcement.
Adjusting to permanent daylight saving time would cause significant disruptions to schedules and operations, an airline trade group said.
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
The recall includes cases of Pillsbury "Hard Roll Dough" and "Kaiser Roll Dough" bread rolls, which are marketed to businesses.
The state with the biggest jump in foreclosure activity was Idaho, where filings increased 59% compared to the same time last year.
Acting Attorney General Todd Blanche met with accusers of Jeffrey Epstein following a demand to do so by a Republican senator whose support is crucial to advancing his nomination to lead the Justice Department.
Since the beginning of his second administration, the government has cut thousands of workers who were tasked with ensuring secure elections in the U.S.
President Trump gave a primetime address on elections tonight, as he remains focused on the 2020 race.
The State Department is cracking down on universities accepting funding from foreign entities on U S. government watch lists.
"Markets already move on Truth Social posts," the company's chief executive said in the Truth API announcement.
The FDA has approved a new daily cholesterol pill that works differently from popular statins and may deliver better results for some people. Dr. Corey Bradley, a cardiologist at Columbia University's Irving Medical Center, joins "CBS Evening News" to discuss.
The FDA has identified Taylor Farms as the likely source of lettuce contaminated with the parasite behind cyclosporiasis, as the outbreak grows. Mark Strassmann reports.
A lettuce supplier to fast-food giant Taco Bell is being investigated as a possible source for a nationwide cyclosporiasis outbreak that has sickened thousands of people.
Doctors raised a range of concerns about a testosterone screening policy announced by Defense Secretary Pete Hegseth, which is likely to be costly to implement.
"Healthful with Norah O'Donnell" launches July 22.
Dozens of beluga whales are set to be relocated from the shuttered Canadian theme park to aquariums across the United States through an international emergency rescue effort, officials said.
The Juárez Cartel and Los Viagras joined six other Mexican criminal organizations that the U.S. considers terrorist groups.
One climatologist said "a perfect storm" of climate extremes primed the western U.S. for one of its worst fire seasons in a decade. Meanwhile, Canadian wildfire smoke fills the air.
Maria de Jesus Quijada was shot at while traveling in a vehicle with her family. Her husband did not survive.
Spain is looking to secure a World Cup victory for the first time in 16 years, and Argentina enters Sunday hoping to become back-to-back champions.
Pulitzer Prize-winning cartoonist Pat Oliphant, whose acidic drawings skewering political figures were syndicated in as many as 500 publications around the world, died on July 13, 2026 at age 90. In this April 16, 2000 "Sunday Morning" story, Oliphant talked with Morley Safer about caricature, censorship, and the influence of the first great political cartoonist, 19th century French master Honoré Daumier, whose grotesque drawings of King Louis Philippe led to a curtailment of press freedom in France in 1835.
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
Author and journalist Stephen Dubner, who rose to fame when he co-wrote The New York Times bestseller "Freakonomics," talks with "CBS Mornings" about launching his own weekly talk show on YouTube, "Better in Person." Dubner discusses how the show got its start, his wide range of guests and why he decided to self-finance it.
The Paramount+ documentary "The Real Wolf of Wall Street" gives an inside look at Jordan Belfort's scandal-ridden firm, Stratton Oakmont.
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
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.
Residents of Southaven, Mississippi, are sounding off about a data center plant powering Elon Musk's xAI data centers in the area, likening the constant noise to being tortured.
Meta announced it is introducing new features to help protect teens using Instagram, Facebook and WhatsApp, including alerting a parent if their child discusses self-harm with one of its AI chatbots. Kelly O'Grady explains.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
The Defense Department released a fourth batch of UFO files on Friday, nearly one month after its third drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The Juárez Cartel and Los Viagras joined six other Mexican criminal organizations that the U.S. considers terrorist groups.
Antioch, Illinois, mother Jennifer Bos voiced her support for Todd Blanche at his confirmation hearing to become attorney general. Bos advocates for stricter immigration policy after her daughter was allegedly murdered by an illegal immigrant.
Ronaldo Salgado and Lorenzo Salgado Jr., the sons of the Mexican man who was shot and killed by an ICE agent in Houston, spoke to CBS News' Camilo Montoya-Galvez about their father's death.
Newly obtained GPS data from the Mississippi Department of Marine Resources tracks the movements of the boat that Mississippi teen Nolan Wells was on before he went missing. Wells was found dead after a Fourth of July boat trip to Horn Island with friends. CBS News' Anna Schecter has the latest on the investigation.
Maria de Jesus Quijada was shot at while traveling in a vehicle with her family. Her husband did not survive.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
This week, a federal judge slammed President Trump, his lawyers, and the Justice Department over the president's lawsuit against the Internal Revenue Service. CBS News legal contributor Jessica Levinson has more details and analysis.
Heavy smoke from wildfires in Canada and Minnesota is engulfing parts of the U.S., prompting air quality alerts in 18 states. These videos show the hazy conditions on the ground in several cities.
The FDA has approved a new daily cholesterol pill that works differently from popular statins and may deliver better results for some people. Dr. Corey Bradley, a cardiologist at Columbia University's Irving Medical Center, joins "CBS Evening News" to discuss.
Acting Attorney General Todd Blanche told senators at his confirmation hearing that the Justice Department will investigate any new leads related to convicted sex offender Jeffrey Epstein. New Mexico Attorney General Raúl Torrez accuses Blanche of stonewalling a live Epstein investigation right now, and he joins "The Takeout" to discuss.
15 months after a sightseeing helicopter broke up in the air and crashed in New York City's Hudson River, investigators revealed what they believe brought down the chopper, killing the pilot and a family of five. Kris Van Cleave reports.