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 said the U.S. has been successful in diminishing the Iranian military and regime, and will continue to expand its targets inside Iran.
In a phone interview with CBS News, President Trump dismissed threats from Iran's top national-security official, who posted on social media that Mr. Trump must "pay the price" for the strikes on Iran.
President Trump on Saturday told reporters, without citing evidence, that he believes a deadly strike on a girls' primary school in southern Iran last weekend was "done by Iran."
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Severe storms were sweeping across the central U.S., and forecasters warned tornadoes could turn dangerous across several states.
Workers installed a plaque honoring police officers in the early morning hours, three years after it was required by law to be erected.
A federal judge ruled Saturday that Kari Lake did not have legal authority to take the actions she's done to largely dismantle the Voice of America.
New York City police said suspicious devices were ignited Saturday during clashing protests outside Gracie Mansion, the official residence of Mayor Zohran Mamdani on Manhattan's Upper East Side.
Norwegian police reported on Sunday an explosion near the U.S. Embassy in the capital Oslo, but said there were no casualties.
A federal judge ruled Saturday that Kari Lake did not have legal authority to take the actions she's done to largely dismantle the Voice of America.
Mindi Kassotis' friends and family were told the wife of a decorated former Navy JAG officer had died unexpectedly in a hospital. Imagine their surprise months later when the remains of a woman, found dismembered in a swamp near Savannah, Georgia, were identified as Mindi's.
Norwegian police reported on Sunday an explosion near the U.S. Embassy in the capital Oslo, but said there were no casualties.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
The maker of the Claude chatbot says its research could help identify economic disruptions by measuring how AI is currently reshaping work.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
A federal judge ruled Saturday that Kari Lake did not have legal authority to take the actions she's done to largely dismantle the Voice of America.
In a phone interview with CBS News, President Trump dismissed threats from Iran's top national-security official, who posted on social media that Mr. Trump must "pay the price" for the strikes on Iran.
President Trump on Saturday told reporters, without citing evidence, that he believes a deadly strike on a girls' primary school in southern Iran last weekend was "done by Iran."
Workers installed a plaque honoring police officers in the early morning hours, three years after it was required by law to be erected.
The White House called the gathering of Latin American leaders the "Shield of the Americas" summit.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
In a phone interview with CBS News, President Trump dismissed threats from Iran's top national-security official, who posted on social media that Mr. Trump must "pay the price" for the strikes on Iran.
Norwegian police reported on Sunday an explosion near the U.S. Embassy in the capital Oslo, but said there were no casualties.
President Trump on Saturday told reporters, without citing evidence, that he believes a deadly strike on a girls' primary school in southern Iran last weekend was "done by Iran."
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Oksana Masters has competed at every Paralympics since 2012 and is the most decorated American Winter Paralympian.
The "CBS Sunday Morning" correspondent's latest book examines how, in its first half-century, the company founded by Steve Wozniak and Steve Jobs remade the culture – and then, incredibly, remade itself.
"CBS Saturday Morning" sits down with Morgan Neville, the director of "Man on the Run," a documentary about the life of Paul McCartney after the Beatles broke up.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "Roses Fade" with Devon Gilfillian.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "All Night, Alright" with Taylor Hanson.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "Blame It On the Moon" with Devon Gilfillian.
The "CBS Sunday Morning" correspondent's latest book examines how, in its first half-century, the company founded by Steve Wozniak and Steve Jobs remade the culture – and then, incredibly, remade itself.
Artificial intelligence promised to lighten the workload while increasing productivity. But as more people are using AI for work, a new study published in Harvard Business Review finds AI overuse could cause "brain fry." CBS News correspondent Lana Zak spoke with the study's lead author to unpack the findings.
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 most recent government data shows nearly 28% of Americans live alone. The number has risen for decades, especially for older generations. Ash-har Quraishi shows simple tools that can provide extra security and protection for your aging loved ones.
The CEO of Anthropic is apologizing for a leaked internal memo amid a feud with the Pentagon over its AI model. The memo criticized the Trump administration and OpenAI. It comes after the Defense Department declared Anthropic a supply chain risk or a possible security risk.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Mindi Kassotis' friends and family were told the wife of a decorated former Navy JAG officer had died unexpectedly in a hospital. Imagine their surprise months later when the remains of a woman, found dismembered in a swamp near Savannah, Georgia, were identified as Mindi's.
At least five people are in serious condition, an official said. Three minors - a 16-year-old and two 17-year-olds - are among the wounded.
Ian Huntley, 52, had been on life support after being hit repeatedly over the head with a metal bar in a U.K. prison on Feb. 26.
A manhunt for a triple murder suspect in Utah ended Thursday when Ivan Miller, 22, was arrested in Colorado. Here's what to know about the investigation.
The gunman who carried out the mass shooting last weekend in Austin, Texas, assaulted a woman three months earlier at a Tesla facility, according to a lawsuit filed Thursday in Texas.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
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.
A woman's body is found in a swamp, murdered. Impossible, say friends, who learned she'd died in a hospital five months earlier. "48 Hours" correspondent Erin Moriarty reports.
The American Freedom Train steamed across the country to mark the nation's bicentennial 50 years ago. Natalie Brand reports that this year, marking the 250th anniversary, the train is now a plane.
A plaque honoring police and law enforcement who defended the U.S. Capitol on Jan. 6, 2021, has been installed after years of delays.
China buys nearly all of Iran's sanctioned oil, and due to the U.S. and Israeli-led conflict there, the supply line has been severely disrupted. Anna Coren has more from Beijing.
Massive cleanup efforts are underway after a series of deadly storms ripped through the South and Midwest, killing at least six people. Omar Villafranca reports from hard-hit Beggs, Oklahoma.