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 can release investigative materials from a sex trafficking case against Ghislaine Maxwell, the longtime confidant of Jeffrey Epstein, a federal judge said.
One person is dead and another was critically wounded in a shooting at Kentucky State University, officials said Tuesday.
Majority Leader John Thune announced that the Senate will vote on a Republican-led measure alongside a Democratic bill to extend expiring tax credits.
President Trump is speaking about affordability and his economic agenda in the Poconos, in northeastern Pennsylvania, Tuesday night.
Congress has enacted limits on how much money a political committee can spend in coordination with a federal candidate.
President Trump intends to name the deputy homeland security secretary to be the U.S. ambassador to El Salvador, multiple sources told CBS News.
Zelenskyy's remarks suggest he will not bend to pressure from Russian President Vladimir Putin or President Trump.
Roderick Macleod, 70, was walking his dogs when he was allegedly struck by a driver with dozens of prior arrests.
The author and philanthropist MacKenzie Scott revealed $7.1 billion in donations to nonprofits in 2025 Tuesday, marking a significant increase in her annual giving from recent years.
Fundraising patterns reflect Americans' mounting affordability challenges, according to GoFundMe CEO Tim Cadogan.
The author and philanthropist MacKenzie Scott revealed $7.1 billion in donations to nonprofits in 2025 Tuesday, marking a significant increase in her annual giving from recent years.
President Trump intends to name the deputy homeland security secretary to be the U.S. ambassador to El Salvador, multiple sources told CBS News.
One person is dead and another was critically wounded in a shooting at Kentucky State University, officials said Tuesday.
Congress has enacted limits on how much money a political committee can spend in coordination with a federal candidate.
Fundraising patterns reflect Americans' mounting affordability challenges, according to GoFundMe CEO Tim Cadogan.
The author and philanthropist MacKenzie Scott revealed $7.1 billion in donations to nonprofits in 2025 Tuesday, marking a significant increase in her annual giving from recent years.
Beating back inflation is only half the battle in lowering the cost of living — you also have to think about people's pay, economists argue.
President Trump is speaking about affordability and his economic agenda in the Poconos, in northeastern Pennsylvania, Tuesday night.
Shoppers may be unaware they're paying as much as 23% more than others for the same grocery items on Instacart, a new analysis says.
President Trump intends to name the deputy homeland security secretary to be the U.S. ambassador to El Salvador, multiple sources told CBS News.
Congress has enacted limits on how much money a political committee can spend in coordination with a federal candidate.
Majority Leader John Thune announced that the Senate will vote on a Republican-led measure alongside a Democratic bill to extend expiring tax credits.
President Trump is speaking about affordability and his economic agenda in the Poconos, in northeastern Pennsylvania, Tuesday night.
A producer for "The Charlie Kirk Show" podcast said there had been false claims about the finances of Turning Point USA.
CBS News chief medical correspondent Dr. Jon LaPook speaks at length with former CDC director Dr. Rochelle Walensky about the hepatitis B vaccine and last week's vote by the CDC's vaccine advisory panel to change the recommendation for when children should get their first dose of the vaccine.
Genesis HealthCare's bankruptcy case in Dallas will allow the nursing home chain to avoid paying millions of dollars it promised for residents who were injured or died while in its care.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
The Centers for Disease Control and Prevention's vaccine advisory panel on Friday voted to not recommend the Hepatitis B vaccine for everyone at birth, alarming many in the medical community. CBS News medical contributor Dr. Celine Gounder explains what to know about the decision and its potential impact.
The Trump administration's elevation of Dr. Tracy Beth Høeg to lead a high-profile office within the Food and Drug Administration is raising alarm among multiple senior FDA officials.
At least three oil tankers have been hit by explosions in what appears to be a stepped up unilateral effort by Ukraine to sink Russia's sanctions-dodging oil sales.
Some Danes say they are worried about security because of what they see as the growing threat from Russia and concerns over the reliability of the Trump White House as an ally.
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
Officials said the megaquake advisory is not a prediction and the probability of a magnitude 8 or larger quake is only about 1%, but there's hope it will serve as a wake-up call.
Zelenskyy's remarks suggest he will not bend to pressure from Russian President Vladimir Putin or President Trump.
Lucas Bravo, who stars as Gabriel in "Emily in Paris," talks about the new season of the show, what he loves about his character and working with Lily Collins. Plus, he discusses playing a villain role in the series, "The Seduction."
Hollywood's awards season is underway with Golden Globe nominations announced on Monday. "One Battle After Another" was a financial flop at the box office, but it earned the most nominations. There were also a handful of first-time nominees and some surprising snubs.
Tom Kenny, the voice of SpongeBob, and Mark Hamill, the voice of the Flying Dutchman, speak with "CBS Mornings" about their new film, "The SpongeBob Movie: Search for SquarePants" and marking 26 years since the first episode aired.
Paramount Skydance has announced a hostile takeover bid for Warner Bros. Discovery after Netflix reached a deal last week to buy part of the company. The Paramount Skydance offer to purchase the entire company was presented directly to Warner Bros. shareholders. CBS News MoneyWatch correspondent Kelly O'Grady explains.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
At least six American families are suing Character.AI, its co-founders and Google over the role its chatbot allegedly played in encouraging their children to take their own lives. Ian Krietzberg, AI correspondent for Puck News, joined CBS News to discuss.
Waymo, the ride-hailing service, says it is planning a voluntary software recall to fix a glitch after reports its self-driving cars don't stop for school buses. The company has already tried to fix the issue, but police in Texas said it didn't work. Kris Van Cleave 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.
Who dresses as St. Nick and speaks an odd brogue? Why, it's Techno Claus, a.k.a. David Pogue! He offers "Sunday Morning" viewers his valuable tips for the gadget lovers on your gift-giving list.
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. What might that mean for the media industry?
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
For the first time, the public is seeing body camera footage from Luigi Mangione's arrest. It was released on Tuesday during the pre-trial hearing for the man accused of killing UnitedHealthcare CEO Brian Thompson last year. CBS News legal reporter Katrina Kaufman has more.
Police say one person was killed and another was injured at Kentucky State University in Frankfort. CBS News correspondent Tom Hanson reports.
The public is getting a new look at the man the FBI director called a "modern day iteration of Pablo Escobar," former skier and snowboarder Ryan Wedding. CBS News' Tom Hanson has the latest on the search.
Luigi Mangione appeared at a court hearing on Tuesday, one year to the day since he was arrested on suspicion of gunning down UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman has the details.
A federal judge said that the Justice Department can release grand jury documents related to Ghislaine Maxwell's 2021 sex trafficking case. CBS News justice reporter Jake Rosen has more on what to expect.
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
Russian Soyuz crews are now spending eight months aboard the space station instead of six to stretch supplies and lower costs.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, 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.
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 retrospective look at the actor, director, producer, and founder of the Sundance Institute.
For the first time, the public is seeing body camera footage from Luigi Mangione's arrest. It was released on Tuesday during the pre-trial hearing for the man accused of killing UnitedHealthcare CEO Brian Thompson last year. CBS News legal reporter Katrina Kaufman has more.
Homeownership feels increasingly out of reach for many American families. A new study found that more than 75% of homes across the U.S. are unaffordable for the average household. CBS News MoneyWatch reporter Megan Cerullo has more.
The Supreme Court heard arguments on Tuesday in a campaign finance case that could undo more than two decades of precedent. The case was brought by a Republican challenge to a rule that limits the amount of money a political party can spend in coordination with a federal election candidate. CBS News' Jan Crawford and Jessica Levinson explain more.
President Trump has told Politico that Nicolas Maduro's "days are numbered" in Venezuela. Political strategists Kevin Sheridan and Hyma Moore join with analysis.
The Senate is expected to vote on Thursday on a Democratic proposal to extend Affordable Care Act Subsidies. The Democratic plan is not expected to pass, but Republicans acknowledged this is a critical issue for voters and are expected to put out their own health care plan. CBS News congressional correspondent Caitlin Huey-Burns reports.