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 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 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.
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.
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.
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.
Author Michael Lewis nearly quit writing
The acclaimed author writes about FTX founder Sam Bankman-Fried in his new book "Going Infinite."
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.
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.
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.
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.
10/11: CBS News Mornings
Israel airstrikes bombard Gaza overnight; FTX cryptocurrency fraud trial.
Netanyahu wants Israel "to draw down to zero the American financial support"
Israeli Prime Minister Benjamin Netanyahu addresses the conflicts in Iran and Lebanon, the prospects for a peace deal, and the relationship between the U.S. and Israel.
17 Americans from hantavirus-hit ship arrive in U.S., including 1 who tested positive
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Years after sex abuse scandal, a young gymnast says "it happened again"
Sean Gardner, a gymnastics coach who trained elite young girls, will be in federal court in Mississippi on Monday facing 12 felony counts of sexual exploitation of children.
Live
Iran vows to fight on as Trump calls latest peace offer "unacceptable"
Oil prices spike and the Strait of Hormuz stays paralyzed as Trump rejects Iran's peace proposal and Tehran vows to "fight whenever it is necessary."
Body of soldier who went missing in Morocco recovered, U.S. Army says
The Moroccan military recovered the body of one of two U.S. soldiers who went missing on May 2, the U.S. Army said.
Taiwan to be key issue at Trump's summit with China's President Xi
Taiwan, one of the world's biggest diplomatic flashpoints, will be top of mind for President Xi when he meets with President Trump.
Louisiana's governor defends decision to suspend congressional primaries
After the Supreme Court ruled a Louisiana congressional map unconstitutional, Gov. Jeff Landry suspended primaries, the state is redrawing its map, and some Black voters fear losing their voice in D.C.
Exclusive
Coast Guard seizes sailboat in Lynette Hooker's disappearance probe, sources say
The sailboat used by Brian and Lynette Hooker in their travels around the Bahamas — named "Soulmate" — has been seized by U.S. Coast Guard investigators.
CBS News Radio: A beacon of broadcast journalism signing off
Founded nearly a century ago, CBS Radio, featuring legends such as Edward R. Murrow, Robert Trout and Charles Osgood, created the template for broadcast journalists. But on May 22, CBS will end its heralded radio service.
U.S.
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Years after sex abuse scandal, a young gymnast says "it happened again"
Sean Gardner, a gymnastics coach who trained elite young girls, will be in federal court in Mississippi on Monday facing 12 felony counts of sexual exploitation of children.
6 bodies found in Union Pacific boxcar in Laredo, Texas, near Mexico
Six people were found dead in a Union Pacific Railroad boxcar in Laredo, Texas, at the Mexican border, police there said, without offering any details.
Abe Foxman, former head of Anti-Defamation League, dies at 86
The ADL said in a statement that it "deeply mourns the loss of our longtime national director," without providing details about where and when Foxman died.
Exclusive
Coast Guard seizes sailboat in Lynette Hooker's disappearance probe, sources say
The sailboat used by Brian and Lynette Hooker in their travels around the Bahamas — named "Soulmate" — has been seized by U.S. Coast Guard investigators.
Full transcript of "Face the Nation with Margaret Brennan," May 10, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Energy Secretary Chris Wright and Sen. Mark Kelly join Margaret Brennan.
MoneyWatch
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Fed unlikely to cut interest rates until 2027, Bank of America says
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
What the Trump administration's latest tariff blow means for businesses
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
ABC accuses the FCC of violating free speech rights over "The View"
ABC filed a petition with the FCC claiming that the agency's scrutiny of "The View" threatens to "chill critical protected speech."
Employers added 115,000 jobs in April, blowing past forecasts
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
U.S. trade court rules against Trump's 10% tariffs
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
Politics
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Taiwan to be key issue at Trump's summit with China's President Xi
Taiwan, one of the world's biggest diplomatic flashpoints, will be top of mind for President Xi when he meets with President Trump.
Full transcript of "Face the Nation with Margaret Brennan," May 10, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Energy Secretary Chris Wright and Sen. Mark Kelly join Margaret Brennan.
Sen. Mark Kelly says Pentagon's $1.5 trillion budget request is "outrageous"
Democratic Sen. Mark Kelly of Arizona said the Trump administration's $1.5 trillion budget request for defense spending is "outrageous."
Transcript: Scott Gottlieb on "Face the Nation with Margaret Brennan," May 10, 2026
The following is the transcript of the interview with former FDA Commissioner Scott Gottlieb, who is on boards the of Pfizer and UnitedHealthCare, that aired on "Face the Nation with Margaret Brennan" on May 10, 2026.
Transcript: Rep. Ted Lieu on "Face the Nation with Margaret Brennan," May 10, 2026
The following is the transcript of the interview with Rep. Ted Lieu, Democrat of California, that aired on "Face the Nation with Margaret Brennan" on May 10, 2026.
HealthWatch
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17 Americans from hantavirus-hit ship arrive in U.S., including 1 who tested positive
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Hantavirus cruise passengers to be evacuated
In just hours, the cruise ship at the center of a deadly hantavirus outbreak is expected to arrive in the Canary Islands. All the passengers will then be evacuated to their home countries, including 17 Americans. Ramy Inocencio reports and Dr. Jon LaPook has more on the virus.
WHO director arrives in Canary Islands to oversee hantavirus cruise evacuation
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
A deadly diagnosis almost derailed a mom's dream. Her husband gave her hope.
Maralee Lellio always dreamed of having a large family. A Stage IV cancer diagnosis almost caused her to lose hope.
Man who survived hantavirus 24 years ago, but lost mom and sister, recounts experience
In 2002, Zermeño found out he contracted hantavirus after cleaning the family house following the death of his mother and sister. He had been exposed to rodent droppings and became infected.
World
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Iran hangs grad student accused of spying for the CIA
Erfan Shakourzadeh, 29, was hanged after being convicted for allegedly collaborating with the CIA and Israel's Mossad intelligence service, Iran's judiciary said.
Live
Iran vows to fight on as Trump calls latest peace offer "unacceptable"
Oil prices spike and the Strait of Hormuz stays paralyzed as Trump rejects Iran's peace proposal and Tehran vows to "fight whenever it is necessary."
Prominent Buddhist monk arrested over alleged sex abuse
Authorities added that the victim's mother has also been arrested for aiding and abetting the monk.
Taiwan to be key issue at Trump's summit with China's President Xi
Taiwan, one of the world's biggest diplomatic flashpoints, will be top of mind for President Xi when he meets with President Trump.
Body of soldier who went missing in Morocco recovered, U.S. Army says
The Moroccan military recovered the body of one of two U.S. soldiers who went missing on May 2, the U.S. Army said.
Entertainment
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Entertainment
Matt Damon and Ben Affleck sued over movie
Inspired by a true story, Netflix's "The Rip," starring Ben Affleck and Matt Damon, follows two Miami-Dade police officers as they discover more than $20 million of cartel cash during a drug raid and reveals corruption within the department. But now the real-life officers involved in the raid are suing Damon and Affleck through their production company. Carter Evans reports.
5/10: Sunday Morning
Hosted by Jane Pauley. Featured: The Supreme Court ushers in a new era of gerrymandering; the legacy of CBS News Radio; motherless daughters; comedian Martin Short; rebuilding L.A.; remembering Ted Turner; and Martha Stewart prepares a Mother's Day breakfast.
Martin Short: Facing tragedy with joy
When you learn what Martin Short has endured in his private life, as captured in the hilarious and heartbreaking documentary "Marty: Life Is Short," the comedian's irrepressibly sunny attitude is all the more astonishing.
Extended interview: Martin Short
In this web exclusive, correspondent Tracy Smith sits down with comedian Martin Short, star of "SCTV," "Saturday Night Live" and "Only Murders in the Building," to talk about how director Lawrence Kasdan convinced him to become the subject of the documentary, "Martin: Life Is Short." They also discuss applying his childhood fantasies in show business; experiencing grief and loss as a young man; his first professional job on "Godspell" with Gilda Radner; and the value of reading his own reviews. He also describes his treasured characters like Ed Grimley, Nathan Thurm and Jiminy Glick.
Martin Short: Facing tragedy with joy
For more than 50 years, comedian Martin Short has been a bright spot on any stage or screen. And when you know what he has endured in his private life, his irrepressibly sunny attitude is all the more astonishing. "Marty: Life Is Short," a hilarious and heartbreaking Netflix documentary, tells of the personal tragedies that Short has endured since childhood – and how he has risen above them. Correspondent Tracy Smith talks with Short and director Lawrence Kasdan about grief and loss being met with laughter and joy.
Technology
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Technology
Online learning platform Canvas hacked
The online learning platform Canvas, which is used by 30 million students around the world, was hacked Thursday in a massive cyberattack. The platform is used by thousands of schools, including major universities. Jo Ling Kent reports.
Canvas back online after cyberattack hit learning platform for U.S. schools
A system that thousands of schools and universities use was offline due to a cyberattack.
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.
Here's how AI can help with retirement planning, and where it struggles
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
Google unveils screenless Fitbit
Fitness trackers started as devices for measuring workouts, but now they are designed for 24/7 monitoring and the passive collection of health data. Fitbit announced its latest device, called the Fitbit Air, to compete with other screenless trackers like the Whoop. Tech journalist Lexi Savvides joins CBS News with more.
Science
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Science
What's in the released UFO files?
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Trump: UFO files released for transparency
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
"The Age of Disclosure" director on UFO files
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Crime
More Crime
Years after sex abuse scandal, a young gymnast says "it happened again"
Sean Gardner, a gymnastics coach who trained elite young girls, will be in federal court in Mississippi on Monday facing 12 felony counts of sexual exploitation of children.
Prominent Buddhist monk arrested over alleged sex abuse
Authorities added that the victim's mother has also been arrested for aiding and abetting the monk.
6 bodies found in Union Pacific boxcar in Laredo, Texas, near Mexico
Six people were found dead in a Union Pacific Railroad boxcar in Laredo, Texas, at the Mexican border, police there said, without offering any details.
Beverly Hills 911
Beverly Hills detectives try to figure out how a widow ended up dead below a staircase in her mansion. "48 Hours" correspondent Erin Moriarty reports.
How did a wealthy widow wind up dead below a staircase in her mansion?
Beverly Hills detectives responding to the death of 67-year-old Violet Yacobi — who was found on the marble floor below a staircase in her mansion — suspected foul play and her dentist son, and wondered if the family fortune was a motive for murder.
Space
More Space
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Matt Damon and Ben Affleck sued over movie
Inspired by a true story, Netflix's "The Rip," starring Ben Affleck and Matt Damon, follows two Miami-Dade police officers as they discover more than $20 million of cartel cash during a drug raid and reveals corruption within the department. But now the real-life officers involved in the raid are suing Damon and Affleck through their production company. Carter Evans reports.
Jimmy Lai's son on his father's condition
President Trump is set to meet with Chinese President Xi Jinping this week in Beijing, where Taiwan is expected to be a key issue. Sebastian Lai, the son of imprisoned pro-democracy media mogul Jimmy Lai, told "CBS News Mornings" that his father will die in prison if he is not saved soon.
Gymnast speaks out about coach's alleged abuse
USA Gymnastics vowed to make changes after more than 150 women said they were sexually abused by former team doctor Larry Nassar. However, years later, gymnast Finley Weldon is accusing her former coach of sexually abusing her while she was training. "They were brave and they spoke out [about Larry Nassar] so this wouldn't happen again. And it happened again," Weldon said in an exclusive interview with CBS News. Jim Axelrod has more.
American tests positive for hantavirus
One of the 17 American passengers evacuated from the hantavirus-stricken cruise ship has tested positive for the virus. They are now under quarantine in Nebraska. Ramy Inocencio reports.
Eye Opener: Latest on hantavirus cruise ship
Seventeen Americans from the cruise ship stricken with hantavirus have returned to the U.S. Plus, President Trump rejects Iran's latest peace proposal. All that and all that matters in today's Eye Opener.