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.
Sam Bankman-Fried
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 files plan to fully reimburse customers it defrauded of billions
FTX says that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.
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.
Sam Bankman-Fried deserves 40 to 50 years in prison, prosecutors say
Sam Bankman-Fried, 32, is scheduled to be sentenced on March 28 following his November conviction on fraud and conspiracy charges.
Sam Bankman-Fried asks judge to reject 100-year recommended sentence
Sam Bankman-Fried's lawyer says a recommended sentence of 100 years in prison is "grotesque" and "barbaric."
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.
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 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.
Bankman-Fried's lawyer struggles to poke holes in ex-girlfriend's testimony
It was a rough day in court for Sam Bankman-Fried's defense, with Judge Lewis Kaplan pressing the FTX co-founder's lawyer on his line of questioning.
Sam Bankman-Fried's ex-girlfriend testifies
Caroline Ellison, Sam Bankman-Fried's ex-girlfriend, is back on the witness stand Wednesday in the FTX founder's fraud trial. Ellison previously pleaded guilty to multiple charges and agreed to cooperate with the prosecution. CBS News national correspondent Errol Barnett is at the courthouse and has the latest on Ellison's testimony.
Israel launches "preemptive strike" on Iran, Israeli military says
The Israel Defense Ministry said in a statement that it launched the strike because it was expecting "a missile and drone attack" from Iran "in the immediate future."
Trump orders federal agencies to stop using Anthropic's AI technology
President Trump said he will give federal agencies six months to phase out their use of Anthropic's AI products.
Anthropic CEO Dario Amodei calls White House's actions "retaliatory and punitive"
Hours before Anthropic CEO Dario Amodei's interview, Defense Secretary Pete Hegseth deemed the AI company a "supply chain risk to national security," which restricts military contractors from doing business with Anthropic.
U.S.-Iran deal is "within our reach," Omani mediator says
Negotiators from the U.S. and Iran have made "substantial progress" toward a deal to curb Iran's nuclear program, Omani Foreign Minister Badr Albusaidi told CBS News on Friday.
Renee Good's family spent "hours in limbo" after she was fatally shot
Renee Good's family said they spent agonizing "hours in limbo," unsure of the details surrounding her fatal shooting by a U.S. Immigration and Customs Enforcement officer in Minneapolis last month.
Hegseth declares Anthropic a "supply chain risk to national security"
Defense Secretary Pete Hegseth deemed artificial intelligence firm Anthropic a supply chain risk on Friday, following days of increasingly heated public conflict with the AI company.
Bill Clinton at Epstein deposition: "I saw nothing, and I did nothing wrong"
Former President Bill Clinton denied any knowledge of Jeffrey Epstein's crimes in an opening statement before the House Oversight Committee in New York.
Hegseth says Pentagon canceling troops' attendance at top universities
Defense Secretary Pete Hegseth announced Friday that the Pentagon would be canceling troops' attendance at some of the nation's top universities.
Neil Sedaka, singer whose hits included "Laughter in the Rain," dies at 86
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
U.S.
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Anthropic CEO Dario Amodei calls White House's actions "retaliatory and punitive"
Hours before Anthropic CEO Dario Amodei's interview, Defense Secretary Pete Hegseth deemed the AI company a "supply chain risk to national security," which restricts military contractors from doing business with Anthropic.
A Hawaii man tackled his sports gambling addiction by offering free surf lessons
For Buddy Wiggins of Honolulu, Hawaii, the end result of a yearslong sports gambling addiction has come to this: soliciting strangers on the beach.
Renee Good's family spent "hours in limbo" after she was fatally shot
Renee Good's family said they spent agonizing "hours in limbo," unsure of the details surrounding her fatal shooting by a U.S. Immigration and Customs Enforcement officer in Minneapolis last month.
10 Epstein files conspiracy theories, debunked
Conspiracy theories about the Epstein files have racked up millions of views on social media. Here's what to know about 10 of the most viral claims.
Robots, already in hospitals, are ready to roll in other industries
In the years to come, robots will help offset worker shortages in health care, manufacturing and other industries, experts say.
MoneyWatch
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Hegseth declares Anthropic a "supply chain risk to national security"
Defense Secretary Pete Hegseth deemed artificial intelligence firm Anthropic a supply chain risk on Friday, following days of increasingly heated public conflict with the AI company.
Robots, already in hospitals, are ready to roll in other industries
In the years to come, robots will help offset worker shortages in health care, manufacturing and other industries, experts say.
Book excerpt: "Streetwise" by Lloyd Blankfein
In his new memoir, the former CEO of Goldman Sachs writes about a life that stretched from the projects of New York City to the pinnacle of Wall Street.
Small business owner is already giving her customers a tariff refund
"If somebody charges you something and it's unlawful, they should give you your money back," Dame CEO Alexandra Fine said.
Stocks slump as inflation, AI worries rattle investors
Stocks fell Friday after a report showed higher-than-expected inflation and as Wall Street continues to fret over AI-related disruption.
Politics
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Israel launches "preemptive strike" on Iran, Israeli military says
The Israel Defense Ministry said in a statement that it launched the strike because it was expecting "a missile and drone attack" from Iran "in the immediate future."
Anthropic CEO Dario Amodei calls White House's actions "retaliatory and punitive"
Hours before Anthropic CEO Dario Amodei's interview, Defense Secretary Pete Hegseth deemed the AI company a "supply chain risk to national security," which restricts military contractors from doing business with Anthropic.
Hegseth declares Anthropic a "supply chain risk to national security"
Defense Secretary Pete Hegseth deemed artificial intelligence firm Anthropic a supply chain risk on Friday, following days of increasingly heated public conflict with the AI company.
Hegseth says Pentagon canceling troops' attendance at top universities
Defense Secretary Pete Hegseth announced Friday that the Pentagon would be canceling troops' attendance at some of the nation's top universities.
U.S.-Iran deal is "within our reach," Omani mediator says
Negotiators from the U.S. and Iran have made "substantial progress" toward a deal to curb Iran's nuclear program, Omani Foreign Minister Badr Albusaidi told CBS News on Friday.
HealthWatch
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Medicaid is paying for more dental care. GOP cuts threaten to reverse the trend.
More than three dozen states cover dental services for people on Medicaid, but with about $900 billion in cuts expected to hit states over the next decade, many programs could roll back dental coverage.
Health premiums threaten their nest egg. A terminal diagnosis may spare it.
Chaz and Jean Franklin were facing a sevenfold increase in their health premium payments with the expiration of enhanced federal subsidies for Affordable Care Act plans. Then Jean received a crushing diagnosis.
Could "kidulting" be the way to take the work out of your workout?
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
Novo Nordisk to slash Wegovy and Ozempic prices starting in 2027
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
As more Americans embrace anxiety treatment, RFK Jr. derides medications
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
World
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Israel launches "preemptive strike" on Iran, Israeli military says
The Israel Defense Ministry said in a statement that it launched the strike because it was expecting "a missile and drone attack" from Iran "in the immediate future."
More than a dozen killed when plane carrying money crashes in Bolivia, official says
The plane belonging to the Bolivian air force was transporting new banknotes from Bolivia's Central Bank to other cities. A large number of bills were scattered on the ground at the crash site.
U.S.-Iran deal is "within our reach," Omani mediator says
Negotiators from the U.S. and Iran have made "substantial progress" toward a deal to curb Iran's nuclear program, Omani Foreign Minister Badr Albusaidi told CBS News on Friday.
Trump administration labels Iran state sponsor of wrongful detention
The designation enables the U.S. to punish Iran for detaining Americans for political leverage
Rare 2,000-year-old treasure unearthed by metal detectorists
The find was made on a farmer's land in western Wales, museum Amgueddfa Cymru said.
Entertainment
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Entertainment
From the archives: Neil Sedaka on writing a hit song
Neil Sedaka, the singer and songwriter behind such hits as "Breaking Up is Hard to Do," "Calendar Girl," and "Love Will Keep Us Together," died on Friday, Feb. 27, 2026 at age 86. In this 2020 "Sunday Morning" story, David Pogue talked with Sedaka – as well as Valerie Simpson (of Ashford & Simpson), author John Seabrook, and producer Oak Felder – about the elements that go into writing a hit song.
Neil Sedaka, singer whose hits included "Laughter in the Rain," dies at 86
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
Book excerpt: "Never Mind the Happy" by Marc Shaiman
In his memoir, the Tony Award-winning composer of such hits as Broadway's "Hairspray" writes of his half-century in show business, which grew in part from his youthful worship of Bette Midler - an adoration that would grow into a collaboration.
"Sinners" composer on blues music journey
For Oscar-winning composer Ludwig Goransson, creating the score for "Sinners" was a challenge, explaining he had to find his "voice within the blues." He describes his unlikely personal connection to the music and how he met the film's director.
"Scream" creator on directing latest movie
"Scream" writer and creator Kevin Williamson describes his passion for horror films and being asked to direct a "Scream" movie for the first time, at the request of one of the returning stars. Natalie Morales reports.
Technology
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Technology
Anthropic CEO on "punitive" Pentagon action
In an exclusive interview with CBS News, Anthropic CEO Dario Amodei said that the Pentagon's decision to designate the AI company a supply chain risk is "retaliatory and punitive." The Pentagon made the designation, which restricts military contractors from doing business with Anthropic, after the company refused to give the military unfettered access to its AI model.
Anthropic CEO on "red lines" for AI military use
Anthropic CEO Dario Amodei said in an exclusive interview with CBS News that the AI company sought to draw "red lines" in the government's use of its technology because "we believe that crossing those lines is contrary to American values, and we wanted to stand up for American values." He added: "Disagreeing with the government is the most American thing in the world."
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.
What's at stake in the Pentagon-Anthropic dispute
For days, one of America's leading artificial intelligence companies and the Pentagon have been in a standoff over this question: who gets ultimate control over the use of that powerful technology? Jo Ling Kent explains what's at stake.
Hegseth makes Anthropic a supply-chain risk
President Trump ordered the federal government to cut ties with tech start-up Anthropic. Defense Secretary Pete Hegseth also said he will designate Anthropic a supply-chain risk to national security. Brendan Bordelon, AI and tech influence reporter for Politico, joins "The Daily Report" to discuss.
Science
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NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
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.
How Washington's crossing of the Delaware presaged a changing world
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.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Crime
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Crime
Bill Clinton opening statement for deposition
Former President Bill Clinton is being deposed by members of the House Oversight Committee over his alleged links to Jeffrey Epstein. CBS News' Nikole Killion reports.
Did ICE lie before detaining NYC student?
Columbia University acting president Claire Shipman described the ICE detention of student Elmina "Ellie" Aghayeva, claiming agents gained entry to a residential building by stating they were police seeking a missing child. CBS News' Tom Hanson reports.
Bill Clinton's turn for Epstein deposition
Former President Bill Clinton is up next for a deposition before members of the House Oversight Committee regarding his alleged links to convicted sex offender Jeffrey Epstein. CBS News' Nikole Killion reports.
Latest news Columbia student taken by ICE
Columbia University student Elmina Aghayeva has been released after ICE took her from one of the institution's residential buildings. CBS News' Tom Hanson reports.
Epstein files questionings continue
Kentucky Republican Rep. James Comer, the chairman of the House Committee on Oversight and Accountability, said Commerce Secretary Howard Lutnick may be asked to testify on his knowledge of convicted sex offender Jeffrey Epstein's dealings. This comes as former President Bill Clinton prepares for his deposition. CBS News' Nikole Killion reports.
Space
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Space
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
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 announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA rolls Artemis II back for repairs
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.
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
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Latest CBS News Videos
Anthropic CEO on "punitive" Pentagon action
In an exclusive interview with CBS News, Anthropic CEO Dario Amodei said that the Pentagon's decision to designate the AI company a supply chain risk is "retaliatory and punitive." The Pentagon made the designation, which restricts military contractors from doing business with Anthropic, after the company refused to give the military unfettered access to its AI model.
Anthropic CEO on "red lines" for AI military use
Anthropic CEO Dario Amodei said in an exclusive interview with CBS News that the AI company sought to draw "red lines" in the government's use of its technology because "we believe that crossing those lines is contrary to American values, and we wanted to stand up for American values." He added: "Disagreeing with the government is the most American thing in the world."
Trump "not happy" with Iran despite hopes for deal
As the threat of war with Iran looms, a second American aircraft carrier moved closer to the Middle East as the families of U.S. diplomats in the region were given the option leave. Charlie D'Agata has details.
Man offers free surf lessons to cope with issues
For Buddy Wiggins of Honolulu, Hawaii, the end result of a yearslong sports gambling addiction has come to this: soliciting strangers on the beach. The 32-year-old pool cleaner says he heard a voice, a calling, to take his life in a radically different direction. Steve Hartman has the story.
Alleged gunman's father takes stand at trial
Colin Gray took the stand in his Georgia trial, where he's facing second-degree murder charges after buying his son a rifle the boy allegedly used to kill people in a school shooting. Skyler Henry has more.