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 that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.
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.
Sam Bankman-Fried, 32, is scheduled to be sentenced on March 28 following his November conviction on fraud and conspiracy charges.
Sam Bankman-Fried's lawyer says a recommended sentence of 100 years in prison is "grotesque" and "barbaric."
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.
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.
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.
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.
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.
The RAF Fairford base has been used by U.S. forces involved in targeting Iran since the start of the war in February.
The worst impacts of a powerful nor'easter could still be ahead on Sunday, after the storm brought heavy rain, flooding and destructive winds to the Northeast.
Democratic Sen. John Fetterman of Pennsylvania said that it's "entirely possible" his party wins control of the Senate in the midterm elections, while leaving the door open on his own political future.
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
Iran had presented a seven-day plan to reopen the Strait of Hormuz and return to negotiations for a lasting end to the war.
Kennedy also weighed in on a new ad campaign extolling the president, saying no official "should spend public money on private ads for themselves."
AI experts discuss the risks inherent in artificial intelligence teaching itself to become smarter; and whether recent declarations of AI's threat to humanity are to be taken seriously.
Three males are dead and four other people are injured after a shooting at an "after-hours" location in Detroit Sunday morning.
Zoo Atlanta said giant pandas Ping Ping and Fu Shuang arrived at Hartsfield-Jackson International Airport on Sunday morning.
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
The wounded victims were identified as four 18-year-old men, five 17-year-old boys and two 18-year-old women, according to the sheriff's office.
Kennedy also weighed in on a new ad campaign extolling the president, saying no official "should spend public money on private ads for themselves."
On this "Face the Nation with Margaret Brennan" broadcast, Iranian President Masoud Pezeshkian and Alexander Yui, Taiwan representative to the U.S., join Margaret Brennan.
Zoo Atlanta said giant pandas Ping Ping and Fu Shuang arrived at Hartsfield-Jackson International Airport on Sunday morning.
Two of Hollywood's biggest hits this year – "Obsession" and "Backrooms," horror films with tiny budgets directed by YouTube creators – have studios searching for other social media-savvy talent, making YouTube a valuable new kind of film school.
Alabama sued the social media company in 2025, claiming the platform had negative effects on the mental well-being of youths.
Chipotle, McDonald's and Shake Shack are among the restaurant chains revamping their menus as more consumers go on weight-loss drugs.
Meta, Microsoft and other major tech companies are developing a range of AI products for consumers, from wearables to speakers.
The two-week trial in New Mexico centered on accusations Facebook deceived users about a data breach.
Kennedy also weighed in on a new ad campaign extolling the president, saying no official "should spend public money on private ads for themselves."
On this "Face the Nation with Margaret Brennan" broadcast, Iranian President Masoud Pezeshkian and Alexander Yui, Taiwan representative to the U.S., join Margaret Brennan.
The following is the transcript of the interview with Sen. John Kennedy, Republican of Louisiana, that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
The following is the transcript of the interview with Rep. Jim Himes, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
The following is the transcript of the interview with Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
Minutes into a run, Caroline McCaffrey was struck with a massive headache. The resulting medical journey would reveal a family risk for a dangerous condition.
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
In the latest episode of "Healthful," Dr. Jocelyn Wittstein, an orthopedic surgeon at Duke University School of Medicine, discusses what women should know about protecting their bones.
New research highlights common themes shared by people who found reasons to keep living through dark times.
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
The following is the transcript of the interview with Sen. John Kennedy, Republican of Louisiana, that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
The following is the transcript of the interview with Rep. Jim Himes, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
Pope Leo XIV has criticized the legalization of medically assisted death as "false compassion" during his visit to Lourdes, France.
The following is the transcript of the interview with Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
British Prime Minister Andy Burnham called for calm in Northern Ireland on Sunday after the Orange Order was given the go-ahead by the High Court in Belfast in a late-night sitting.
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
Be on the lookout for these new entertainment offerings in the coming months, from screens to the stage, from music to the page.
Be on the lookout for these new entertainment offerings in the coming months, from movies, TV and streaming, to live theater and the bookstore.
Sylvester Stallone was a struggling actor who wrote the perfect script for himself – and refused to sell it unless he played the title role. He talks about his new memoir, "The Steps," that recounts his rocky road to fame before and after "Rocky."
In this web exclusive, actor, writer and director Sylvester Stallone talks with correspondent Tracy Smith about his career, including his first experience as an actor in a school production of "Death of a Salesman"; how rejection made him tougher; why he refused to sell his screenplay for "Rocky" unless he played the lead role; and how he continued to fight during the film's production to maintain his vision of the character.
AI experts discuss the risks inherent in artificial intelligence teaching itself to become smarter; and whether recent declarations of AI's threat to humanity are to be taken seriously.
Correspondent David Pogue talks with AI experts Daniel Kokotajlo, Geoffrey Hinton and Alex Turner about the risks inherent in artificial intelligence teaching itself to become smarter, and how recent developments set off alarms about AI bots going rogue. He also talks with Andrew Ng, cofounder of Google's AI program, about whether recent declarations of threats to humanity are to be taken seriously.
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 Federal Aviation Administration is rolling out new air traffic control software that uses artificial intelligence as a prediction tool. This comes as more than half of Americans worry that AI models could act on their own to cause harm, accord to a CBS News survey. Kris Van Cleave has the story.
Pope Leo XIV traveled to France, the first papal visit in nearly 20 years. Chris Livesay reports.
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
The wounded victims were identified as four 18-year-old men, five 17-year-old boys and two 18-year-old women, according to the sheriff's office.
Today the public's appetite for true crime – from TV shows and podcasts to the big screen – has never been bigger, as devotees of the genre even spend their time trying to solve crimes. Correspondent Luke Burbank visits the annual CrimeCon convention, and talks with Karen Kilgariff and Georgia Hardstark, hosts of the "My Favorite Murder" podcast, and professor Jean Murley, about the appeal of crime as entertainment.
Authorities haven't disclosed the exact cause of Fortune's death, but they did rule it a homicide and have arrested two men.
Former "American Idol" contestant and music pastor Caleb Flynn stands accused of murdering his wife. His former mistress, Alleigha Botner, testified in the trial. CBS News' Ian Lee has more details.
A Minnesota native who had been serving aboard the USS Abraham Lincoln for nearly 10 months came home to an upsetting surprise.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Patrick Clancy wrestles with grief and shares memories of his children in his first interview since his ex-wife Lindsay Clancy's murder trial ended without a verdict.
Celebrities walked the red carpet for the 2026 MTV Video Music Awards, hosted by Snoop Dog, on Sunday night in Los Angeles. Stars like Taylor Swift, Charli xcx and more showed off glamorous looks for the cameras.
CBS News' Major Garrett sat down with Sen. John Fetterman at the Texas Tribune Festival in Austin on Saturday to discuss how the Pennsylvania Democrat feels about midterms and his own political future. Video credit: Texas Tribune Festival.
Democratic Rep. Jim Himes of Connecticut told "Face the Nation with Margaret Brennan" that as President Trump rejected Iran's latest proposal to reopen the Strait of Hormuz and restart talks, "the Iranians now, in some sense, control what happens on Election Day."
Republican Sen. John Kennedy of Louisiana told "Face the Nation with Margaret Brennan" that voters are "worried about the cost of living" heading into the midterm elections, and he urged President Trump to focus on that and give a national address amid the war with Iran.