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 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.
Democrats are investigating clemency recipients who may have obtained favorable treatment from Trump or his advisers.
As President Trump again voices optimism that Iran will "make a deal" to end the war, Tehran declares itself the regulator of Strait of Hormuz shipping.
Secretary of State Marco Rubio and Pope Leo XIV met Thursday at the Vatican to discuss the situation in the Middle East and other matters.
The acting attorney general is touting the administration's stepped-up denaturalization efforts.
The storms collapsed hundreds of homes, downed trees and knocked out power lines in multiple counties, officials said.
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
Police said they have arrested an 18-year-old in connection with a shooting Sunday during a party that left one woman dead and 22 other people wounded.
The storms collapsed hundreds of homes, downed trees and knocked out power lines in multiple counties, officials said.
A woman in her 40s was participating in the grueling race and collapsed at a trailhead, officials said.
The Mulchatna caribou herd is expected to begin calving soon, and the babies are particularly susceptible to being eaten by bears or wolves.
Americans on tight budgets are getting hit especially hard by surging fuel costs, forcing some to make hard choices.
Congressional Democrats are investigating clemency recipients who may have obtained favorable treatment from Trump or his advisers "through intermediaries, financial contributions, or other forms of influence."
The new TrumpRx program relies partly on connecting consumers with discount coupons offered by drugmakers. For insured patients, though, using a coupon can prove dicey.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
Americans on tight budgets are getting hit especially hard by surging fuel costs, forcing some to make hard choices.
A proposed $250 million settlement would compensate millions of consumers who bought the iPhone 16, iPhone 15 Pro or iPhone 15 Pro Max.
In a new lawsuit, two California residents allege that Cento Fine Foods doesn't use real San Marzano tomatoes in one of its products.
Secretary of State Marco Rubio and Pope Leo XIV met Thursday at the Vatican to discuss the situation in the Middle East and other matters.
The acting attorney general is touting the administration's stepped-up denaturalization efforts.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
Congressional Democrats are investigating clemency recipients who may have obtained favorable treatment from Trump or his advisers "through intermediaries, financial contributions, or other forms of influence."
Former New York City Mayor Rudy Giuliani has now left the intensive care unit, his spokesperson said, after being hospitalized with pneumonia.
The new TrumpRx program relies partly on connecting consumers with discount coupons offered by drugmakers. For insured patients, though, using a coupon can prove dicey.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
A deadly strain of hantavirus broke out aboard a cruise ship for the first time, with more than 150 people on board. With three deaths among eight confirmed cases so far, Dr. Céline Gounder discusses the wider risks.
Investigators are racing to control a deadly outbreak of hantavirus, the first ever recorded on a cruise ship. More than 140 people are still on board, including 17 Americans. Tom Hanson reports.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
Secretary of State Marco Rubio and Pope Leo XIV met Thursday at the Vatican to discuss the situation in the Middle East and other matters.
As President Trump again voices optimism that Iran will "make a deal" to end the war, Tehran declares itself the regulator of Strait of Hormuz shipping.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
A 13-year-old student admitted carrying out the attack at the public school Instituto Sao Jose in Rio Branco, officials said.
Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
Ted Turner, who died on Wednesday at age 87, was a global media titan. Amol Sharma, a financial editor for The Wall Street Journal, joins CBS News with more insight.
Media mogul and CNN founder Ted Turner has died at 87, according to a statement from Turner Enterprises. Michael Schneider, Variety's executive editor of TV, joins with more.
CBS News' Anthony Mason is launching a new YouTube show called "Alchemy with Anthony Mason." It's a long-form interview program celebrating artists and the creative process.
In an interview on "The Late Show with Stephen Colbert," former President Barack Obama had some pointed words about the power of the executive branch.
Actor Nathan Lane, who stars in the play "Death of a Salesman," was nominated for his seventh Tony Award. He spoke to "CBS Mornings" about why it was a lifelong dream for him to star in the play and his personal connection to his character.
If you bought an iPhone recently you may be able to get some of your money back. Apple has agreed to a $250 million settlement in a lawsuit over false advertising. Kelly O'Grady explains who is eligible.
Autonomous cars in California will no longer be immune to traffic tickets once a new law takes effect in July. CNET editor-at-large Scott Stein joins CBS News to discuss this and other top technology stories of the day.
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.
A proposed $250 million settlement would compensate millions of consumers who bought the iPhone 16, iPhone 15 Pro or iPhone 15 Pro Max.
Career experts say workers and job seekers should take charge of their own AI education. Here's how to get started.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Meenu Batra, a certified court interpreter for more than 20 years, is speaking out after spending more than six weeks in ICE custody. CBS News' Shanelle Kaul reports.
A note apparently written by convicted sex offender Jeffrey Epstein before his death has been made public. CBS News' Anna Schecter has more.
A judge on Wednesday ordered the release of an apparent suicide note possibly written by the late convicted sex offender Jeffrey Epstein. CBS News has not independently verified the note. Anna Schecter has the latest.
Craig Berry, 53, was found dead on Wednesday of an apparent gunshot wound, the Stewart County Sheriff's Office said.
A woman in Washington state is accused of trying to run over a child on an e-bike. Police say she later attempted to break into a home. The child was not harmed in the incident and the woman is now facing felony charges.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
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.
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
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.
More employers are seeking job candidates with AI skills. CBS MoneyWatch reporter Megan Cerullo has more details.
The FDA has approved fruit-flavored e-cigarettes for adults for the first time, despite evidence showing they encourage younger people to smoke. CBS News medical correspondent Dr. Celine Gounder breaks down what to know about the controversial decision.
Secretary of State Marco Rubio is meeting with Pope Leo at the Vatican. It follows criticism by President Trump of Pope Leo and pushback by the first U.S.-born pontiff. Ramy Inocencio reports.
Tim Kroll, the airport director of the Atlantic City International Airport, joins CBS News with more details on the response to Spirit Airlines shutting down.
Ted Turner, the media entrepreneur who owned TV and sports franchises, created CNN, and skippered yachts in the America's Cup, died on May 6, 2026 at age 87. In this Sept. 30, 2018 "Sunday Morning" profile, the outspoken Turner – known for his environmental advocacy as well as his politically incorrect views – talked with senior contributor Ted Koppel about how he fulfilled more ambitions than many people could ever dream of; and how, nearing 80, he faced a decline brought about by Lewy body dementia, a progressive brain disorder.