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.
U.S.
More U.S.
Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Detective says cruelty of woman's murder will "stay with me forever"
Lt. Dakota Black of the Pottawatomie County Sheriff's Office in Shawnee, Oklahoma, says the case of Makayla Meave, a missing teacher's aide, was one of the most heart-wrenching cases of her career.
A young mom was near death from lead poisoning. Who was trying to kill her?
Hannah Pettey, 22, a married mother of two from Alabama, suffered debilitating pain and lost more than 45 pounds as her health rapidly declined. Doctors suspected either her mother or her husband were trying to poison her.
Trump, Vance to speak at RNC Midterm Convention in Dallas
Republican National Committee Midterm Convention is a rare mid-cycle gathering of party leaders and delegates President Trump has called as a way to rally the party faithful ahead of November's contests.
Robin Morgan, feminist writer and close friend of Gloria Steinem, dies at 85
Robin Morgan, a wholesome child star of the 1940s and '50s who grew up to become an all-American radical as a poet, essayist, editor and second-wave feminist, has died at age 85.
MoneyWatch
More MoneyWatch
Are mortgage rates heading back above 7%? Here's what experts think.
Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.
See the U.S. cities where worker pay is rising fastest
Although worker wages have risen modestly this year, pay is increasing much faster in some metro areas than in others, labor data shows.
Employer and worker health plan costs expected to jump in 2027
Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.
August jobs report shows U.S. added 162,000 jobs, blowing past forecasts
Strong hiring last month was driven by gains in education and in leisure and hospitality, with the nation's jobless rate remaining steady at 4.1%.
Sturdy stock market mints a record number of 401(k) millionaires
The number of millionaire 401(k) accounts at Fidelity reached a record 769,000 in the second quarter.
Politics
More Politics
Trump, Vance to speak at RNC Midterm Convention in Dallas
Republican National Committee Midterm Convention is a rare mid-cycle gathering of party leaders and delegates President Trump has called as a way to rally the party faithful ahead of November's contests.
Trump delivers $10 million to Ken Paxton in first major contribution of midterms
President Trump's MAGA Inc. super PAC had previously only given one donation this midterm cycle: about $800,000 to Darline Graham.
Guyana latest "third country" to accept migrants deported from U.S.
Guyana is one of more than 30 nations that have now signed deals with the Trump administration as part of President Trump's crackdown on illegal immigration.
Fetterman texts reveal impatience with constituent duties
A former staffer confirmed that Sen. John Fetterman has routinely dismissed and at times refused to do core aspects of the job.
Top military officials faced polygraphs over leaks on munitions, sources say
Some of the highest-ranking officials in the U.S. military were subjected to polygraph tests as part of a sweeping leak probe, U.S. officials briefed on the matter told CBS News.
HealthWatch
More HealthWatch
A woman was in pain for decades. A chance meeting helped her learn why.
Dawn Jemison started dealing with pelvic pain as a preteen. It took decades to learn why — and to find a solution.
Employer and worker health plan costs expected to jump in 2027
Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.
Clancy trial highlights need to rethink postpartum care: "The duty is on the system"
Lindsay Clancy's case is resonating with moms across the U.S. — bringing into focus the spectrum of perinatal mood and anxiety disorders and the lack of resources for many women.
What's true and false about infertility? We asked a fertility specialist.
Dr. Temeka Zore, a double board-certified OB-GYN and fertility specialist, joined "Healthful" for a deep dive on all things fertility, from endometriosis to PMOS (formerly known as PCOS) to egg freezing.
The market forces quietly adding thousands to patient bills
The true cost of "vertical integration": Patients directed to a higher-priced location for procedures. Or forced to buy from their insurer's wholly owned pharmacy, which may not stock the drug prescribed or provide it at the lowest price.
World
More World
Uber robotaxis hit London's streets, but with humans still behind the wheel
Robotaxis are on the roads of London, marking Uber's biggest real-world challenge yet in a busy city built on a dense layout and countless roundabouts.
Guyana latest "third country" to accept migrants deported from U.S.
Guyana is one of more than 30 nations that have now signed deals with the Trump administration as part of President Trump's crackdown on illegal immigration.
U.S. ambassador calls ongoing West Bank settler violence an "act of terror"
U.S. Ambassador to Israel Mike Huckabee met with about 10 Palestinian American residents who described the impact of the violence on their lives and properties.
Colombia drone attack by suspected guerrillas kills 3 soldiers, army says
Recently elected President Abelardo de la Espriella condemned the attack.
Painting looted by Nazis to be returned to collector's heir
The painting was among the artworks looted and sold under duress to Nazi officials from art dealer Jacques Goudstikker after Adolf Hitler's Germany invaded the Netherlands in 1940.
Entertainment
More Entertainment
Entertainment
From the archives: Jazz artist Cassandra Wilson
Two-time Grammy-winning jazz singer Cassandra Wilson died on Sept. 1, 2026, at age 70. In this 1997 "Sunday Morning" profile, Wilson talked with correspondent Billy Taylor about her early influences, from her parents, to singers like Joni Mitchell and Richie Havens. PLUS: Watch Cassandra Wilson as a "Sunday Morning" correspondent, interviewing musician Robbie Robertson of The Band, at the Woodstock recording studio Big Pink, in a report broadcast in 1998.
Improvement Movement performs "On the Bus"
Improvement Movement is one of Atlanta's most exciting new bands. They say their third album, "Your Perfect Real Life," is sure to "inundate your ears" with as much good as you can reasonably feel these days. Here's Improvement Movement with "On the Bus."
Improvement Movement performs "In the Morning"
Improvement Movement is one of Atlanta's most exciting new bands. They say their third album, "Your Perfect Real Life," is sure to "inundate your ears" with as much good as you can reasonably feel these days. Here's Improvement Movement with "In the Morning."
Improvement Movement performs "I Do"
Improvement Movement is one of Atlanta's most exciting new bands. They say their third album, "Your Perfect Real Life," is sure to "inundate your ears" with as much good as you can reasonably feel these days. Here's Improvement Movement with "I Do."
Looking back at Jerry Lewis telethon
The first 24-hour Jerry Lewis Muscular Dystrophy Association telethon aired 60 years ago on Saturday. The staple of Labor Day weekend featured established stars like Dolly Parton and young comics like Jimmy Fallon.
Technology
More Technology
Technology
Self-driving AI Uber put to the test
Leigh Kiniry tests out an autonomous, AI-powered Uber in London.
FBI deputy director on using AI to fight crime
The FBI is using artificial intelligence to fight crime as it leans into targeting cartels and transnational criminal organizations. CBS News' Anna Schecter spoke with FBI Deputy Director Christopher Raia about the new technology.
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.
How AI is reshaping the U.S. Open for players and fans
At the U.S. Open, artificial intelligence is giving players and fans a new way to experience the tournament.
U.S. Open embraces artificial intelligence
At this year's U.S. Open, live artificial intelligence insights are bringing the digital world to the court, reshaping the tournament experience. CBS News digital reporter Lauren Fichten has the details.
Science
More Science
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Crime
More Crime
Detective says cruelty of woman's murder will "stay with me forever"
Lt. Dakota Black of the Pottawatomie County Sheriff's Office in Shawnee, Oklahoma, says the case of Makayla Meave, a missing teacher's aide, was one of the most heart-wrenching cases of her career.
A young mom was near death from lead poisoning. Who was trying to kill her?
Hannah Pettey, 22, a married mother of two from Alabama, suffered debilitating pain and lost more than 45 pounds as her health rapidly declined. Doctors suspected either her mother or her husband were trying to poison her.
Mistrial declared in Lindsay Clancy trial
A judge in Massachusetts declared a mistrial in the murder trial of Lindsay Clancy, who killed her three young children, after jurors said for a third time they could not agree on a verdict.
Luxury brands' labor practices under scrutiny
Italian authorities are turning their attention to the luxury brands at the top of the fashion food chain after allegations of cheap labor and exploitation.
FBI deputy director on using AI to fight crime
The FBI is using artificial intelligence to fight crime as it leans into targeting cartels and transnational criminal organizations. CBS News' Anna Schecter spoke with FBI Deputy Director Christopher Raia about the new technology.
Space
More Space
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
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.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
Latest Galleries
More Latest Galleries
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.
Dolly Parton: An extraordinary life in pictures
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.
Investigating the death of designer Sylvie Cachay
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 music highlights of 2026
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
The Gaslighting of Hannah Pettey
When a young woman nearly dies from poisoning, investigators focus on the two people she trusted the most. "48 Hours" correspondent Anne-Marie Green reports.
Rare exotic bird spotted in Irvine
A rare, exotic bird typically found in the Caribbean and parts of South America has been spotted in Irvine, California. Carter Evans reports.
Self-driving AI Uber put to the test
Leigh Kiniry tests out an autonomous, AI-powered Uber in London.
Hurricane Lowell threatens Hawaii
Hurricane Lowell is building up about 600 miles off Honolulu, Hawaii. Andrew Kozak has the weather.
LSU sued for recruiting former NFL players
The Southeastern Conference is suing LSU over what it calls a "deliberate" effort to recruit professional football players. Mark Strassman has more.