Caroline Ellison says FTX's Bankman-Fried led her to "lie and steal"
In emotional testimony, Sam Bankman-Fried's former girlfriend blamed the FTX co-founder for justifying illegal activity.
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In emotional testimony, Sam Bankman-Fried's former girlfriend blamed the FTX co-founder for justifying illegal activity.
Former Alameda Research CEO Caroline Ellison, the government's star witness against Sam Bankman-Fried, took the stand Tuesday and said the former crypto boss directed her to commit crimes. CBS News national correspondent Errol Barnett was in the courtroom and joins to break down the day's proceedings.
Caroline Ellison takes the stand to testify against the former FTX co-founder as the high-profile case enters a second week.
Gary Wang returned to the witness stand on Friday to testify against fellow co-founder of cryptocurrency exchange.
Witness testimony resumes Thursday in the criminal fraud trial of Sam Bankman-Fried after the prosecution and defense laid out their opening statements Wednesday. The former CEO of crypto exchange FTX is accused of stealing billions of dollars from customers for his own personal use. He pleaded not guilty back in March. CBS News legal contributor Rebecca Roiphe has more.
Some of Sam Bankman-Fried's former co-workers at FTX are expected to testify against him at his fraud trial. CBS News legal analyst Rikki Klieman explains the latest on the case.
Former FTX employee and "longtime" friend of Sam Bankman-Fried said he quit the crypto exchange after allegations that customer funds had been misused.
Lawyers for Sam Bankman-Fried delivered opening statements in his criminal trial Wednesday. Prosecutors have accused the former FTX CEO of misusing billions of dollars in customer funds. Author Michael Lewis joins CBS News to discuss his new book, "Going Infinite: The Rise and Fall of a New Tycoon," which takes an in-depth look at the rise and fall of Bankman-Fried.
First, Merrick Garland on the independence of Trump and Hunter Biden investigations.Then, Michael Lewis’ new book on Sam Bankman-Fried.
Jury selection is underway for the highly anticipated trial of former crypto executive Sam Bankman-Fried, who rose to the top of the cryptocurrency world before his company, FTX, collapsed. He's now accused of defrauding investors and consumers out of billions of dollars. He has pleaded not guilty. CBS News correspondent Elaine Quijano has more.
Author Michael Lewis met with FTX founder Sam Bankman-Fried more than 100 times. Lewis breaks down the crypto superstar’s rise and fall in his new book, “Going Infinite.”
Best-selling author Michael Lewis joins "CBS Mornings" to discuss his new book, "Going Infinite: The Rise and Fall of a New Tycoon," which tracks the growth and collapse of cryptocurrency firms founded by Sam Bankman-Fried, who is facing trial this week on fraud charges.
Author Michael Lewis spent countless hours with FTX founder and alleged fraudster Sam Bankman-Fried. He details the cryptocurrency wunderkind's rise and fall in his new book, "Going Infinite."
Author Michael Lewis met with FTX founder Sam Bankman-Fried more than 100 times. Lewis breaks down the crypto superstar's rise and fall in his new book, "Going Infinite."
Ahead of the trial of Sam Bankman-Fried, 60 Minutes correspondent Jon Wertheim sits down with author and journalist Michael Lewis who had a first-hand look at the rise and fall of the crypto wunderkind.
The FTX founder needs proper access to computers, Adderall and a better vegan diet, his attorneys claim.
In a 70-page court filing, prosecutors say they'll use testimony from collapsed cryptocurrency company FTX's former top executives against founder Sam Bankman-Fried at his trial this October. Bankman-Fried was arrested in December and is accused of leading a scheme to use customer deposits to fund real estate purchases and donations to charities and politicians. Brady Dale, a crypto reporter with Axios, joined CBS News to discuss.
Attorneys had been given a deadline of Monday to serve O'Neal, who they claimed had been avoiding service for several months.
Attorneys allege O'Neal has been dodging being served for months, and that a process server "was sent an ominous and threatening text message by O'Neal or someone acting on his behalf."
Sam Bankman-Fried now faces 13 federal charges, including allegations he offered millions in bribes to a Chinese official.
Prosecutors unveiled securities fraud and other fresh charges against the former cryptocurrency mogul.
The new chairman of the House Financial Services Committee said on "The Takeout" this week that Bankman-Fried has "proven himself to be untrustworthy by his actions," and "no word he utters should be believed."
They also seized 55.27 million shares of Robinhood stock currently valued at about $526 million.
Miami-Dade County owns the arena and negotiated what was to be a 19-year, $135 million naming rights deal with FTX back in 2021.
Disgraced crypto king Sam Bankman-Fried pleaded not guilty to a slew of charges related to his defunct cryptocurrency exchange in federal court in Manhattan. Michael Parker, head of the anti-money-laundering and sanctions practice at Ferrari and Associates, joins CBS News' Elaine Quijano to discuss the details of SBF's case.
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The final report this week from the special inspector general for Afghanistan identified $26 billion in waste, fraud, and abuse in U.S. reconstruction spending in Afghanistan since 2009.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
West Virginia Gov. Patrick Morrisey said the family expects Andrew Wolfe to be in acute care for another two to three weeks.
The man suspected of planting pipe bombs outside the RNC and DNC headquarters in 2021 was ordered detained in his first appearance in federal court.
President Trump has led the charge to create more GOP-friendly congressional districts in the 2026 midterm elections.
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Minimum wages are set to rise in 22 U.S. states and 66 cities and counties next year, even as the federal baseline wage remains at $7.25.
West Virginia Gov. Patrick Morrisey said the family expects Andrew Wolfe to be in acute care for another two to three weeks.
When Francine the cat went missing from her Richmond, Virginia, store, employees determined she must have wandered onto a freight truck bound for a distribution center 85 miles away in North Carolina.
The final report this week from the special inspector general for Afghanistan identified $26 billion in waste, fraud, and abuse in U.S. reconstruction spending in Afghanistan since 2009.
Officials in Louisiana say two inmates accused of violent crimes are on the run after escaping from jail by removing pieces of a wall and using sheets to scale a wall.
"It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.
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Minimum wages are set to rise in 22 U.S. states and 66 cities and counties next year, even as the federal baseline wage remains at $7.25.
Federal regulators are investigating multiple Texas incidents in which the robotaxis drove around stopped school buses.
President Trump's claims of a historic multitrillion-dollar investment surge don't match federal data or the administration's own numbers.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
The officials in a joint statement said they made progress on creating a security framework for postwar Ukraine and are urging Russia to commit to peace.
Two people who survived an early September U.S. attack on an alleged drug boat were waving overhead before they were killed in a now-controversial second strike, according to two sources.
The final report this week from the special inspector general for Afghanistan identified $26 billion in waste, fraud, and abuse in U.S. reconstruction spending in Afghanistan since 2009.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
President Trump has led the charge to create more GOP-friendly congressional districts in the 2026 midterm elections.
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
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The former officials said the FDA's plans to revamp how certain life-saving vaccines are handled would "disadvantage the people the FDA exists to protect, including millions of Americans at high risk from serious infections."
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
The officials in a joint statement said they made progress on creating a security framework for postwar Ukraine and are urging Russia to commit to peace.
The royal symbol on the newly discovered figurines solves a long-standing mystery by identifying who was buried in the sarcophagus.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
After a number of drone sightings near European airports and military bases, mysterious aircraft were seen over Ireland as Ukraine's Zelenskyy visited.
The Trump administration says societal threats mean some European nations may not be "strong enough to remain reliable allies."
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The man accused of planting two pipe bombs in Washington, D.C., on the eve of the Jan. 6, 2021, U.S. Capitol riot is facing two federal charges. CBS News' Anna Schecter has more.
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The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
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A recent KFF poll revealed that one in eight adults in the U.S. is currently taking a GLP-1 weight loss drug. As more people start using them, some are talking about the unexpected side effects, including muscle loss and weakness. Senior Vox correspondent Dylan Scott joins CBS News to share what patients told him.
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Democratic Rep. Adelita Grijalva of Arizona said Friday she was pepper-sprayed by ICE during a raid at a Tucson restaurant. A Homeland Security spokesperson denied Grijalva's account.
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