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.
Sam Bankman-Fried
Key witness testifies against FTX founder
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.
Sam Bankman-Fried "directed me" to commit fraud, ex-girlfriend says
Caroline Ellison takes the stand to testify against the former FTX co-founder as the high-profile case enters a second week.
Sam Bankman-Fried directed financial crimes, FTX co-founder testifies
Gary Wang returned to the witness stand on Friday to testify against fellow co-founder of cryptocurrency exchange.
Sam Bankman-Fried's defense in fraud trial
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.
Possible witnesses at Bankman-Fried trial
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.
Sam Bankman-Fried stole at least $10 billion, prosecutors say in fraud trial
Former FTX employee and "longtime" friend of Sam Bankman-Fried said he quit the crypto exchange after allegations that customer funds had been misused.
The rise and fall of Sam Bankman-Fried
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.
10/1/2023: Attorney General; The Rise and Fall of Sam Bankman-Fried
First, Merrick Garland on the independence of Trump and Hunter Biden investigations.Then, Michael Lewis’ new book on Sam Bankman-Fried.
Sam Bankman-Fried trial begins
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.
Michael Lewis’ new book on Sam Bankman-Fried
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.”
Michael Lewis talks new book, FTX collapse
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.
Michael Lewis breaks down Sam Bankman-Fried's rise, fall
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."
Sam Bankman-Fried, FTX at center of new Michael Lewis 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."
The Rise and Fall of Sam Bankman-Fried | Sunday on 60 Minutes
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.
Jailed Sam Bankman-Fried needs proper vegan diet to prepare for trial, lawyers say
The FTX founder needs proper access to computers, Adderall and a better vegan diet, his attorneys claim.
The case against Sam Bankman-Fried
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.
Shaquille O'Neal served in FTX lawsuit, lawyers say
Attorneys had been given a deadline of Monday to serve O'Neal, who they claimed had been avoiding service for several months.
Shaq can't be served electronically in FTX class-action lawsuit, judge rules
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."
FTX founder pleads not guilty to bribery and other new charges
Sam Bankman-Fried now faces 13 federal charges, including allegations he offered millions in bribes to a Chinese official.
FTX founder Sam Bankman-Fried hit with new fraud charges
Prosecutors unveiled securities fraud and other fresh charges against the former cryptocurrency mogul.
Top Republican calls FTX founder Sam Bankman-Fried a "world-class sociopath"
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."
Feds seize over $170 million in cash accounts linked to Sam Bankman-Fried
They also seized 55.27 million shares of Robinhood stock currently valued at about $526 million.
Judge terminates FTX naming rights deal for Miami Heat arena
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.
FTX founder pleads not guilty to fraud
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.
Live
CENTCOM chief visits USS Abraham Lincoln amid morale concerns
Meanwhile, Israel is being condemned by Lebanese leaders for strikes in the south that killed at least 11 people, including children.
CBS News poll on whether Democrats split over socialism
Americans think more young people in office would make politics better.
Tropical Storm Lala brings drenching rain, wind across the Hawaiian Islands
As a hurricane, Lala skirted past Hawaii's Big Island, where it brought heavy rain and the possibility of life-threatening flooding and mudslides.
Beshear says he's "heard absolutely nothing" from McConnell
Kentucky Gov. Andy Beshear said he hasn't heard back from Sen. Mitch McConnell following a formal request for an update on his health last month amid a weekslong hospitalization.
Tommy John, MLB All-Star pitcher who had a surgery named after him, dies at 83
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
Exclusive
Ukraine's own ballistic missiles could strike Russia within months, says former minister
Mykhailo Fedorov, the former Ukrainian defense minister who is widely credited as the architect of the country's modern war-fighting strategy, told CBS News in an exclusive interview that he believes Ukraine is in a "technological war" with Russia.
Rahm Emanuel on Trump, the left, and what's right for America
As a Democratic Congressman, Chicago mayor, ambassador, and chief of staff in the Obama White House, Rahm Emanuel has been a key and combative moderate; he says his fight, now and in the future, is bigger than him and his party.
Bacon says Congress "should have oversight" amid concerns about USS Lincoln
GOP Rep. Don Bacon of Nebraska said Congress should conduct oversight following concerns about conditions aboard the USS Abraham Lincoln, which is being replaced after a nearly nine-month deployment.
Jared Kushner met with Hamas leaders in Egypt to discuss Gaza peace deal
Jared Kushner, who is President Trump's son-in-law, is set to meet next with Israeli Prime Minister Benjamin Netanyahu, who rejected the latest peace proposal last week.
U.S.
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Full transcript of "Face the Nation with Margaret Brennan," Aug. 16, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Kentucky Gov. Andy Beshear and Rep. Don Bacon join Margaret Brennan.
Tommy John, MLB All-Star pitcher who had a surgery named after him, dies at 83
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
Bacon says Congress "should have oversight" amid concerns about USS Lincoln
GOP Rep. Don Bacon of Nebraska said Congress should conduct oversight following concerns about conditions aboard the USS Abraham Lincoln, which is being replaced after a nearly nine-month deployment.
Beshear says he's "heard absolutely nothing" from McConnell
Kentucky Gov. Andy Beshear said he hasn't heard back from Sen. Mitch McConnell following formal requests for an update on his health last month amid a weekslong hospitalization.
Short pants: The long and the short of it
The summer of 1936 saw a heat wave so dangerous at least five thousand people died. It also saw the popularization of a cooler fashion alternative – shorts – which, in some jurisdictions, were illegal.
MoneyWatch
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CBS News poll on whether Democrats split over socialism
Americans think more young people in office would make politics better.
Hormuz chaos highlights risks for other global trade chokepoints
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
FDA upgrades egg recall linked to salmonella to highest risk level
U.S. food regulators say 1.6 million cartons of recalled eggs can "cause serious adverse health consequences or death."
How to get a refund for Trump tariffs struck down by Supreme Court
The U.S. has refunded more than $100 billion in illegal tariffs to businesses, and some of that money is going to consumers — here's what to know.
Walmart tomato soup kits recalled over Listeria risk, FDA says
The 14oz soup kits were distributed at Walmart stores in 29 states between June 30 and July 7, according to the FDA.
Politics
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Trump orders Pentagon to "substantially reduce" military exercises with South Korea
President Trump said Sunday that the joint military exercises with South Korea are costly and they "send a signal that is totally inappropriate and hostile" to North Korea.
Jared Kushner met with Hamas leaders in Egypt to discuss Gaza peace deal
Jared Kushner, who is President Trump's son-in-law, is set to meet next with Israeli Prime Minister Benjamin Netanyahu, who rejected the latest peace proposal last week.
Full transcript of "Face the Nation with Margaret Brennan," Aug. 16, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Kentucky Gov. Andy Beshear and Rep. Don Bacon join Margaret Brennan.
Bacon says Congress "should have oversight" amid concerns about USS Lincoln
GOP Rep. Don Bacon of Nebraska said Congress should conduct oversight following concerns about conditions aboard the USS Abraham Lincoln, which is being replaced after a nearly nine-month deployment.
Transcript: Rep. Don Bacon on "Face the Nation with Margaret Brennan," Aug. 16, 2026
The following is the transcript of an interview with Rep. Don Bacon, Republican of Nebraska, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
HealthWatch
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Mom-to-be had 2 signs of rare complication: "Everything kept getting worse"
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Maps and charts show record number of measles cases in U.S. this year
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Norah O'Donnell: I take testosterone. Here's why.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
World
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Jared Kushner met with Hamas leaders in Egypt to discuss Gaza peace deal
Jared Kushner, who is President Trump's son-in-law, is set to meet next with Israeli Prime Minister Benjamin Netanyahu, who rejected the latest peace proposal last week.
Transcript: Rep. Don Bacon on "Face the Nation with Margaret Brennan," Aug. 16, 2026
The following is the transcript of an interview with Rep. Don Bacon, Republican of Nebraska, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
Transcript: Pennsylvania state Rep. Chris Rabb on "Face the Nation with Margaret Brennan," Aug. 16, 2026
The following is the transcript of an interview with Pennsylvania state Rep. Chris Rabb, a Democrat, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
Transcript: Kentucky Gov. Andy Beshear on "Face the Nation with Margaret Brennan," Aug. 16, 2026
The following is the transcript of an interview with Kentucky Gov. Andy Beshear, a Democrat, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
4 Renaissance paintings stolen from museum in Italy
Local officials have expressed their dismay and sadness at the theft which occurred during celebrations of the Virgin Mary.
Entertainment
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Entertainment
Movie theaters boom amid studio hits
The box office has been booming in 2026, with five blockbuster hits making over $1 billion. Mark Strassmann has more details from Los Angeles.
8/16: Sunday Morning
Hosted by Jane Pauley. Featured: Weather becoming more extreme; Rahm Emanuel; The Eagles' Don Henley; ex-Amish, now social media creator Lovina Zook; trophy bull riding belt buckles; the iNaturalist app; and the long and short of short pants.
The Eagles' "Long Goodbye" farewell tour, now longer
The Eagles, one of the greatest old-school bands on Earth (and whose "Greatest Hits" compilation is the bestselling album in history), have extended their farewell tour, currently in residency at The Sphere in Las Vegas. Eagles co-founder Don Henley talks with correspondent Tracy Smith about the band's half-century relationship with their fans; the legacy of his late bandmate Glenn Frey; and how his pre-performance regimen has changed with age. (Originally broadcast Feb. 8, 2026.)
Almanac: August 16
"Sunday Morning" looks back at historical events on this date.
8/15: CBS Saturday Morning
Rain floods the Midwest as Lala looms over Hawaii. We look inside a spy satellite company. Plus, Putin's meeting with President Trump, a year later.
Technology
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Technology
States crack down on misleading home listings
More home listings are using AI to add furniture, repaint walls, spruce up landscaping and even add windows. But when does virtual staging cross the line into deception or even fraud? CBS News' Evyn Moon explores.
The iNaturalist app – Mixing science with fun
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species. (Originally broadcast March 22, 2026.)
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.
The silent spy game orbiting above Earth's skies
Above Earth's atmosphere, an arms race is unfolding. Thousands of miles above the ground, satellites from different companies and nations are observing us and each other. To learn more, Olivia Gazis traveled to Vantor, a Colorado-based satellite technology company.
Where to get the latest CBS Mornings Deals
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Science
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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.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Crime
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Security video helps lead to a masked killer who tried to hide the crime
Dr. Steven Milner, a well-respected Oregon veterinarian, was accused of stalking and disguising himself before murdering Kenny Fandrich — the husband of a former employee. Security cameras played a key role in how detectives pieced the case together.
Violent crime down in big cities
Violent crime numbers are down across many major U.S. cities. Ali Bauman is in Newark, New Jersey, which has seen a large drop in homicides.
5 hurt in Virginia State University shooting
Police say multiple suspects were involved in the Virginia State University campus shooting that wounded five on Saturday.
Mozart statuettes snatched in classical caper
To celebrate Mozart's 270th birthday this year, German artist Ottmar Hörl made 320 statuettes of the composer and his dog, Pimperl, placing them around Salzburg, Austria. However, the statuettes have been pilfered.
Italian art heist foiled
Five accused thieves are under arrest after police say they took $10 million worth of art from a private museum in an Italian villa.
Space
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New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
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.
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.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
100-year-old skydives in California
Ruby McNally is 100 years old, and she is leaping into the next century of life by skydiving, saying, "There's nothing to be scared of." Ashley Sharp has the story.
Movie theaters boom amid studio hits
The box office has been booming in 2026, with five blockbuster hits making over $1 billion. Mark Strassmann has more details from Los Angeles.
Tommy John dies at 83
Tributes poured in on Sunday for Tommy John. The baseball legend known as the "bionic man" has died at age 83. Shanelle Kaul reports from Yankee Stadium.
Europe endures its fifth heat wave this summer
Europe has been sweating through its fifth round of dangerously high temperatures since May. Ramy Inocencio is in London with more.
69% of Americans not satisfied with economy: poll
A new CBS News poll found 69% of Americans are not satisfied with how the economy is working. With the Iran war in its sixth month, there's still pain at the pump. Aaron Navarro has more.