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.
U.S.
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
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
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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.