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
Iran "negotiating on fumes," Trump says, as U.S. conducts new strikes
The U.S. and Iran had appeared ready to de-escalate before the U.S. military conducted what it said were defensive strikes against Iran on Wednesday.
Ex-judges push to look into "anti-weaponization fund" deal
A group of 35 former federal judges asked a court to reopen a legal dispute between President Trump and the government, calling the deal to create a $1.776 billion "anti-weaponization fund" potentially fraudulent.
Exclusive
Trump visited soldiers at Walter Reed, but not the 14 injured in the Iran war
More than a dozen soldiers injured in Operation Epic Fury are still recovering at the military hospital.
U.S. carries out new strikes against Iranian military site, official says
The U.S. military carried out another round of strikes on Iran, a U.S. official confirmed to CBS News, another challenge to a shaky ceasefire.
Ex-CIA official arrested after $40M in gold bars allegedly found at his home
A former CIA official was arrested after FBI agents allegedly found $40 million worth of gold bars at his home while investigating whether he lied about his background.
2 dead, 9 workers "unrecovered" after Washington chemical tank implosion
The damaged tank at Nippon Dynawave Packaging Co. held approximately 900,000 gallons of white liquor, a chemical used in paper processing, authorities said.
DOJ investigating whether Trump accuser E. Jean Carroll committed perjury
The Justice Department is conducting a criminal investigation into whether author E. Jean Carroll committed perjury in connection with her civil lawsuits against President Trump, sources familiar with the matter said.
Google employee accused of making over $1.2M by insider trading on Polymarket
A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting more than $1.2 million in profits.
Fire at girls' school in Kenya kills at least 16 students, injures scores more
A fire at a school for girls in central Kenya has caused an unknown number of deaths, according to police, who said search teams have been deployed.
U.S.
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DOJ investigating whether Trump accuser E. Jean Carroll committed perjury
The Justice Department is conducting a criminal investigation into whether author E. Jean Carroll committed perjury in connection with her civil lawsuits against President Trump, sources familiar with the matter said.
Ex-judges push to look into "anti-weaponization fund" deal
A group of 35 former federal judges asked a court to reopen a legal dispute between President Trump and the government, calling the deal to create a $1.776 billion "anti-weaponization fund" potentially fraudulent.
New York City man sentenced to 10 years in plot to kill Iranian American writer
A federal judge has given a onetime truck and bus driver charged in an assassination plot against an Iranian American writer a 10-year prison sentence.
Exclusive
Top FEMA official Bob Fenton says "we're ready for hurricane season"
FEMA says it's ready for hurricane season, though it's still racing to recover from months of shutdown disruptions, delayed grants and a depleted Disaster Relief Fund.
Exclusive
Trump visited soldiers at Walter Reed — but not the 14 injured in the Iran war
More than a dozen soldiers injured in Operation Epic Fury are still recovering at the military hospital.
MoneyWatch
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Google employee accused of making over $1.2M by insider trading on Polymarket
A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting more than $1.2 million in profits.
YouTube taking steps to make clear when realistic videos are made by AI
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
Stocks are rallying despite the Iran war and stubborn inflation. Here's why.
The S&P 500 hit a new record on Wednesday, even as soaring gas prices fuel inflation and consumer confidence sinks.
Conservative tech critic seen as leading candidate to be DOJ antitrust chief
The former assistant attorney general for the Justice Department Antitrust Division, Gail Slater, was abruptly terminated in February after clashes with Pam Bondi and Todd Blanche.
How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
Politics
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DOJ investigating whether Trump accuser E. Jean Carroll committed perjury
The Justice Department is conducting a criminal investigation into whether author E. Jean Carroll committed perjury in connection with her civil lawsuits against President Trump, sources familiar with the matter said.
Google employee accused of making over $1.2M by insider trading on Polymarket
A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting more than $1.2 million in profits.
Ex-CIA official arrested after $40M in gold bars allegedly found at his home
A former CIA official was arrested after FBI agents allegedly found $40 million worth of gold bars at his home while investigating whether he lied about his background.
Ex-judges push to look into "anti-weaponization fund" deal
A group of 35 former federal judges asked a court to reopen a legal dispute between President Trump and the government, calling the deal to create a $1.776 billion "anti-weaponization fund" potentially fraudulent.
U.S. carries out new strikes against Iranian military site, official says
The U.S. military carried out another round of strikes on Iran, a U.S. official confirmed to CBS News on Wednesday, another challenge to a shaky ceasefire between the two countries.
HealthWatch
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HealthWatch
Rubio: No more Ebola patients allowed in U.S.
The Trump administration announced plans to set up an Ebola quarantine and treatment center in Kenya for Americans exposed to the deadly virus overseas. Secretary of State Marco Rubio is now saying no Ebola patients will be allowed into the U.S. Mark Strassmann reports.
Americans speak on health insurance costs
In the 1800s, Hartford, Connecticut, picked up the nickname, "The Insurance Capital of the World." Tony Dokoupil visits the city to ask people about rising insurance and healthcare costs.
Uganda closes its border with Congo over Ebola outbreak
Uganda on Wednesday ordered the closure of its border with Congo, where suspected cases of a rare type of Ebola are surging.
Sponsored
TV host Ty Pennington on bronchiectasis
HGTV host and designer Ty Pennington opens up about his mother's yearslong battle with bronchiectasis, a chronic lung condition that often goes undiagnosed, and shares tips for caregivers on creating a calm environment. (Sponsored by Insmed)
Trump has third medical exam of the past year
President Trump said his health "checked out perfectly" after a medical checkup on Tuesday. Nancy Cordes reports.
World
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Another alleged drug boat struck by U.S. military in eastern Pacific, killing 2
The U.S. military said it struck another vessel suspected of transporting drugs in the eastern Pacific Ocean, killing two men, the day after it said a similar strike killed one man and left two survivors.
Fire at girls' school in Kenya kills at least 16 students, injures scores more
A fire at a school for girls in central Kenya has caused an unknown number of deaths, according to police, who said search teams have been deployed.
U.S. carries out new strikes against Iranian military site, official says
The U.S. military carried out another round of strikes on Iran, a U.S. official confirmed to CBS News on Wednesday, another challenge to a shaky ceasefire between the two countries.
Uganda closes its border with Congo over Ebola outbreak
Uganda on Wednesday ordered the closure of its border with Congo, where suspected cases of a rare type of Ebola are surging.
Exclusive
Trump visited soldiers at Walter Reed — but not the 14 injured in the Iran war
More than a dozen soldiers injured in Operation Epic Fury are still recovering at the military hospital.
Entertainment
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Entertainment
Estelle on her latest album "Stay Alta"
Grammy Award-winning artist Estelle released her sixth studio album, titled "Stay Alta," and joins CBS News 24/7 Mornings to reflect on her career and discuss what this record means for her.
Josh Johnson on new special, career in comedy
Comedian Josh Johnson talks with "CBS Mornings" about finding humor in everyday life, how storytelling is at the center of his jokes and his first HBO special, "Symphony."
Top moments from the American Music Awards
There were 12 new categories this year at the American Music Awards, which were held on Memorial Day. For the second time at the awards show, BTS took home the night's biggest prize.
Extended interview: Josh Johnson
Comedian Josh Johnson talks to CBS News' Vladimir Duthiers about his journey from becoming a writer to a correspondent and host on "The Daily Show," his new special, "Josh Johnson: Symphony" on HBO Max, how his family influenced his comedy and more.
Sonny Rollins, trailblazing jazz saxophonist, dies at age 95
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
Technology
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Technology
YouTube revamping its AI labeling system
YouTube unveiled a new AI labeling system on Wednesday, aiming to make it easier for viewers to distinguish between real and AI content. CNET editor-at-large Scott Stein joins CBS News to break down the change.
YouTube taking steps to make clear when realistic videos are made by AI
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
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.
Study evaluates AI's accuracy on news
More than 1 billion people worldwide use artificial intelligence chatbots, but just how accurate are the answers? Forum AI released results from its latest study to determine the accuracy of chatbots in news and current events. Robbie Goldfarb, co-founder of Forum AI, joins CBS News to discuss.
How the U.S. military is using AI in warfare
CBS News' Chris Livesay gets an inside look at how the U.S. military is using artificial intelligence on the battlefield.
Science
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New species of blue octopus discovered 5,900 feet underwater
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
What we know about new UFO file release
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
Atlantic hurricane season is coming up. Here's what NOAA predicts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Crime
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Crime
Teen charged in cruise killing to remain free for now
Timothy Hudson, the 16-year-old charged with sexually assaulting and killing his 18-year-old stepsister, Anna Kepner, will remain free for now while a judge considers arguments following a hearing Wednesday. CBS News' Katrina Kaufman has the latest updates.
New evidence in Bahamas disappearance
New forensic evidence appears to contradict Brian Hooker's account of where he says he was the night his wife Lynette went missing in the Bahamas. Cristian Benavides has the details.
Matthew Perry's assistant sentenced
"Friends" star Matthew Perry drowned in his hot tub in 2023 under the effects of ketamine. The 54-year-old's longtime personal assistant, who gave him the fatal injection, pleaded guilty to conspiracy and was sentenced to over three years in prison.
Clues in the Lynette Hooker investigation
An infrared camera mounted on the sailboat used by Brian and Lynette Hooker in the Bahamas could contain clues about her disappearance, CBS News has learned. Cristian Benavides has more.
China executes man for poisoning billionaire Netflix producer
Xu Yao was found guilty of killing Lin Qi, the founder of the company that holds the film adaptation rights for the blockbuster sci-fi trilogy "The Three-Body Problem."
Space
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NASA's moon base plans include landers, buggies and drones for 2028 mission
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
SpaceX launches more powerful Super Heavy-Starship rocket
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
SpaceX launch of more powerful Super Heavy-Starship rocket scrubbed at last minute
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
SpaceX to explore "the true nature of the universe" as it plans IPO
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
5/27: CBS Evening News
Latest details on Washington state chemical tank rupture; Trump's optimism on an Iran peace deal seems to waver.
5/27: The Takeout with Major Garrett
Takeaways from Texas primary runoffs; Trump paints murky picture of Iran peace talks.
New analysis on CEO compensation growth
New data shows the median compensation for CEOs of S&P 500 companies grew almost 6% in 2025, reaching $17.7 million. This uptick marks the smallest annual growth rate since 2022, when the median pay grew just about 1%. The figures come from the Associated Press' CEO compensation survey. Ken Sweet, a banking reporter for the AP who helped write the analysis, joins "The Daily Report" to discuss.
Teen charged in cruise killing to remain free for now
Timothy Hudson, the 16-year-old charged with sexually assaulting and killing his 18-year-old stepsister, Anna Kepner, will remain free for now while a judge considers arguments following a hearing Wednesday. CBS News' Katrina Kaufman has the latest updates.
Biden sues to block release of biographer audio
Former President Joe Biden is suing the Justice Department to block the release of audio and transcripts from his private interviews with a ghostwriter that later became part of a special counsel investigation into his handling of classified documents. CBS News legal contributor Jessica Levinson has more.