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
Tankers attacked as Iran says it could abandon talks over Trump's threats
As many as three tankers came under attack in the Strait of Hormuz as the U.S. and Iran continued exchanging threats with peace talks on hold.
Trump weighs allowing Turkey to have F-35s as NATO summit begins
Amid simmering tensions between the U.S. and some NATO allies over Iran and Greenland, President Trump is tightening bonds with Turkey.
Sen. Bernie Sanders says he encouraged Graham Platner to step aside
Independent Sen. Bernie Sanders of Vermont said Tuesday that he spoke with Maine Democratic Senate nominee Graham Platner and recommended that he exit the Senate race.
Senate GOP leaders say they've talked with McConnell by phone
The top Republicans in the Senate spoke with the Kentucky Republican by phone this week, according to their spokespeople.
Prosecutors in LA announce charges against Indian syndicate "Bishnoi"
An indictment announced in Los Angeles accuses Lawrence Bishnoi and another defendant of ordering the killing of "H.S.N." — the apparent initials for Hardeep Singh Nijjar, who was gunned down on June 18, 2023, near a Sikh temple in Surrey, British Columbia.
Prince Harry loses long legal battle against U.K. tabloid publisher
Prince Harry has lost his case against the publisher of the Daily Mail and Mail on Sunday tabloids, with the top U.K. court dismissing claims of illegal information gathering.
Nara Organics infant formula linked to another case of botulism
The FDA is urging parents and caregivers to immediately stop using a Nara Organics-brand formula after several infants contracted botulism.
Mexico probing possible U.S. violation in drug lord capture: "Someone lied"
Mexico said it is investigating whether its sovereignty was violated by the United States in the 2024 capture of drug lord Ismael "El Mayo" Zambada.
Evidence found behind Cracker Barrel helps solve 1985 cold case murder
Ohio police say they've solved a man's 1985 murder using old evidence, including items found soon after the killing behind a Cracker Barrel in Georgia.
U.S.
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Senate GOP leaders say they've talked with McConnell by phone
The top Republicans in the Senate spoke with the Kentucky Republican by phone this week, according to their spokespeople.
USPS raising the price of a Forever stamp starting on Sunday
The cost of a first-class Forever stamp has climbed 41% since 2021, and postal officials have signaled they want prices to rise even more.
Prosecutors in LA announce charges against Indian syndicate "Bishnoi"
An indictment announced in Los Angeles accuses Lawrence Bishnoi and another defendant of ordering the killing of "H.S.N." — the apparent initials for Hardeep Singh Nijjar, who was gunned down on June 18, 2023, near a Sikh temple in Surrey, British Columbia.
Sen. Bernie Sanders says he encouraged Graham Platner to step aside
Independent Sen. Bernie Sanders of Vermont said Tuesday that he spoke with Maine Democratic Senate nominee Graham Platner and recommended that he exit the Senate race.
Video shows "well fed" great white shark eating whale off Rhode Island
A great white shark was captured feeding on the carcass of a humpback whale near Rhode Island, in rare video footage.
MoneyWatch
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USPS raising the price of a Forever stamp starting on Sunday
The cost of a first-class Forever stamp has climbed 41% since 2021, and postal officials have signaled they want prices to rise even more.
Nara Organics infant formula linked to another case of botulism
The FDA is urging parents and caregivers to immediately stop using a Nara Organics-brand formula after several infants contracted botulism.
Walmart cuts prices on thousands of items, including beef and soda
President Trump praised Walmart and said the lower prices are the result of "my Administration's request to celebrate our great Country's 250th birthday."
Toyota, in $3.6 billion move, shifting Tacoma production to Texas from Mexico
Toyota is shifting most production of its midsize Tacoma pickup truck from Mexico to the U.S. as part of a $3.6 billion investment in its Texas plant.
AI actor Tilly Norwood set to star in first feature film
AI-generated actor Tilly Norwood is set to star in her first feature film, with her creator saying that "art will be imitating life."
Politics
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Senate GOP leaders say they've talked with McConnell by phone
The top Republicans in the Senate spoke with the Kentucky Republican by phone this week, according to their spokespeople.
Prosecutors in LA announce charges against Indian syndicate "Bishnoi"
An indictment announced in Los Angeles accuses Lawrence Bishnoi and another defendant of ordering the killing of "H.S.N." — the apparent initials for Hardeep Singh Nijjar, who was gunned down on June 18, 2023, near a Sikh temple in Surrey, British Columbia.
Sen. Bernie Sanders says he encouraged Graham Platner to step aside
Independent Sen. Bernie Sanders of Vermont said Tuesday that he spoke with Maine Democratic Senate nominee Graham Platner and recommended that he exit the Senate race.
Rahm Emanuel expected to say Israel needs "significant changes" in speech
Rahm Emanuel is viewed as a potential Democratic presidential candidate and has been a longtime defender of Israel.
U.K. far-right leader Nigel Farage resigns as lawmaker in risky gamble
Populist British lawmaker Nigel Farage has resigned amid a financial scandal, but says he'll run in a snap election to reclaim his seat.
HealthWatch
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Nara Organics infant formula linked to another case of botulism
The FDA is urging parents and caregivers to immediately stop using a Nara Organics-brand formula after several infants contracted botulism.
Switching to a cheaper health plan delayed a man's access to vital medicine
A Florida man thought he had carefully planned for a seamless switch between health plans. It was anything but.
"Very unhealthy" pollution levels recorded in D.C. after July 4th fireworks
A "purple" air quality alert was issued for Washington, D.C., and surrounding areas, on Sunday, meaning pollution reached levels considered "very unhealthy."
1 symptom leads to dad's cancer diagnosis: "I was like, 'Wait, what?'"
Eric Dillon thought the pain in his shoulder was a minor injury. It took two years to get the real answer.
Why tick season is expected to be worse than normal
The CDC is reporting the highest rate of emergency room visits from tick bites since 2017 in many parts of the U.S.
World
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Mexico probing possible U.S. violation in drug lord capture: "Someone lied"
Mexico said it is investigating whether its sovereignty was violated by the United States in the 2024 capture of drug lord Ismael "El Mayo" Zambada.
Rahm Emanuel expected to say Israel needs "significant changes" in speech
Rahm Emanuel is viewed as a potential Democratic presidential candidate and has been a longtime defender of Israel.
U.K. far-right leader Nigel Farage resigns as lawmaker in risky gamble
Populist British lawmaker Nigel Farage has resigned amid a financial scandal, but says he'll run in a snap election to reclaim his seat.
Prince Harry loses long legal battle against U.K. tabloid publisher
Prince Harry has lost his case against the publisher of the Daily Mail and Mail on Sunday tabloids, with the top U.K. court dismissing claims of illegal information gathering.
French right-wing leader Marine Le Pen cleared to run in 2027 election
Le Pen is now eligible to run in the forthcoming election, but would have to do so wearing an electronic tag, something she has previously ruled out.
Entertainment
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Prince Harry loses long legal battle against U.K. tabloid publisher
Prince Harry has lost his case against the publisher of the Daily Mail and Mail on Sunday tabloids, with the top U.K. court dismissing claims of illegal information gathering.
Common on starring in "Silo" series
Common speaks to "CBS Mornings" about starring in the series "Silo," which is back for a third season. The Oscar, Emmy and Grammy Award winner reveals what drew him to his character. He also discusses recent performances, including at the BET Awards and the opening of the Obama Presidential Center.
Sophie Chen Keller reads "Little Wonder"
Oprah Winfrey selected "Little Wonder" by acclaimed author Sophie Chen Keller as her latest book club pick. Keller reads an excerpt from her novel about an extraordinary journey of hope and love.
Details emerge of Swift-Kelce wedding
The highly anticipated wedding between pop superstar Taylor Swift and Kansas City Chiefs Pro Bowler Travis Kelce took place at Madison Square Garden on Friday. Page Six senior reporter Carlos Greer joins with the emerging details.
AI actor Tilly Norwood set to star in first feature film
AI-generated actor Tilly Norwood is set to star in her first feature film, with her creator saying that "art will be imitating life."
Technology
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Microsoft to cut more than 3,000 jobs from ailing Xbox unit
Microsoft moves to slash costs as the video game industry faces what the tech giant calls the "most severe hardware crisis in its history."
Why U.S. initially restricted Anthropic AI models
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
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.
White House lifted AI limits, Anthropic says
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Science
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2,000-year-old gold rings and human bones found by archaeologists
Archaeologists have discovered eight human skeletons, bronze and gold jewelry and other artifacts indicating a ceremonial burial of wealthy people.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
The American innovation that made millions of others possible
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
New White House UFO panel chair speaks out
The White House appointed former Harvard University astronomer Avi Loeb to lead its new panel on Unidentified Anomalous Phenomena, also known as UAPs and UFOs. Loeb shares his enthusiasm for his new role.
3 futurists predict what America will be like in the centuries ahead
From space to healthcare and artificial intelligence, what could the next 250 years of the United States look like?
Crime
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Mexico probing possible U.S. violation in drug lord capture: "Someone lied"
Mexico said it is investigating whether its sovereignty was violated by the United States in the 2024 capture of drug lord Ismael "El Mayo" Zambada.
Charlie Kirk murder suspect in court
Charlie Kirk's alleged killer, Tyler Robinson, is back in a Utah court for a preliminary hearing. CBS News' Katrina Kaufman has more details.
Ex-college hoops star accused of posing as other people in $2.2M scam
Kerr Kriisa posed as other people and falsely claimed he and his family urgently needed money to deal with an emergency, the indictment says.
Democrats tell Platner to leave Senate race
Democratic leadership is pushing Maine's Graham Platner to remove himself from the Senate race after a former partner accused Platner of sexual assault. CBS News' Caitlin Huey-Burns has the latest details.
Prosecutors present case against Kirk suspect
Prosecutors in Utah began presenting their case on Monday against Tyler Robinson, who is accused of killing Charlie Kirk, during a five-day preliminary hearing. Prosecutors are aiming to prove they have enough evidence to move forward with a murder trial against Robinson, who has not yet entered a plea. Carter Evans reports.
Space
More Space
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
NASA astronauts operate on space station's broken robot arm
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Latest Galleries
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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.
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.
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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Trump-linked firms pressed on IRS settlement
Senate Democrats including Elizabeth Warren, Ron Wyden, and Chuck Schumer are pressing businesses linked to President Trump about his settlement with the IRS barring the agency from pursuing certain tax claims against him, questioning whether it covers affiliated firms. Jake Rosen reports.
Charlie Kirk murder suspect in court
Charlie Kirk's alleged killer, Tyler Robinson, is back in a Utah court for a preliminary hearing. CBS News' Katrina Kaufman has more details.
Sanders says he told Platner to drop out
Sen. Bernie Sanders says he told Graham Platner to drop out of his Senate race in Maine after a woman accused Platner of sexual assault. CBS News' Fin Gómez has more.
Sen. Durbin on Trump lifting Turkey sanctions
Illinois Democratic Sen. Dick Durbin joins CBS News 24/7 to discuss President Trump's announcement at the NATO summit that he's lifting U.S. sanctions on Turkey.
Mamdani on urgent NYC building situation
New York City Mayor Zohran Mamdani provided updates after firefighters responded to a construction site following concerns about a building at risk of collapse. Several surrounding buildings have been evacuated.