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
Trump says Iran deal not final, will resume bombing "if they don't behave"
President Trump warns he could order new strikes if Iran's leaders "don't behave," two days before the expected signing of a deal that remains vaguely defined.
Exclusive
Veteran fights to prevent wife's deportation: "I'm begging my own country"
Retired staff sergeant Wilmer Trujillo, who served roughly 20 years in the U.S. Army and the Texas National Guard, is asking ICE to release his wife of six years.
Exclusive
"The most famous judge in America, for a while," on highs and lows of a Trump trial
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
Trump puts Jay Clayton's nomination for intel chief on hold
The president says he's trying to force Congress to pass a voter ID bill that currently lacks enough support to be approved.
What to expect as Kevin Warsh leads his first Fed interest rate meeting
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
Trump invokes Defense Production Act to boost weapons manufacturing
President Trump has invoked the Defense Production Act to address constraints in the production of munitions, according to a presidential memo released Tuesday.
Detainees moved out of "Alligator Alcatraz" over hurricane concerns, ICE says
ICE has moved detainees out of a controversial soft-sided detention center in the Florida Everglades known as "Alligator Alcatraz," a spokesperson said, citing safety concerns around hurricane season.
Messi ties men's World Cup goals record with first World Cup hat trick
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
Rex Heuermann faces sentencing for Gilgo Beach serial killings
Rex Heuermann will be sentenced after he pleaded guilty to killing seven women in a series of murders known as the Gilgo Beach serial killings.
U.S.
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"The most famous judge in America, for a while," on highs and lows of a Trump trial
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
Exclusive
Veteran fights to prevent wife's deportation: "I'm begging my own country"
Retired staff sergeant Wilmer Trujillo, who served roughly 20 years in the U.S. Army and the Texas National Guard, is asking ICE to release his wife of six years.
Want to start a business? AI can help, business owners say
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
Dramatic rescue efforts after fiery small plane crash in Texas kills 1
A business jet with six on board crashed on a Laredo, Texas, highway and caught fire, killing one person and causing chaos as passersby frantically tried to save those inside.
Trump-backed Barry Moore projected to win runoff in Alabama GOP Senate primary
Rep. Barry Moore won the Republican Senate runoff in Alabama on Tuesday night, CBS News projects, defeating political newcomer and U.S. Navy Seal Jared Hudson.
MoneyWatch
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Want to start a business? AI can help, business owners say
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
What to expect as Kevin Warsh leads his first Fed interest rate meeting
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
Yum! Brands sells struggling Pizza Hut in $2.7 billion deal
The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
Electricity costs expected to hit record this summer, new analysis finds
A new analysis projects how much Americans will pay for electricity from June to September, depending on their state of residence.
Politics
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Exclusive
"The most famous judge in America, for a while," on highs and lows of a Trump trial
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
Exclusive
Veteran fights to prevent wife's deportation: "I'm begging my own country"
Retired staff sergeant Wilmer Trujillo, who served roughly 20 years in the U.S. Army and the Texas National Guard, is asking ICE to release his wife of six years.
Robert White wins Democratic primary for D.C. delegate to Congress
Robert White's win in the heavily Democratic city sets him up to take the top spot in November's general elections, when he could replace 18-term delegate Eleanor Holmes Norton.
Trump puts Jay Clayton's nomination for intel chief on hold
President Trump delayed Jay Clayton's nomination to lead the U.S. intelligence community, saying he's trying to force Congress to pass a voter ID bill that currently lacks enough support to be approved.
Detainees moved out of "Alligator Alcatraz" over hurricane concerns, ICE says
ICE has moved detainees out of a controversial soft-sided detention center in the Florida Everglades known as "Alligator Alcatraz," a spokesperson said, citing safety concerns around hurricane season.
HealthWatch
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Ebola outbreak still spreading in Congo: "We are missing cases"
A WHO official tells CBS News Ebola is still spreading in Congo after a month, as experts race to contain the outbreak in Central Africa.
American doctor who recovered from Ebola back in U.S., says he's "feeling well"
Dr. Peter Stafford, his wife, Rebekah Stafford, and their four children all arrived safely on Monday, according to Serge, a Pennsylvania-based Christian missions organization.
They're uninsured after Obamacare became too costly. They're far from alone.
After congressional Republicans let expanded subsidies for Affordable Care Act plans expire at the end of last year, some families have decided the price is too great of a financial burden and canceled their coverage.
Organic formula recalled after 3 babies diagnosed with infant botulism
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
6/14: Sunday Morning
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
World
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Live
Trump says Iran deal not final, will resume bombing "if they don't behave"
President Trump warns he could order new strikes if Iran's leaders "don't behave," two days before the expected signing of a deal that remains vaguely defined.
Latest U.S. strike on alleged drug boat kills 1, leaves 2 survivors, Pentagon says
Critics have questioned the overall legality of the boat strikes as well as their effectiveness since the U.S. military began them in September 2025.
Senate rejects latest resolution to limit Trump's Iran war powers
The Senate narrowly rejected a war powers resolution on Iran as President Trump touts a framework agreement with Tehran to end the monthslong conflict.
Dead or stranded: Commercial sailors suffer in the Strait of Hormuz
India alone has more than 18,000 sailors stuck across the Persian Gulf region. Some tell CBS News it feels like they're "in jail."
Russian artist and Putin critic shot dead in Poland
Semyon Skrepetsky was known for performances and artwork attacking Russian President Vladimir Putin and other authoritarian leaders.
Entertainment
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Messi ties men's World Cup goals record with first World Cup hat trick
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
America250 announces concert headliners, host
Chris Stapleton and The Smashing Pumpkins are set to headline America250's "America's Block Party Concert," with Queen Latifah set to host. Rosie Rios, the chair of America250, joins CBS News 24/7 with more.
A look at the adaptation of "I Will Find You"
Harlan Coben talks about casting for the Netflix adaptation of his 2023 bestselling novel "I Will Find You." The series stars Sam Worthington, who describes how fatherhood impacted him in his role and how he sees his character.
"Star Wars" lightsaber and more iconic film props going up for auction
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
Serena and Venus Williams to play doubles together again, at Wimbledon
Serena and Venus Williams are getting back together as a doubles team, at Wimbledon. The last time the sisters were a doubles duo was at the 2022 U.S. Open, where they lost their opening match.
Technology
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Want to start a business? AI can help, business owners say
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
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.
Anthropic to meet Trump officials, Axios says
Anthropic's senior staff is planning to meet with White House officials amid a recent dispute over the company's safety measures. Maria Curi, a tech reporter for Axios, has more.
U.K. announces plan to ban social media for children under 16
U.K. Prime Minister Keir Starmer hopes to have a ban on kids using social media that is "designed to be addictive" enacted by early next year.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
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Crime
5 arrested in White House UFC attack plot
The FBI says it foiled a plot to attack Sunday's UFC event at the White House. Court records detail an alleged plot to use drones carrying explosives and snipers to target certain event attendees. CBS News' Katrina Kaufman has the latest.
Gilgo Beach serial killer to be sentenced
Rex Heuermann, the man who pleaded guilty in April to the Gilgo Beach murders, is set to be sentenced on Wednesday. Tom Hanson reports on how the case unfolded.
Rex Heuermann faces sentencing for Gilgo Beach serial killings
Rex Heuermann will be sentenced after he pleaded guilty to killing seven women in a series of murders known as the Gilgo Beach serial killings.
Former FBI agent on alleged UFC attack plot
Law enforcement sources tell CBS News officials allegedly seized weapons, thousands of rounds of ammunition, and tactical gear while conducting search warrants in connection with the foiled plot to attack the UFC event at the White House over the weekend. CBS News security and law enforcement contributor Lance Leising has more.
Police: Wilmington shooting suspect at large
Police in Delaware are still searching for a suspect who shot two people at Wilmington Hospital on Tuesday, officials said at a news conference. At least one person is dead and another injured.
Space
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NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
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.
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?
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
Judge reflects on highs and lows of Trump fraud trial
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the Trump civil fraud trial that made him "the most famous judge in America, for a while."
Messi ties record for men's World Cup goals
Lionel Messi on Tuesday became the first man to play in six World Cups. He scored three goals to help lead Argentina over Algeria in their opening match and now has 16 World Cup goals, which is tied for the most of all time.
Reaction to Iran deal amid limited details
As President Trump touts the U.S.-Iran deal to world leaders at the G7 summit, some Republicans in Congress are expressing skepticism and want to see the agreement. Details remain limited as the full text has yet to be released. Nancy Cordes has more.
5 arrested in White House UFC attack plot
The FBI says it foiled a plot to attack Sunday's UFC event at the White House. Court records detail an alleged plot to use drones carrying explosives and snipers to target certain event attendees. CBS News' Katrina Kaufman has the latest.
Gilgo Beach serial killer to be sentenced
Rex Heuermann, the man who pleaded guilty in April to the Gilgo Beach murders, is set to be sentenced on Wednesday. Tom Hanson reports on how the case unfolded.