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FTX co-founder Sam Bankman-Fried sentenced to 25 years in prison
Former billionaire Sam Bankman-Fried was convicted for orchestrating a massive financial fraud that led to downfall of crypto trading platform FTX.
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Former billionaire Sam Bankman-Fried was convicted for orchestrating a massive financial fraud that led to downfall of crypto trading platform FTX.
Prosecutors wrote in a letter that evidence presented at a second trial would duplicate evidence already shown to the jury in the first trial.
The former billionaire cryptocurrency mogul faces a potential prison term of more than a century following his conviction.
FTX founder Sam Bankman-Fried left a federal courtroom in handcuffs Friday when a judge revoked his bail after concluding that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him.
Court papers were delivered to the Hall of Famer after he eluded them for months, an attorney said.
There was no immediate word from the Heat or the county on when the process will begin.
There was no immediate word from the Heat or the county on when the process will begin.
FTX founder duped customers by using their crypto to pay debts at hedge fund Alameda Research, prosecutors say.
The FTX founder was ordered to home confinement at his parents' home in Palo Alto, California.
Bankman-Fried was arrested on charges including wire fraud and conspiracy related to the collapse of his cryptocurrency exchange.
Sam Bankman-Fried was arrested on charges including wire fraud and conspiracy related to the collapse of his cryptocurrency exchange.
Former FTX CEO tweeted that he's limited to what he can say and "won't be as helpful" as he would like to be.
Some of those assets are believed to have been seized by government officials in Bahamas, where company is based.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
The first night of the Democratic National Convention walked the line between "thank you Joe" and "we are moving forward."
A woman who says she is a psychologist appeared before a Miami-Dade judge, accused of trying to lure a 15-year-old girl into human trafficking in Southwest Miami-Dade.
Florida is taking a backseat in this year's presidential election. Literally a backseat.
A pizza shop owner said his restaurant's name was misused in a scheme causing customer complaints and reputation damage.
Black widow spiders are known for their distinct look and painful bites. Learn how to deal with black widows.
The first night of the Democratic National Convention walked the line between "thank you Joe" and "we are moving forward."
A woman who says she is a psychologist appeared before a Miami-Dade judge, accused of trying to lure a 15-year-old girl into human trafficking in Southwest Miami-Dade.
Florida is taking a backseat in this year's presidential election. Literally a backseat.
The CBS Miami Nat Moore Trophy recognizes the top high school football player in Miami-Dade, Broward and Monroe counties.
Join CBS Miami at Toyota of Hollywood for the chance to become a contestant on The Price is Right.
The American Automobile Association said this is a dangerous time of year for young drivers.
Florida insurance companies made money last year for the first time in seven years.
The U.S. Supreme Court is scheduled Sept. 26 to discuss whether it will hear a First Amendment challenge to a 2021 Florida law that placed restrictions on major social-media companies.
The number of people traveling to Florida during the second quarter of 2023 decreased compared to a year earlier, according to estimates released Wednesday by the state's tourism-marketing agency.
Gov. Ron DeSantis on Monday said Walt Disney Parks and Resorts should drop a federal lawsuit that claims retaliation by the state and accept changes to a special district that long benefited the theme-park giant.
The first night of the Democratic National Convention walked the line between "thank you Joe" and "we are moving forward."
Florida is taking a backseat in this year's presidential election. Literally a backseat.
The new U.S. strategy to combat plastics waste covers five areas: plastic production, product design, waste generation, waste management and plastic capture and removal.
Florida is a closed primary. Voters must be registered as either a Democrat or Republican.
Rep. Mike Turner, chairman of the House Intelligence Committee, said Iran could declare itself a nuclear weapons state "by the end of the year."
In this special live edition of Facing South Florida, Jim DeFede takes a look at the major races for the Florida Primary.
Jim DeFede goes one-on-one with Broward School Board Chair Lori Alhadeff on a number of topics.
Jim DeFede focuses on the controversy with Miami-Dade Commissioner and former Doral Mayor JC Bermudez.
Jim DeFede focuses on the crisis in Venezuela with the director of the well-respected website Caracas Chronicles.
Jim DeFede goes one-on-one with the congresswoman on two major issues.
Perdue Foods is recalling more than 167,000 pounds of frozen chicken nuggets and tenders after some customers reported finding metal wire embedded in the products.
The National Association of EMS Officials recommends "Cool First, Transport Second" for patients whose body temperature is over 104 degrees.
Parents and other caregivers urged to stop using loungers linked to 5 fatalities and an infant bed tied to 1 death.
Florida cucumber grower used untreated canal water found to be tainted with salmonella bacteria, laboratory tests found.
Officials have been warning of a return to the pre-pandemic trends of pertussis, also known as whooping cough.
Black widow spiders are known for their distinct look and painful bites. Learn how to deal with black widows.
Get serious money back from the government for installing a battery backup system in your home.
Feel free to swim, bathe or sweat your heart out when wearing one of these trackers – they can take it!
Outdoor grilling season is still in full swing. Check out the top propane grills of 2024 to keep the flavor going all year long.
Hinge and Bumble are two of the most popular dating apps of 2024. We compare the two to see which is better.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
The American Automobile Association said this is a dangerous time of year for young drivers.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
There are two sales tax holidays for hurricane supplies
Has mom and dad's bank been open too long at your house?
Phil Donahue, a celebrated daytime talk show host who pioneered the television staple, died after a long illness, his publicist said in a statement.
John Aprea landed his first break in the 1967 Steve McQueen classic "Bullitt" before landing the role of young Salvatore "Sal" Tessio in "The Godfather Part II."
His comic novels set in Florida target the darkness which can cloud the Sunshine State. Now, Hiaasen's 2013 bestseller about a failed detective, murder, and a misbehaving monkey is an Apple TV+ series starring Vince Vaughn.
There were 37 bids for the iconic hat won by Harrison Ford, who played the intrepid archaeologist, Indiana Jones, according to the auction house Propstore.
Céline Dion shared an inside look at the lead-up to her spectacular performance during the 2024 Paris Olympics' opening ceremony.