Caroline Ellison, former FTX executive, sentenced to 24 months in prison
Ellison, a former top executive for Sam Bankman-Friend's crypto hedge fund, was sentenced Tuesday for fraud.
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Ellison, a former top executive for Sam Bankman-Friend's crypto hedge fund, was sentenced Tuesday for fraud.
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.
Sam Bankman-Fried, who oversaw the shocking collapse of cryptocurrency exchange FTX, could be sentenced to more than 100 years in prison after he was found guilty in one of the biggest fraud cases in U.S. history. Errol Barnett has more.
The former billionaire cryptocurrency mogul faces a potential prison term of more than a century following his conviction.
FTX founder and former cryptocurrency billionaire Sam Bankman-Fried has been found guilty on all counts against him, which means he could spend the rest of his life behind bars. CBS New York's Jenna DeAngelis reports. Read more: https://cbsloc.al/45T35Xv
The former crypto billionaire pleaded not guilty to fraud and money laundering charges in his first court appearance since his bail was revoked.
Sam Bankman-Fried is accused of cheating his customers out of millions of dollars. CBS New York's Elijah Westbrook has the details.
Court papers were delivered to the Hall of Famer after he eluded them for months, an attorney said.
Attorneys had been given a deadline of Monday to serve O'Neal, who they claimed had been avoiding service for several months.
Bankman-Fried is accused of deceiving investors out of millions of dollars before FTX collapsed last November.
A Manhattan judge has extended bail restrictions on the founder of the failed cryptocurrency exchange FTX.
Crypto-currency entrepreneur Sam Bankman-Fried pleaded not guilty Tuesday, according to his lawyer.
FTX founder duped customers by using their crypto to pay debts at hedge fund Alameda Research, prosecutors say.
Sam Bankman-Fried is due in a Manhattan federal courtroom Tuesday afternoon.
The FTX founder was ordered to home confinement at his parents' home in Palo Alto, California.
The co-founder of FTX faced a judge and is now set to live with his parents while he awaits trial, CBS2's Kevin Rincon reports.
Word of the agreements came on the same day Bankman-Fried was being flown back to the U.S. from the Bahamas to face fraud charges.
The former boss of the failed crypto currency exchange FTX has been extradited from the Bahamas and is believed to here in New York. CBS2's Dick Brennan reports.
Securities regulators claim Sam Bankman-Fried built a "house of cards" while telling investors their money was safe.
The golden boy of cryptocurrency is now being compared to Bernie Madoff. As prosecutors accuse Samuel Bankman-Fried of knowingly taking investors' money and using it to finance his personal hedge fund. CBS2's Jessica Moore has the latest on the unsealed indictment as prosecutors say he even tried to buy power in Washington.
Bankman-Fried was arrested on charges including wire fraud and conspiracy related to the collapse of his cryptocurrency exchange.
Samuel Bankman-Fried was arrested Monday in the Bahamas the request of federal prosecutors. CBS2's Elijah Westbrook has the details.
FTX was one of the world's largest cryptocurrencies before it collapsed last month, leaving at least 1 million investors unable to access their funds. CBS2's Kristine Johnson reports.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
Some homeowners in an affordable housing program in Queens say their dreams turned into nightmares as they encountered issue after issue at their newly rehabbed homes.
Kathryn Ruemmler served as White House counsel under former President Barack Obama.
Several websites allegedly falsely claiming to be local florists are getting hundreds of complaints from across the country, according to the Better Business Bureau.
Authorities on Thursday released the first physical description of a male suspect wanted in connection with the Arizona disappearance of Nancy Guthrie.
Starting Monday, big changes to the New York Department of Motor Vehicles point system will result in steeper penalties for dangerous drivers.
Some homeowners in an affordable housing program in Queens say their dreams turned into nightmares as they encountered issue after issue at their newly rehabbed homes.
Starting Monday, big changes to the New York Department of Motor Vehicles point system will result in steeper penalties for dangerous drivers.
The Portal North Bridge in New Jersey is nearing completion, and when done will mark a major milestone for commuters along the Northeast Corridor.
Hicksville is New York's first school district to ban e-bikes after alarming statistics revealed at least 12 people, mostly young Long Islanders, died on them in the past three years.
The Diocese of Brooklyn says it wants to settle roughly 1,100 sexual abuse cases and compensate the remaining survivors, but it may not be their preferred form of justice.
New Yorkers felt much better on Tuesday as a warm front moved toward the region. But, snow and ice could make for a potentially dangerous evening.
A Cold Weather Advisory is in place through 10 a.m. on Monday for the entire Tri-State Area. As a result, a First Alert Weather Day will be in play for at least part of the day.
A Connecticut man was arrested after allegedly driving drunk in the Bronx and hitting pedestrians on a sidewalk Friday.
Parts of New York and Connecticut could see snow Friday into Saturday. A First Alert Weather Day is in effect for the weekend due to dangerously cold temperatures.
Bundle up — New York City and the Tri-State Area's stretch of dangerously cold weather continues, and it's sticking around longer than anyone would like.
Several websites allegedly falsely claiming to be local florists are getting hundreds of complaints from across the country, according to the Better Business Bureau.
The Portal North Bridge in New Jersey is nearing completion, and when done will mark a major milestone for commuters along the Northeast Corridor.
New Jersey Gov. Mikie Sherrill signed an executive order that bars federal immigration agents from launching or carrying out operations on state property.
The deadline passed for an appeals court to allow President Trump's funding freeze for the Hudson River Tunnel project to continue.
A public meeting was held on Tuesday night in Morris County, New Jersey, after shots were fired earlier in the day in Roxbury Townshp during an ICE operation.
Hicksville is New York's first school district to ban e-bikes after alarming statistics revealed at least 12 people, mostly young Long Islanders, died on them in the past three years.
It has been a brutal viral season, but as RSV cases surged in New York, Northwell Health doctors say infant hospitalizations remained down, thanks to a fairly new vaccine.
Nassau County Executive Bruce Blakeman accepted the Republican Party's nomination for New York governor on Wednesday at the GOP convention in Garden City.
An arrest has been made in the 2021 acid attack on Long Island college student Nafiah Ikram. Prosecutors said Terell Campbell had numerous incriminating and shocking web searches and rapped about burning someone with acid.
New Yorkers felt much better on Tuesday as a warm front moved toward the region. But, snow and ice could make for a potentially dangerous evening.
Kathryn Ruemmler served as White House counsel under former President Barack Obama.
Nineteen people died in New York City during a recent snap of brutally cold weather that lasted more than three weeks, according to officials.
The deadline passed for an appeals court to allow President Trump's funding freeze for the Hudson River Tunnel project to continue.
Border czar Tom Homan announced Thursday that Operation Metro Surge in Minnesota is concluding, with a drawdown of federal immigration officers set to occur over the course of next week.
The Pride flag is flying once again at the Stonewall National Monument in New York City after National Park Service staff took it down earlier this week.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
The Patchogue-Medford School District said in a letter that the Suffolk County Department of Health alerted them about an infectious person in the school community.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
New York City Department of Environmental Protection said there was a "significant reduction in water usage" throughout the Big Apple during his show. That changed as soon as his performance ended.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
Puerto Rican superstar Bad Bunny, born Benito Antonio Martínez Ocasio, is one of the most-streamed artists on the planet.
The short-handed Indiana Pacers beat the Brooklyn Nets 115-110 on Wednesday night.
Jose Alvarado scored a season-high 26 points and Mikal Bridges added 22 points as the New York Knicks beat the Philadelphia 76ers 138-89 Wednesday night.
Pascal Siakam scored 30 points and the Pacers snapped a four-game losing streak by holding off the Knicks with a 137-134 overtime victory on Tuesday night.
Nic Claxton scored 28 points and had 10 rebounds to lead the Nets to a 123-113 win over the Bulls on Monday night.
Zuby Ejiofor scored six of his 25 points in overtime and No. 17 St. John's outlasted pesky Xavier 87-82 on Monday night at Madison Square Garden.
Edward R. Murrow High School's new boiler system cuts emissions while doubling as a hands-on sustainability lesson for students.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
After their building managers were arrested on fraud charges, tenants in Queens say their apartments were left in chaos.
Harlem's Schomburg Center for Research in Black Culture centennial anniversary began last year, and 2026 marks 100 years since the library became owner of its namesake's personal collection, making it a full-fledged research center.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
CBS News New York's Lonnie Quinn has your First Alert Forecast for February 12 at 11 p.m.
Some homeowners in an affordable housing program in Queens say their dreams turned into nightmares as they encountered issue after issue at their newly rehabbed homes. CBS News New York investigative reporter Tim McNicholas shows us why inspectors are now visiting some of the homes.
The Pride flag is once again waving at the Stonewall National Monument after New Yorkers took it upon themselves to return what the federal government had removed. CBS News New York's Ali Bauman reports.
Minneapolis Mayor Jacob Frey met with New York City Mayor Zohran Mamdani at City Hall on Thursday.
For the first time, the FBI has released a description of the suspect they're looking for in the search for Nancy Guthrie. CBS News New York's Dick Brennan reports.
