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.
FTX
FTX founder Sam Bankman-Fried appeals fraud conviction
Lawyers for Sam Bankman-Fried claim in an appeal filed Friday that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty before he was even arrested.
Michael Lewis on new book
Best-selling author Michael Lewis, who had unprecedented access to FTX founder Sam Bankman-Fried, is releasing a new afterword in the paperback version of "Going Infinite." He shares his thoughts on the trial's outcome and the controversy surrounding his portrayal of Bankman-Fried.
FTX says it plans to pay back most customers
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.
Sam Bankman-Fried apologizes at sentencing
A judge sentenced disgraced FTX founder Sam Bankman-Fried to 25 years in prison Thursday. A jury convicted the 32-year-old of fraud and conspiracy in November. CBS News national correspondent Errol Barnett reports.
Sam Bankman-Fried sentenced to 25 years
Sam Bankman-Fried was sentenced to 25 years in prison for his role in the sudden collapse of the FTX crypto exchange. Prosecutors say he defrauded customers out of more than $8 billion, one of the largest financial crimes in U.S. history. Errol Barnett reports.
Sam Bankman-Fried sentenced to 25 years
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for his role in the cryptocurrency fraud scheme that brought down his company and lost investors billions. CBS News' Errol Barnett reports.
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.
Feds say they won't bring second trial against Sam Bankman-Fried
Prosecutors wrote in a letter that evidence presented at a second trial would duplicate evidence already shown to the jury in the first trial.
AI, Elon Musk and 2023's biggest tech stories
From the rise of artificial intelligence to Elon Musk's rebranding of Twitter, 2023 saw major changes in the tech industry. CBS News senior business and tech correspondent Jo Ling Kent joins to look back at the year in tech -- and to discuss where the industry is headed in 2024.
Biggest financial stories heading into 2024
Concerns over inflation and a potential recession drove economic headlines in 2023, but new data shows consumer confidence is at a five-month high as we head into the new year. Javier David, CBS News contributor and a managing editor of business and markets at Axios, has a look at the economic outlook for 2024.
Sam Bankman-Fried's stunning fall from grace
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.
Bankman-Fried trial jury finds him guilty
Sam Bankman-Fried's trial came to an end Thursday with the jury finding him guilty on all charges, including fraud, conspiracy and money laundering. CBS News national correspondent Errol Barnett was in court as the verdict was read.
Bankman-Fried's possible prison sentence
FTX founder Sam Bankman-Fried has been found guilty on all seven counts of fraud, conspiracy and money laundering following more than two weeks of testimony in one of the highest-profile financial crime cases in years. CBS News national correspondent Errol Barnett has more.
Sam Bankman-Fried guilty in FTX fraud case
A Manhattan jury deliberated less than four hours before finding FTX founder Sam Bankman-Fried guilty of seven counts of fraud and conspiracy. Prosecutors are calling the $10 billion scheme one of the biggest financial frauds in American history. CBS News' Errol Barnett reports.
Sam Bankman-Fried found guilty in FTX crypto fraud case
The former billionaire cryptocurrency mogul faces a potential prison term of more than a century following his conviction.
Sam Bankman-Fried found guilty in FTX case
A jury Thursday night found FTX founder Sam Bankman-Fried guilty on all seven counts of fraud, conspiracy and money laundering following more than two weeks of testimony in one of the highest-profile financial crime cases in years. CBS News legal analyst Rikki Klieman and national correspondent Errol Barnett have more.
Jury deliberating in Bankman-Fried trial
Jury deliberations are set to begin in the New York trial of FTX founder Sam Bankman-Fried. The jury will have to consider if Bankman-Fried's statements on the stand contradict evidence presented by the prosecution. CBS News national correspondent Errol Barnett has the latest as attention turns to the jury.
SBF's trial reaches closing arguments
Closing arguments were underway Wednesday in FTX founder Sam Bankman-Fried's trial in New York. CBS News correspondent Errol Barnett has been covering the trial and has the latest on Bankman-Fried's testimony.
Sam Bankman-Fried cross-examined at his trial
FTX founder and former crypto-billionaire Sam Bankman-Fried was cross-examined by federal prosecutors Tuesday in his fraud and money laundering trial. CBS News' Errol Barnett, who was inside the courthouse, reports.
Sam Bankman-Fried back on witness stand
Sam Bankman-Fried was back on the witness stand at his trial Tuesday as prosecutors argued he moved to protect his assets while FTX, his cryptocurrency exchange company, tumbled. CBS News national correspondent Errol Barnett reports on Bankman-Fried's testimony.
FTX founder Sam Bankman-Fried takes the stand
Sam Bankman-Fried will take the stand Thursday as he defends himself in a trial against seven charges. A number of Bankman-Fried's colleagues have testified against him in cooperation with prosecutors. CBS News national correspondent Errol Barnett has a preview of Bankman-Fried's defense.
Ex says SBF bribed Chinese officials
Sam Bankman-Fried's ex-girlfriend is back on the witness stand facing cross-examination from the disgraced FTX founder's lawyers. Caroline Ellison has repeatedly told jurors Bankman-Fried was the mastermind behind the crimes that led to the company's downfall. CBS News national correspondent Errol Barnett has the latest.
Sam Bankman-Fried's ex-girlfriend testifies
Caroline Ellison, Sam Bankman-Fried's ex-girlfriend, is back on the witness stand Wednesday in the FTX founder's fraud trial. Ellison previously pleaded guilty to multiple charges and agreed to cooperate with the prosecution. CBS News national correspondent Errol Barnett is at the courthouse and has the latest on Ellison's testimony.
10/11: CBS News Mornings
Israel airstrikes bombard Gaza overnight; FTX cryptocurrency fraud trial.
Maryland senator meets with mistakenly deported Abrego Garcia in El Salvador
Maryland Sen. Chris Van Hollen says he met with Kilmar Abrego Garcia, who immigration officials say was deported by mistake to El Salvador.
FSU mass shooting kills 2, injures 6; suspect in custody
Law enforcement said the suspected shooter is the 20-year-old son of a Leon County sheriff's deputy and a student at FSU.
Trump says Fed Chair Powell's "termination cannot come fast enough"
President Trump lashed out at Fed Chair Jerome Powell over interest rates, saying he should "certainly lower them now."
CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
Despite recent mass shootings, Florida considers repealing gun age law
Florida legislature has been considering the removal of a gun control law passed after the 2018 massacre in Parkland in which 17 people were killed in a mass shooting at Marjory Stoneman Douglas High School.
Trump administration cutting nearly 90% of Consumer Financial Protection Bureau
President Trump is downsizing the Consumer Financial Protection Bureau.
Court says Trump administration's claims in case of deported man are "shocking"
A federal appeals court said it will not pause a district court order that required the Trump administration to facilitate the release of Kilmar Abrego Garcia from El Salvador.
IRS considers rescinding Harvard's tax-exempt status, something Trump floated
"Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!" President Trump wrote on Truth Social on Tuesday about Harvard.
Luigi Mangione indicted on federal charges in CEO killing
Luigi Mangione will be eligible for the death penalty if convicted.
U.S.
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NSC rebuilding with aides aligned with MAGA agenda, sources say
The White House is starting to rebuild the National Security Council with aides top officials believe are staunchly aligned with President Trump's agenda.
Trump administration cutting nearly 90% of Consumer Financial Protection Bureau
President Trump is downsizing the Consumer Financial Protection Bureau.
Despite recent mass shootings, Florida considers repealing gun age law
Florida legislature has been considering the removal of a gun control law passed after the 2018 massacre in Parkland in which 17 people were killed in a mass shooting at Marjory Stoneman Douglas High School.
CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
Videos capture student reactions amid deadly FSU shooting
Videos on social media capture the terrifying moments when a gunman opened fire on the Florida State University campus. Police say the suspect is a 20-year-old FSU student.
MoneyWatch
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Honda to shift Civic Hybrid production to U.S. from Japan
Rated as one of the top 10 most popular cars sold in the U.S. in 2024, the Civic model is currently sourced in both countries.
Can the IRS strip Harvard of its tax-exempt status? Here's what to know.
President Trump has suggested stripping Harvard of its tax-exempt status, a step that experts say would be unusual and face legal challenges.
Grocery prices continue to rise, but increases vary from city to city
A new study from SmartAsset reveals varied increases in grocery prices depending on where you live.
Shein, Temu will raise prices next week as a trade loophole closes
Shein and Temu, known for their low-cost items, say they'll raise prices starting April 25 after Trump ended an import loophole.
Google's digital ad network an illegal monopoly, judge rules
The ruling involving Google's online ad technology follows a similar case last year in which Google's search engine was declared a monopoly.
Politics
More Politics
NSC rebuilding with aides aligned with MAGA agenda, sources say
The White House is starting to rebuild the National Security Council with aides top officials believe are staunchly aligned with President Trump's agenda.
Mistakenly deported Kilmar Abrego Garcia meets with Maryland senator in El Salvador
Maryland Sen. Chris Van Hollen says he has met with Kilmar Abrego Garcia, who immigration officials say was deported by error, in El Salvador on Thursday.
Trump administration cutting nearly 90% of Consumer Financial Protection Bureau
President Trump is downsizing the Consumer Financial Protection Bureau.
Despite recent mass shootings, Florida considers repealing gun age law
Florida legislature has been considering the removal of a gun control law passed after the 2018 massacre in Parkland in which 17 people were killed in a mass shooting at Marjory Stoneman Douglas High School.
George Santos lacks "remorse" ahead of sentencing, DOJ says
The Department of Justice said in a filing Thursday that George Santos is approaching his April 25 sentencing with "belligerence" in recent social media posts.
HealthWatch
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CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
FDA making plans to end its routine food safety inspections, sources say
Food safety inspections would be left to state and local authorities under the plan being developed by the FDA.
GLP-1 pill shows success for diabetes, weight loss, Eli Lilly says
Eli Lilly and Co., the maker of Zepbound and Mounjaro, announced a successful Phase 3 trial for a once-daily GLP-1 pill for diabetes and weight loss.
Beyond Ivy League, RFK Jr.'s NIH slashed science funding across U.S.
A KFF Health News analysis underscores how the NIH funding terminations have spared no part of the country, politically or geographically.
Detroit-based organization leads fights for Black mothers
During Black Maternal Health Week, a national campaign to raise awareness and improve outcomes for Black mothers, the Detroit-based organization Mothering Justice is spotlighting what happens when advocacy turns into action.
World
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Mistakenly deported Kilmar Abrego Garcia meets with Maryland senator in El Salvador
Maryland Sen. Chris Van Hollen says he has met with Kilmar Abrego Garcia, who immigration officials say was deported by error, in El Salvador on Thursday.
American shot dead after hijacking small plane in Belize
A U.S. veteran was fatally shot after he hijacked a small passenger plane in Belize.
U.K. touts test of new radio wave weapon to take down "swarms of drones"
The U.K. military has carried out a first successful test of a British-made "directed energy weapon" to down dozens of drones at once.
Wife identifies missing husband's shirt at cartel recruitment ranch
The discovery of bones, shoes and clothing at the Jalisco ranch has shone a spotlight on the ruthless tactics of cartels in a country where thousands are missing.
Israeli family's dog found in Gaza 18 months after Hamas attack
For the Dancyg family and their brutalized Kibbutz Nir Oz community in Israel, pooch Billie's return from Gaza is a miracle, and a "little light in a lot of sorrow."
Entertainment
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Skye P. Marshall on career change and working with Kathy Bates on "Matlock"
Skye P. Marshall also worked in the pharmaceutical industry before she pursued acting. She spoke with "CBS Mornings" about the transition and starring in the legal drama, "Matlock."
Skye P. Marshall on "Matlock" finale
Skye P. Marshall joins "CBS Mornings Plus" to preview the explosive finale of "Matlock," share what it's like working with Kathy Bates, and react to Olympia's discovery of Matty's secret.
James Brolin on "Ransom Canyon"
Hollywood legend James Brolin stars as a tough Texas rancher in "Ransom Canyon," a modern Western about land, loyalty, and legacy. The series follows three families caught in a power struggle over their hometown's future.
Michelle Trachtenberg died of diabetes complications, officials say
Michelle Trachtenberg's death was initially undetermined but the medical examiner amended it after lab test results showed complications of diabetes mellitus.
Michael B. Jordan, Ryan Coogler on "Sinners" being boldest collaboration yet
Ryan Coogler and Michael B. Jordan discussed their genre-blending new film, "Sinners," which follows twin brothers in the 1930s Deep South.
Technology
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Technology
Judge: Google is online advertising monopoly
A federal judge ruled Thursday that Google is a monopolist in markets for online advertising technology. CBS News' Kelly O'Grady has the details.
How AI is using facial recognition to help bring lost pets home
A national lost-and-found database run by the nonprofit Petco Love has helped reunite more than 100,000 families with missing animals.
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.
Google's digital ad network an illegal monopoly, judge rules
The ruling involving Google's online ad technology follows a similar case last year in which Google's search engine was declared a monopoly.
How AI is reuniting people with pets
Love Lost is a national lost-and-found pet database run by the nonprofit Petco Love. CBS News consumer correspondent Ash-har Quraishi shows how it's using AI and new technology to help reunite pet owners with their furry friends.
Science
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Science
Breaking down the return of dire wolves
Colossal Biosciences says it successfully gene-edited gray wolves to carry traits of the extinct dire wolf. Founder and CEO Ben Lamm and Chief Science Officer Beth Shapiro discuss the research and rising controversy.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Can climate change really create zombie fungi, like in "The Last of Us"?
As the HBO series "The Last of Us" returns, fans wonder: How much of the chilling storyline about a fungal zombie pandemic is rooted in reality?
NOAA could face 25% budget cut, slashing climate research, in draft proposal
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
Ancient jawbone found in sea linked to mysterious human ancestors
Relatively little is known about Denisovans, an extinct group of human cousins that interacted with Neanderthals and Homo sapiens.
Crime
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Videos capture student reactions amid deadly FSU shooting
Videos on social media capture the terrifying moments when a gunman opened fire on the Florida State University campus. Police say the suspect is a 20-year-old FSU student.
Videos, witnesses depict FSU shooting scene
A suspect is in custody following a mass shooting at Florida State University in Tallahassee. Authorities say two people are dead. CBS News Tallahassee affiliate WCTV journalist Jacob Murphey has the latest.
George Santos lacks "remorse" ahead of sentencing, DOJ says
The Department of Justice said in a filing Thursday that George Santos is approaching his April 25 sentencing with "belligerence" in recent social media posts.
Luigi Mangione indicted on federal charges in CEO's killing
Luigi Mangione will be eligible for the death penalty if convicted as charged.
New details on suspect in FSU shooting
At least two people died in a shooting at Florida State University on Thursday. Authorities say the suspect is the 20-year-old son of a sheriff's deputy and is in police custody. CBS News correspondent Shanelle Kaul has the details.
Space
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Space
Astronomer on new evidence pointing to life
Astronomers say they have discovered "the strongest evidence yet" of life on a distant planet, although, they stress that more research is needed. Chief astronomer and planetarium director of the Franklin Institute Derrick Pitts joins "The Daily Report" to discuss.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Gayle King on how space flight changed her
A day after her flight to space, Gayle King speaks with "CBS Evening News" co-anchor Maurice DuBois about how the trip has changed her.
Aisha Bowe and Amanda Nguyen reflect on life-changing Blue Origin spaceflight
Aisha Bowe and Amanda Nguyen talk to "CBS Mornings" about how the Blue Origin spaceflight changed them for the better.
Gayle King says she can "take on anything" after space journey
"CBS Mornings" co-host Gayle King, who before her spaceflight admitted that she's a nervous flyer, said she has a new confidence following her journey and revealed if she would do it again.
Latest Galleries
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"Hands Off!": Americans across country protest Trump, Musk
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Husband pieces together wife's last movements to find out how she was killed
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Latest CBS News Videos
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Latest CBS News Videos
Reporter's Notebook: The power of defiance
On Monday, runners will compete in the world's oldest continually run marathon -- the Boston Marathon. On this day in 1972, women were officially allowed to compete for the first time. But it wasn't the first time a woman ran the race. "CBS Evening News" co-anchor John Dickerson explains.
Explaining signs of life found on distant planet
Astronomers announced they had detected the most promising "hints" of potential life on a planet beyond our solar system. Cambridge University astrophysicist Nikku Madhusudhan, one of the scientists who led the research, joins to discuss.
Black mothers face higher risks in childbirth
The U.S. has the worst maternal mortality rate of developed countries. New numbers show Black women are three and a half times more likely to die than white women from childbirth and other pregnancy-related causes. Elise Preston reports.
Trump could soon deport more migrants, lawyers say
The Trump administration is engaged in several different immigration-related battles. In one, lawyers for five Venezuelan men being held in Texas warned a judge that the government appears poised to remove more migrants under the wartime Alien Enemies Act. Scott MacFarlane has details.
Can Trump fire Fed chair Jerome Powell?
President Trump is once again taking aim at his own pick for America's most powerful economic post -- Federal Reserve Chair Jerome Powell. Despite nominating him in 2017, Trump now wants him out. But is that allowed? Jan Crawford explains.