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.
Mahmoud Khalil was arrested without a warrant, Trump administration confirms
Columbia University activist Mahmoud Khalil's attorneys are asking an immigration judge to terminate his deportation case.
Russia's top diplomat says some Ukraine deal elements need to be "fine tuned"
Russian Foreign Minister Sergey Lavrov told "Face the Nation" that the Kremlin is "ready to reach a deal," but some elements need to be "fine tuned."
Poll — AI elicits concern, uncertainty, even as many see potential benefits
AI seen as better than humans at online search and data analysis, but not at driving a car or customer service
Exclusive
Biden expected to attend Pope Francis' funeral, sources say
Pope Francis began his papacy in 2013 during the Obama administration, but former President Barack Obama is not planning to attend, according to a spokesman.
Judge blocks portions of Trump order that seeks to overhaul U.S. elections
President Trump's executive order would require documentary proof of U.S. citizenship in order to register to vote in federal elections.
Nonprofit hospitals chase down patients eligible for free care
For poorest patients at hundreds of nonprofit hospitals, financial pain follows medical care
Trump pardons Nevada politician convicted of fraud
President Trump has issued a full pardon for loyalist Michele Fiore, who paid for her plastic surgery with funds that were meant for a statue honoring a slain police officer.
Formal notice of intent filed to seek death penalty for Luigi Mangione
Federal prosecutors on Thursday filed a formal notice of intent to seek the death penalty for Luigi Mangione in the murder of UnitedHealthcare CEO Brian Thompson.
Trump's surgeon general nominee faces scrutiny over credentials
President Trump and his nominee for surgeon general, Dr. Janette Nesheiwat, have made claims about her certification and schooling appear to be misleading.
U.S.
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More than 2,000 Confederate symbols standing across the U.S., report says
Out of those symbols, 685 are Confederate monuments, the Southern Poverty Law Center said in its report.
Nonprofit hospitals chase down patients eligible for free care
For poorest patients at hundreds of nonprofit hospitals, financial pain follows medical care
Left temporarily homeless by Helene, many struggle to pay their mortgages
About a month after hurricanes Helene and Milton hit the Southeast, nearly 60,000 homeowners fell behind on their mortgages.
Why many potential buyers have been scared away from Florida's condo market
Owners of older South Florida condominiums have seen a surge in special assessment fees for safety upgrades in response to a state law passed following the 2021 Surfside partial building collapse.
2025 NFL Draft: Day 1 recap of first-round picks
In a sign of the importance of the position, Miami's Cam Ward becomes the third straight quarterback to go No. 1 overall.
MoneyWatch
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Nonprofit hospitals chase down patients eligible for free care
For poorest patients at hundreds of nonprofit hospitals, financial pain follows medical care
Left temporarily homeless by Helene, many struggle to pay their mortgages
About a month after hurricanes Helene and Milton hit the Southeast, nearly 60,000 homeowners fell behind on their mortgages.
Why many potential buyers have been scared away from Florida's condo market
Owners of older South Florida condominiums have seen a surge in special assessment fees for safety upgrades in response to a state law passed following the 2021 Surfside partial building collapse.
Could a $5,000 "baby bonus" convince Americans to have more kids?
President Trump said that a baby bonus provided to new parents could be a "good idea." Here's how it's worked in other countries.
Poll — AI elicits concern, uncertainty, even as many see potential benefits
AI seen as better than humans at online search and data analysis, but not at driving a car or customer service
Politics
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Exclusive
Biden expected to attend Pope Francis' funeral, sources say
Pope Francis began his papacy in 2013 during the Obama administration, but former President Barack Obama is not planning to attend, according to a spokesman.
Trump pardons Nevada politician convicted of fraud
President Trump has issued a full pardon for loyalist Michele Fiore, who paid for her plastic surgery with funds that were meant for a statue honoring a slain police officer.
Russia's top diplomat says some Ukraine deal elements need to be "fine tuned"
Russian Foreign Minister Sergey Lavrov told "Face the Nation" that the Kremlin is "ready to reach a deal," but some elements need to be "fine tuned."
DNC leaders challenge Hogg's efforts to unseat incumbents with public warning
"If you want to challenge incumbents, you're more than free to do that, but just not as an officer of the DNC," DNC Chair Ken Martin said.
Mahmoud Khalil was arrested without a warrant, Trump administration confirms
Columbia University activist Mahmoud Khalil's attorneys are asking an immigration judge to terminate his deportation case.
HealthWatch
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Nonprofit hospitals chase down patients eligible for free care
For poorest patients at hundreds of nonprofit hospitals, financial pain follows medical care
House Republicans face dilemma over Medicaid cuts
The GOP is unlikely to reach its lofty goal in spending cuts without paring back Medicaid, the safety net that helps more than 70 million people.
California offering $25 gift cards to encourage bird flu testing
California officials said bird flu testing has not stopped, despite social media rumors.
FDA head falsely claims no scientists laid off, as agency shutters food safety labs
"That just made me so mad," one laid-off FDA scientist said.
Almost half of U.S. exposed to unhealthy levels of air pollution: Report
A new report on air quality across the U.S. offers a cloudy prognosis on the long-term health of about 156 million residents who live in areas that received an "F" in smog and soot pollution.
World
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Exclusive
Biden expected to attend Pope Francis' funeral, sources say
Pope Francis began his papacy in 2013 during the Obama administration, but former President Barack Obama is not planning to attend, according to a spokesman.
Town "most likely" trashed Warhol silkscreen, 45 other artworks by mistake
The artworks, including a rare 1980s Warhol silkscreen print of the country's former monarch Princess Beatrix, disappeared during work on the town hall.
Holocaust survivors, freed Israeli hostages, march at Auschwitz
This year's March of the Living marked 80 years since the liberation of the German Nazi death camps.
Russia returns body of Ukraine journalist who died in detention
Victoria Roshchyna, who died at age 27, disappeared in August 2023 on a reporting trip in occupied east Ukraine.
Trump "not happy" with Russian strikes on Kyiv: "Vladimir, STOP!"
President Trump called Thursday's strikes "very bad timing," as he wants Russia and Ukraine to reach a peace deal.
Entertainment
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Smokey Robinson reflects on music career, new album and his legacy
Music legend Smokey Robinson spoke to "CBS Mornings" about his decades-long career, his Legacy Tour and why he's creating new music.
Jelly Roll hopeful correcting past mistakes will urge governor to pardon him
Country music star Jelly Roll says he wants to share his message of hope and redemption with others, but says his criminal record is complicating his ability to travel internationally and perform.
See the 2025 American Music Awards nominations
The 2025 AMA nominations were released on Wednesday, with Kendrick Lamar leading with 10. The awards show will air on May 26.
Tina Knowles talks styling Destiny's Child
Tina Knowles, the mother of Beyoncé and Solange, is opening up about her life in her book, "Matriarch." She styled Destiny's Child when the group started out and spoke about how the record label complained about the group's look.
How "Conclave" compares to electing new pope
Roman Catholic cardinals are gathering to decide when to hold the conclave to elect a new pope following Pope Francis' death on Monday. It has sparked renewed interest in the movie "Conclave," which is about the process and came out last year. CBS News' Carter Evans looks at what the movie got right and wrong about the process.
Technology
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Technology
Trump official on DOJ's face-off with Google
In Washington, D.C., a courtroom face-off continues between Google and the Department of Justice. The fate of Google Search lies in the hands of a federal judge who will decide the best solution to Google's monopoly in internet search. Tech journalist Yasmin Khorram interviewed Omeed Assefi, DOJ antitrust division deputy assistant attorney general, about the case.
Poll — AI elicits concern, uncertainty, even as many see potential benefits
AI seen as better than humans at online search and data analysis, but not at driving a car or customer service
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.
Prince Harry says "keep your kids away from social media"
The Duke and Duchess of Sussex, Prince Harry and Meghan, say "enough is not being done" about the harm social media can do to children.
AI job scams on the rise
Have you ever wondered if your coworker is a bot? Now, you may have to. Companies say they are working to stop fake job-seekers as new employment scams target both sides of the market. CBS News Confirmed executive producer Melissa Mahtani breaks it down.
Science
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NASA releases stunning space photos to mark Hubble anniversary
The Hubble Space Telescope "opened a new window to the universe" when it launched into space. Now, 35 years later, NASA is releasing some stunning images to celebrate.
Coral reef bleaching hits 84% worldwide, worst on record, surveys show
Harmful bleaching of the world's coral has grown to include 84% of the ocean's reefs in the most intense event of its kind in recorded history, scientists say.
Cicada maps show where the insects will emerge in the U.S. this spring
A large brood of periodical cicadas is due to emerge in the spring of 2025. These maps show where people should expect to see, and hear, the bugs this year.
Reporter's Notebook: Earth Day perspective
If Earth's entire 4.5 billion-year history was squeezed into a single, 24-hour day, when would modern humans arrive? "CBS Evening News" co-anchor John Dickerson ponders the meaning of Earth Day.
NASA images show peanut-shaped asteroid during high-speed flyby
This asteroid is bigger than scientists anticipated, about 5 miles long and 2 miles wide at its widest point — resembling a deformed peanut.
Crime
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Crime
Day 3 of testimony in Karen Read murder trial
Testimony resumed Thursday in the retrial of Karen Read, the woman accused of killing her boyfriend, John O'Keefe. CBS News Boston's Kristina Rex reports.
DOJ cutting grants for crime victims groups
Groups that support crime victims say the Trump administration is stripping their federal grant funding. CBS News Department of Justice correspondent Scott MacFarlane has the details.
Injunction granted to San Francisco and other cities challenging Trump sanctuary city crackdown
A federal judge in California issued a preliminary injunction Thursday blocking the Trump administration from pulling funds from so-called "sanctuary cities" in response to a lawsuit brought by San Francisco and other local governments across the U.S.
Highland Park shooter sentenced to life
Robert Crimo III, the man convicted of several counts of murder for his role in the 2022 Highland Park 4th of July parade shooting, has been sentenced to life in prison without parole. CBS News Chicago has the latest.
FBI on "staggering" internet crimes
The FBI revealed that scammers stole more than $16 billion in 2024 through internet crimes like data breaches and identity theft. CBS News' Scott MacFarlane has more.
Space
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NASA releases stunning space photos to mark Hubble anniversary
The Hubble Space Telescope "opened a new window to the universe" when it launched into space. Now, 35 years later, NASA is releasing some stunning images to celebrate.
NASA images show peanut-shaped asteroid during high-speed flyby
This asteroid is bigger than scientists anticipated, about 5 miles long and 2 miles wide at its widest point — resembling a deformed peanut.
When and where to see the Lyrid meteor shower's peak
During the peak of the Lyrid meteor shower, 10 to 20 meteors could be seen per hour, NASA says.
NASA's most senior astronaut returns to Earth with 2 cosmonauts
Don Pettit, NASA's oldest active astronaut, marked his 70th birthday by landing on the steppe of Kazakhstan after 220 days in space.
NASA spacecraft to zoom past asteroid this weekend at 30,000 mph
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Latest Galleries
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"No Kings": Protesters across country march against Trump, Musk
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
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.
"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.
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.
Latest CBS News Videos
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Sen. Dick Durbin: "The torch must be passed"
Democratic Sen. Dick Durbin of Illinois addressed reporters on Thursday, one day after he announced plans to retire at the end of next year. CBS News congressional correspondent Nikole Killion reports.
Rome pastor on Pope Francis' legacy
Thousands continue to pay tribute to Pope Francis as he lies in state in St. Peter's Basilica. "CBS Evening News" co-anchor John Dickerson spoke to Father Matthew Berrios, who leads St. Patrick's Catholic American Parish, about the legacy Francis leaves behind.
Bison herd stops traffic in Yellowstone
On a recent trip to Yellowstone National Park, tourist Cindy Shaffer captured the unique moment when a herd of bison stopped traffic for nearly 20 minutes.
Couple paying mortgage on unlivable home
When a natural disaster strikes, it can create a financial storm for homeowners who have lost everything. Dave Malkoff reports that many are often left temporarily homeless and still obligated to pay their monthly mortgage.
Is Trump targeting tools to fight inequality?
Civil rights groups are condemning President Trump for signing a series of executive orders that they say could weaken anti-discrimination laws. Janai Nelson, president of the NAACP Legal Defense Fund, joins to discuss.