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.
Watch CBS News
Ellison, a former top executive for Sam Bankman-Friend's crypto hedge fund, was sentenced Tuesday for fraud.
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.
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 that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.
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.
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.
Former billionaire Sam Bankman-Fried was convicted for orchestrating a massive financial fraud that led to downfall of crypto trading platform FTX.
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.
Sam Bankman-Fried, 32, is scheduled to be sentenced on March 28 following his November conviction on fraud and conspiracy charges.
Sam Bankman-Fried's lawyer says a recommended sentence of 100 years in prison is "grotesque" and "barbaric."
Prosecutors wrote in a letter that evidence presented at a second trial would duplicate evidence already shown to the jury in the first trial.
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.
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 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.
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.
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.
The former billionaire cryptocurrency mogul faces a potential prison term of more than a century following his conviction.
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.
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.
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.
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.
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.
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.
It was a rough day in court for Sam Bankman-Fried's defense, with Judge Lewis Kaplan pressing the FTX co-founder's lawyer on his line of questioning.
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.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
Authorities on Thursday released the first physical description of a male suspect wanted in connection with the Arizona disappearance of Nancy Guthrie.
The Senate failed to advance a measure to fund the Department of Homeland Security on Thursday, paving the way for another partial government shutdown without a last-minute breakthrough.
Lindsey Vonn broke her left leg in a crash during her downhill race at the Winter Olympics last weekend.
Sultan Ahmed bin Sulayem, CEO and chairman of Dubai's DP World, appears in the Epstein files more than 4,700 times, according to the Justice Dept.
Todd Lyons, the acting head of Immigration and Customs Enforcement accused two federal agents of lying under oath regarding the mid-January shooting of a Venezuelan national in Minneapolis.
A judge dismissed charges against two men charged with assaulting ICE officers after the Justice Department said "newly discovered evidence" was "materially inconsistent" with the allegations.
Several people charged in connection with a protest at a Minnesota church whose pastor served as an Immigration and Customs Enforcement official are set to be arraigned Friday afternoon in a Minneapolis federal courtroom.
In a conversation to air on "CBS Sunday Morning" Feb. 15, Gisèle Pelicot discusses how she has moved on in her life after testifying against her ex-husband in a notorious mass rape trial in France.
Funding for the Department of Homeland Security will expire at the end of the day Friday. Here's what will be affected.
A Brazilian au pair got the maximum 10-year sentence after confessing to scheming with her lover to kill his wife and another man.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Maryland Gov. Wes Moore told CBS News that no administration has ever fully figured out an effective immigration system and only Congress can fix it.
Sultan Ahmed bin Sulayem, CEO and chairman of Dubai's DP World, appears in the Epstein files more than 4,700 times, according to the Justice Dept.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
Love is biting consumers this year amid the rising cost of flowers, chocolates and other Valentine's Day staples.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
Todd Lyons, the acting head of Immigration and Customs Enforcement accused two federal agents of lying under oath regarding the mid-January shooting of a Venezuelan national in Minneapolis.
Funding for the Department of Homeland Security will expire at the end of the day Friday. Here's what will be affected.
Maryland Gov. Wes Moore told CBS News that no administration has ever fully figured out an effective immigration system and only Congress can fix it.
Sultan Ahmed bin Sulayem, CEO and chairman of Dubai's DP World, appears in the Epstein files more than 4,700 times, according to the Justice Dept.
As Russia and Ukraine confirm a 3rd round of U.S.-mediated peace talks, this time in Europe, Zelenskyy says Trump admin "must put pressure on Russia."
Twenty one states in the U.S. have confirmed cases of measles.
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
A man who was wanted by Italian authorities for a series of 2010 thefts was arrested when he arrived at the Olympics on Wednesday.
Sultan Ahmed bin Sulayem, CEO and chairman of Dubai's DP World, appears in the Epstein files more than 4,700 times, according to the Justice Dept.
Lindsey Vonn broke her left leg in a crash during her downhill race at the Winter Olympics last weekend.
As Russia and Ukraine confirm a 3rd round of U.S.-mediated peace talks, this time in Europe, Zelenskyy says Trump admin "must put pressure on Russia."
Pentagon says "more than 5,700 adult male ISIS fighters" have been moved to Iraq, completing the operation as questions linger over due legal process.
"Sinners" cinematographer Autumn Durald Arkapaw says she doesn't want the audience to notice her work because "you wanna make it so good it feels like a dream." The Oscar nominee is the first woman of color nominated in the cinematography category and only the fourth woman ever. It's the only Oscars category never won by a woman. She talks about her career journey to this historic moment.
Constance Zimmer, who stars in the new season of "The Lincoln Lawyer," talks about how she channels her powerful character in the series and why it's important for her to always make her characters relatable.
James Van Der Beek, known for starring in "Dawson's Creek" and "Varsity Blues," died Wednesday at the age of 48 after a battle with colorectal cancer. Vladimir Duthiers reports on the beloved actor's career.
Katie Holmes and Busy Philipps are among the "Dawson's Creek" cast members sharing memories of James Van Der Beek after his death at age 48.
James Van Der Beek, star of "Dawson's Creek" and "Varsity Blues," has died at age 48, according to his publicist and a post from his wife on social media. Carter Evans has more on his life and career.
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
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.
The messaging platform WhatsApp says Russia has "attempted to fully block" its service inside the country, "to drive people to a state-owned surveillance app."
Many are questioning how Nancy Guthrie's Google Nest surveillance footage was recovered days after officials said it was disconnected with no active subscription to store video.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
Former CNN anchor and independent journalist Don Lemon pleaded not guilty to federal charges linked to a protest inside a church in Minneapolis. CBS News' Katrina Kaufman reports.
The FBI has increased the reward from $50,000 to $100,000 in the Nancy Guthrie disappearance case. CBS News' Andres Gutierrez reports.
A man who was wanted by Italian authorities for a series of 2010 thefts was arrested when he arrived at the Olympics on Wednesday.
The judge rejected arguments that Austin David Thompson deserved the chance for release decades from now.
The massive Trump administration immigration crackdown in Minnesota is expected to end. CBS News' Lilia Luciano reports on the state's reaction.
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
"There is no way for any American to know if a product is safe if it is ultraprocessed," Health Secretary Robert F. Kennedy Jr. tells 60 Minutes. Sunday, Bill Whitaker reports on a decades-old loophole that Kennedy says has allowed thousands of ingredients into the U.S. food supply.
Former CNN anchor and independent journalist Don Lemon pleaded not guilty to federal charges linked to a protest inside a church in Minneapolis. CBS News' Katrina Kaufman reports.
The FBI has increased the reward from $50,000 to $100,000 in the Nancy Guthrie disappearance case. CBS News' Andres Gutierrez reports.
Lawmakers did not agree on a plan to fund the Department of Homeland Security, setting the stage for another partial government shutdown. CBS News' Nikole Killion and Nicole Sganga report.
Maryland Gov. Wes Moore told Norah O'Donnell that immigration has been "punted on for a very long time" as he criticized both the Trump and Biden administration's policies during a CBS News THINGS THAT MATTER Town Hall. Watch Moore's full conversation with O'Donnell on Sunday at 8 p.m. ET/PT on CBS, right after 60 Minutes.