SEC sues Binance, alleging it operated an illegal exchange
Securities watchdog alleges the company and CEO Changpeng Zhao diverted customer funds and sought to escape regulatory oversight.
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Securities watchdog alleges the company and CEO Changpeng Zhao diverted customer funds and sought to escape regulatory oversight.
Regulator says now-shuttered student-loan assistance company fabricated data to entice JPMorgan Chase into sale.
The Securities and Exchange Commission announced charges against crypto entrepreneur Justin Sun and celebrity backers of his crypto asset companies Tronix and BitTorrent.
The Department of Justice and the Securities and Exchange Commission are investigating the Silicon Valley Bank collapse. CBS News anchors Lana Zak and Elaine Quijano spoke with John Geiringer, a partner at Barack Ferrazzano Kirshbaum and Nagelberg, about what authorities look at in such cases and what this investigation could mean for company executives.
Dave Michaels is a reporter for the Wall Street Journal. He joins CBS News to discuss what the DOJ probe means moving forward.
The Department of Justice and the Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank, the Wall Street Journal reported. CBS News national correspondent Errol Barnett reports from Santa Clara, California, on the fallout.
Abbott closed its Sturgis facility last year due to a bacteria outbreak, creating a nationwide formula shortage.
Russian millionaire with Kremlin ties turned $2 million into $21 million by trading on hacked corporate info, prosecutors said.
The Securities and Exchange Commission looked into embattled New York congressman George Santos' work for a company behind an alleged Ponzi scheme after he pitched an investment opportunity to a childhood friend and her former client. Watch the full “CBS Reports” documentary “Campaign of Deceit: The Election of George Santos” on Thursday. CBS News political reporter Caitlin Huey-Burns reports.
Disgraced crypto king Sam Bankman-Fried pleaded not guilty to a slew of charges related to his defunct cryptocurrency exchange in federal court in Manhattan. Michael Parker, head of the anti-money-laundering and sanctions practice at Ferrari and Associates, joins CBS News' Elaine Quijano to discuss the details of SBF's case.
Former FTX CEO Sam Bankman-Fried has been arrested in the Bahamas on criminal charges and faces extradition to the U.S.. He has also been charged by the Securities and Exchange Commission for allegedly defrauding investors in his cryptocurrency exchange. CBS News congressional correspondent Scott MacFarlane joins "CBS News Mornings" to explain the fallout on Capitol Hill, where Bankman-Fried had been scheduled to testify at a hearing today.
The Securities and Exchange Commission has fined Kim Kardashian more than $1 million over failing to disclose she was being paid to promote a cryptocurrency. Axios business editor Dan Primack joins CBS News to discuss the case and other market news.
Aviation giant "put profits over people" in assuring the public that its plane was safe, SEC official said.
The former security chief of Twitter has filed an explosive whistleblower complaint against the company. Peiter Zatko claims Twitter executives buried “egregious deficiencies” in the company’s cybersecurity practices. Cat Zakrzewski, a technology policy reporter for The Washington Post who co-wrote the article breaking this story, joins CBS News to discuss.
The Tesla boss's "joke on Twitter" likely sparked hope among the flailing soccer club's army of supporters as his lawyers battle over his abandoned bid to buy Twitter.
Elon Musk says his $44 billion takeover bid for Twitter is "on hold" as he seeks more information on the platform's spam accounts. CBS News tech reporter Dan Patterson has more on that, plus how Musk is also reportedly facing a SEC investigation for late disclosure after buying a substantial stake in the company.
Feds allege Hwang "propped up a $36 billion house of cards by engaging in a constant cycle of manipulative trading."
New SEC proposal requires companies to spell out bottom-line impacts of everything from floods to rising fuel costs.
Wormhole hack is one of biggest crypto heists in history, second only to $611 million theft at Poly Network last summer.
Former President Trump secured nearly $300 million in funding for his new social media venture by agreeing to merge with a special purpose acquisition company. But the deal may have skirted securities laws and stock exchange rules, according to a New York Times report. Lauren Hirsch, a business reporter who co-authored the article, joins CBSN's Lana Zak to discuss.
Report is critical of trading apps' gaming-like features, stoking of meme stocks and practice of selling customers' orders to traders.
Following an explosive interview on "60 Minutes," Facebook whistleblower Frances Haugen testified before a Senate subcommittee on Tuesday. She accused the social media giant of being morally bankrupt and said Facebook's platforms are harmful to the mental health of teens. CBS News congressional correspondent Kris Van Cleave details the hearing, then CBSN anchor Elain Quijano speaks with Nick Thompson, CEO of The Atlantic, about what Congress could potentially do to address these concerns.
Regulators said BitConnect execs pocketed funds after promising investors they could earn returns of 40% per month.
Bitcoin's meteoric rise has prompted both wild speculation and words of caution. In recent weeks, the price of the cryptocurrency has fluctuated wildly, leaving investors and regulators wondering about the future of the digital currency. Lido Isle Advisors' Managing Partner Jason Rotman joins CBSN to discuss this burgeoning market.
"Things can go very wrong" when financial markets don't adapt to new technologies, SEC nominee Gary Gensler tells lawmakers.
The Kennedy-era robin's egg blue that's currently on the planes is being updated to navy, red and gold.
Juliette Bryant says not long after meeting Jeffrey Epstein, he assaulted her, and she realized, "this is not a modeling opportunity, I've been kidnapped."
U.S. Capitol Police that the individual was in custody and that there did not appear to be other suspects or an ongoing threat.
The DNA profile was recovered from gloves found during the investigation into the disappearance of Nancy Guthrie in Arizona.
Democrats made their counteroffer on overhauling immigration enforcement on Monday, the latest step in talks to fund the Department of Homeland Security.
Germany's Bayer has faced thousands of lawsuits after buying Roundup maker Monsanto in 2018 for $63 billion.
Tricia McLaughlin, the Department of Homeland Security's top spokeswoman, is leaving her post next week, two U.S. officials familiar with her plans told CBS News.
Investigators searching for Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, have uncovered several notable pieces of evidence as they try to identify a suspect.
Anderson Cooper will report multiple stories for "60 Minutes" before the end of the television season in May.
U.S. Capitol Police that the individual was in custody and that there did not appear to be other suspects or an ongoing threat.
Anderson Cooper will report multiple stories for "60 Minutes" before the end of the television season in May.
Germany's Bayer has faced thousands of lawsuits after buying Roundup maker Monsanto in 2018 for $63 billion.
The Kennedy-era robin's egg blue that's currently on the planes is being updated to navy, red and gold.
The DNA profile was recovered from gloves found during the investigation into the disappearance of Nancy Guthrie in Arizona.
Germany's Bayer has faced thousands of lawsuits after buying Roundup maker Monsanto in 2018 for $63 billion.
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
After a decade of rapid growth, Lululemon is struggling to find its footing in an increasingly saturated market.
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
U.S. Capitol Police that the individual was in custody and that there did not appear to be other suspects or an ongoing threat.
The Kennedy-era robin's egg blue that's currently on the planes is being updated to navy, red and gold.
"There's something about this administration's attitude toward this, which I think really leads us to conclude they have something to hide," she told the BBC.
Tricia McLaughlin, the Department of Homeland Security's top spokeswoman, is leaving her post next week, two U.S. officials familiar with her plans told CBS News.
President Trump and the Rev. Jesse Jackson, who died Tuesday at the age of 84, knew each other for decades.
Twenty one states in the U.S. have confirmed cases of measles.
The Trump administration's new discounted drug platform, TrumpRx, 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.
Belgian authorities call the U.S. ambassador's intervention in the case of three Jewish religious figures "dangerous disinformation."
Juliette Bryant says not long after meeting Jeffrey Epstein, he assaulted her, and she realized, "this is not a modeling opportunity, I've been kidnapped."
Iran and the U.S. traded threats and warnings even as negotiators sat down to discuss a deal to avert a war, but Tehran says "we now have a clearer path ahead."
The U.S. is brokering a 3rd round of Russia-Ukraine talks, but there's little hope of a breakthrough to end the deadliest war on European soil in 80 years.
Elana Meyers Taylor has won her first Olympic gold in women's monobob, and she made history as the oldest American woman to do it at the Winter Games.
Anderson Cooper will report multiple stories for "60 Minutes" before the end of the television season in May.
Oscar-winning actor Robert Duvall died on Sunday at the age of 95. Duvall starred in classics like "The Godfather" and "Apocalypse Now." Vladimir Duthiers looks back at his career.
Robert Duvall, known for his roles in "The Godfather," "Apocalypse Now" and more, has died at 95, his wife announced in a social media post Monday. CBS News correspondent Shanelle Kaul has more.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
The high-profile ESPN and SiriusXM commentator and bestselling author is a combative and colorful voice on sports. But now, with a weekly political show in which he interviews government leaders, he is raising eyebrows in Washington, too.
Matt Shumer joins "CBS Mornings" to discuss his now viral article, "Something Big Is Happening." He writes that AI's "capability for massive disruption could be here by the end of this year." Shumer explains why he wrote the article, and his message to concerned readers.
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
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.
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.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
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.
The DNA profile was recovered from gloves found during the investigation into the disappearance of Nancy Guthrie in Arizona.
Investigators deployed a "signal sniffer" device to help pinpoint Nancy Guthrie's location using her pacemaker as the search for the mother of "Today" host Savannah Guthrie enters its third week. CBS News' Jonathan Vigliotti has more.
As the search for Nancy Guthrie continues, the Pima County sheriff for the first time is officially ruling out her family members, including siblings and spouses, as possible suspects. Meanwhile, investigators are also using a device known as a "signal sniffer" to try to detect transmissions from Guthrie's pacemaker. Jonathan Vigliotti reports.
Pima County Sheriff Chris Nanos said Nancy Guthrie's family members and their spouses have been cleared as possible suspects in her disappearance. This comes as more details emerge about potential evidence in the case. CBS News' Jonathan Vigliotti reports.
Former Secretary of State Hillary Clinton, who is being pressured to testify on what she knows about Jeffrey Epstein's dealings, is accusing the Trump administration of a cover-up over the Justice Department's handling of the Epstein files release. CBS News' Natalie Brand reports.
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
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.
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.
Bishop William Barber II is the co-chair of the Poor People's Campaign and was a friend and mentee of Jesse Jackson. He joined CBS News to discuss Jackson's life.
Former Secretary of State Hillary Clinton accused the Trump administration of a "continuing cover-up" over its handling of the release of files related to the late convicted sex offender Jeffrey Epstein. The comments came in a BBC interview released Tuesday.
In 1977, Rev. Jesse Jackson spoke to young Black students in Los Angeles, spreading a message of self-help and building their confidence. "Down with dope, up with hope," Jackson, who died Tuesday at age 84, told students in this excerpt from a 1977 60 Minutes report.
The DNA profile recovered from gloves found in the investigation into Nancy Guthrie's disappearance did not come back with any matches when entered into a national database maintained by the FBI, authorities said Tuesday. CBS News reporter Andres Gutierrez has more.
Democrats have sent a counteroffer for immigration enforcement reforms to the White House and Republicans as the partial government shutdown continues. CBS News congressional correspondent Nikole Killion reports.