
Sam Bankman-Fried charged with fraud and money laundering
Prosecutors allege the FTX founder defrauded customers by using their crypto to pay debts incurred by his hedge fund.
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Prosecutors allege the FTX founder defrauded customers by using their crypto to pay debts incurred by his hedge fund.
Securities regulators claim Sam Bankman-Fried built a "house of cards" while telling investors their money was safe.
Bankman-Fried was arrested on charges including wire fraud and conspiracy related to the collapse of his cryptocurrency exchange.
New crypto exchange chief points to massive failures under Sam Bankman-Fried ahead of House committee hearing.
DOJ officials want to investigate "allegations of fraud, dishonesty, incompetence, misconduct and mismanagement."
Bankman-Fried, who was once worth $26.5 billion, said he had one working credit card and $100,000 left in a bank account.
Recouped funds are a fraction of the billions of dollars thought to have gone missing from the exchange's coffers.
Some of those assets are believed to have been seized by government officials in Bahamas, where company is based.
Total value of cryptocurrencies has fallen more than $1 trillion this year as investor sentiment sours.
"New technology has made it easier for bad actors to take advantage of innocent victims," said one prosecutor.
Bankruptcy court documents offer a glimpse of just how much the Bahamas-based crypto exchange is in debt.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
Bankrupt crypto exchange plagued by "complete absence of trustworthy financial information," CEO John Ray III said.
The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
"People are going to be waiting on the sidelines for a very long time," said one law professor of the exchange's account holders.
One of the world's most prominent cryptocurrency exchanges suddenly crashed and burned. Here's what happened.
CEO Sam Bankman-Fried also resigned from FTX, which was facing a financial crunch and a federal probe.
World's third-largest cryptocurrency exchange spent big on Super Bowl ads and stadium names. Now it's trying to survive.
World's largest crypto exchange abruptly reverses course after having previously agreed to purchase FTX.
The deal, announced via Twitter, would make Binance an even more dominant player in the cryptocurrency industry.
About $718 million in digital assets were taken in October alone, according to blockchain analytics firm Chainalysis.
Former CEO Alex Mashinsky withdrew about $10 million in crypto holdings, then resigned from the company last month.
Kardashian is paying the settlement without admitting to or denying the SEC's findings, the agency said.
Safeguarding your crypto fund boils down to practicing strong cybersecurity habits. Here's what not to do
Bill that would require crypto traders, brokers and other industry players to register with the government.
U.S. Department of Justice attorneys are seeking to impose sweeping penalties on Google after a court ruled the tech giant is a monopoly.
Companies say fake job seekers are using artificial intelligence to get remote jobs, often in an attempt to steal insider secrets.
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.
Biotech company Colossal Bioscience has made headlines for saying it brought the dire wolf species back from extinction. CBS News' Lindsey Reiser spoke with the company's chief science officer, Beth Shapiro, who broke down the science and motivations behind the project.
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
A federal judge ruled Thursday that Google is a monopolist in markets for online advertising technology. CBS News' Kelly O'Grady has the details.
A national lost-and-found database run by the nonprofit Petco Love has helped reunite more than 100,000 families with missing animals.
The ruling involving Google's online ad technology follows a similar case last year in which Google's search engine was declared a monopoly.
Mike Patrick called countless college football and basketball games, and is best known for his work on ESPN's "Sunday Night Football" from 1987 through 2005.
National Institutes of Health Director Dr. Jay Bhattacharya said "it's hard to guarantee when science will make an advance."
Democratic members of Congress demanded their immediate release.
Lori Vallow Daybell was sentenced to life without parole after an Idaho jury found her guilty in May 2023 on all charges for her role in the deaths of her two youngest children, Tylee Ryan, 16, Joshua "JJ" Vallow, 7, and her husband's first wife, Tammy Daybell.
The Lenape's efforts helped lead to a 2021 ban on fracking in the Delaware River Basin and prevented the building of a dam along the river in 2002.
Elon Musk told Tesla investors that he plans to scale back his time at the Department of Government Efficiency.
President Trump said he isn't planning on firing Federal Reserve chair Jerome Powell, one day after calling Powell a "major loser."
Federal health officials want companies to swap out certain food dyes with natural alternatives.
Tesla's sales and stock price have taken a hit this year amid blowback over CEO Elon Musk's role in the Trump administration.
Record consumer debt, years of steep inflation and other factors are driving more Americans to considering filing for bankruptcy.
Democratic members of Congress demanded their immediate release.
Elon Musk told Tesla investors that he plans to scale back his time at the Department of Government Efficiency.
President Trump said he isn't planning on firing Federal Reserve chair Jerome Powell, one day after calling Powell a "major loser."
Lawyers for Kilmar Abrego Garcia say DOJ has provided "nothing of substance" in response to the expedited discovery process ordered by the judge.
A jury concluded The New York Times did not libel former Alaska Gov. Sarah Palin for an error in a 2017 editorial she says damaged her reputation.
National Institutes of Health Director Dr. Jay Bhattacharya said "it's hard to guarantee when science will make an advance."
Federal health officials want companies to swap out certain food dyes with natural alternatives.
Ever struggled with planning nutritious meals? A TikTok user has shared his viral solution that others online have dubbed "people kibble."
Tina Knowles, mother of Beyoncé and Solange, spoke to "CBS Mornings" co-host Gayle King about her Stage 1 breast cancer diagnosis and how her daughters Beyoncé and Solange, niece Angie Beyincé, and bonus daughter Kelly Rowland have supported her throughout the process.
When the Trump administration cut more than $11 billion in COVID-era funds to states, addiction recovery programs suffered swift losses.
Dillon Dube, Carter Hart, Michael McLeod, Cal Foote and Alex Formenton were charged with sexual assault last year for an incident that allegedly took place in 2018 in London, Ontario.
CBS News spoke to parishioners at Co-Cathedral of the Sacred Heart after the death of Pope Francis.
India's Prime Minister Narendra Modi says the gunmen behind a terrorist attack on tourists in the Kashmir region "will not be spared!"
Army Cpl. Albert J. Estrada was a member of the 7th Infantry Division and fought at the Battle of Chosin Reservoir.
Among Pope Francis' last words were "thank you" to his personal nurse, for encouraging him to greet crowds in St. Peter's Square one last time.
Oprah Winfrey has named "Matriarch" by Tina Knowles as her latest book club selection. The memoir shares Knowles' personal journey from growing up in segregated Texas to raising music icons Beyoncé and Solange.
Agent turned producer Elaine Goldsmith-Thomas joins us to discuss her debut novel "Climbing in Heels," a story set in the 1980s about three women navigating the cutthroat world of Hollywood representation. The book, already being developed into a TV series, was inspired by her real-life experiences and encouraged by her producing partner, Jennifer Lopez.
Tina Knowles shares how a missed mammogram may have led to a delayed detection of breast cancer, and opens up about the support from her daughters, Beyoncé and Solange, niece Angie Beyincé, and bonus daughter Kelly Rowland.
George Clooney dyed his hair to star in the Broadway adaptation of "Good Night and Good Luck," and he knows it's catching people off guard.
Monday marks nine years since the death of Minnesota superstar Prince, and his former home and recording studio marked the occasion by inviting fans for a day of remembrance.
U.S. Department of Justice attorneys are seeking to impose sweeping penalties on Google after a court ruled the tech giant is a monopoly.
Companies say fake job seekers are using artificial intelligence to get remote jobs, often in an attempt to steal insider secrets.
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.
Biotech company Colossal Bioscience has made headlines for saying it brought the dire wolf species back from extinction. CBS News' Lindsey Reiser spoke with the company's chief science officer, Beth Shapiro, who broke down the science and motivations behind the project.
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
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.
This asteroid is bigger than scientists anticipated, about 5 miles long and 2 miles wide at its widest point — resembling a deformed peanut.
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
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.
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.
An Arizona jury on Tuesday convicted Lori Vallow Daybell of conspiring to murder her estranged husband in 2019. CBS News' Andres Gutierrez and Jessica Levinson have more details.
An Arizona woman has been found guilty of conspiring to murder her estranged husband in 2019. Lori Vallow Daybell pleaded not guilty and represented herself in court. She is already serving life sentences in Idaho for the murders of her children and conspiring to murder her then-boyfriend's wife. CBS News legal contributor Jessica Levinson has more.
Lori Vallow Daybell was sentenced to life without parole after an Idaho jury found her guilty in May 2023 on all charges for her role in the deaths of her two youngest children, Tylee Ryan, 16, Joshua "JJ" Vallow, 7, and her husband's first wife, Tammy Daybell.
"Doomsday mom" Lori Vallow Daybell, who was convicted in the murders of her children, was found guilty of conspiring to murder her estranged husband in 2019.
Vicki Radig, 20, was reported missing by her family in March 1981.
This asteroid is bigger than scientists anticipated, about 5 miles long and 2 miles wide at its widest point — resembling a deformed peanut.
During the peak of the Lyrid meteor shower, 10 to 20 meteors could be seen per hour, NASA says.
Don Pettit, NASA's oldest active astronaut, marked his 70th birthday by landing on the steppe of Kazakhstan after 220 days in space.
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
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.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
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.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
An Arizona jury on Tuesday convicted Lori Vallow Daybell of conspiring to murder her estranged husband in 2019. CBS News' Andres Gutierrez and Jessica Levinson have more details.
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.
Recent research found 87% of rivers studied across the U.S. and Europe are warming, with 70% losing oxygen. Communities that depend on fishing tourism are feeling the impact. David Schechter reports.
For more than 50 years, the Endangered Species Act has helped protect nearly 1,700 plants and animals, including the bald eagle. But the act, signed into law by Richard Nixon, is expected to get a major overhaul with a proposed rule change by the Trump administration. Andrew Wetzler, a senior vice president at the Natural Resources Defense Council, joins to discuss.
Mourners will be able to visit Pope Francis as he lies in state at St. Peter's Basilica starting Wednesday. Chris Livesay has the latest.