Sam Bankman-Fried directed financial crimes, FTX co-founder testifies
Gary Wang returned to the witness stand on Friday to testify against fellow co-founder of cryptocurrency exchange.
Gary Wang returned to the witness stand on Friday to testify against fellow co-founder of cryptocurrency exchange.
Some of Sam Bankman-Fried's former co-workers at FTX are expected to testify against him at his fraud trial. CBS News legal analyst Rikki Klieman explains the latest on the case.
Witness testimony resumes Thursday in the criminal fraud trial of Sam Bankman-Fried after the prosecution and defense laid out their opening statements Wednesday. The former CEO of crypto exchange FTX is accused of stealing billions of dollars from customers for his own personal use. He pleaded not guilty back in March. CBS News legal contributor Rebecca Roiphe has more.
Lawyers for Sam Bankman-Fried delivered opening statements in his criminal trial Wednesday. Prosecutors have accused the former FTX CEO of misusing billions of dollars in customer funds. Author Michael Lewis joins CBS News to discuss his new book, "Going Infinite: The Rise and Fall of a New Tycoon," which takes an in-depth look at the rise and fall of Bankman-Fried.
Former FTX employee and "longtime" friend of Sam Bankman-Fried said he quit the crypto exchange after allegations that customer funds had been misused.
Jury selection is underway for the highly anticipated trial of former crypto executive Sam Bankman-Fried, who rose to the top of the cryptocurrency world before his company, FTX, collapsed. He's now accused of defrauding investors and consumers out of billions of dollars. He has pleaded not guilty. CBS News correspondent Elaine Quijano has more.
Best-selling author Michael Lewis joins "CBS Mornings" to discuss his new book, "Going Infinite: The Rise and Fall of a New Tycoon," which tracks the growth and collapse of cryptocurrency firms founded by Sam Bankman-Fried, who is facing trial this week on fraud charges.
First, Merrick Garland on the independence of Trump and Hunter Biden investigations.Then, Michael Lewis’ new book on Sam Bankman-Fried.
Author Michael Lewis spent countless hours with FTX founder and alleged fraudster Sam Bankman-Fried. He details the cryptocurrency wunderkind's rise and fall in his new book, "Going Infinite."
Author Michael Lewis met with FTX founder Sam Bankman-Fried more than 100 times. Lewis breaks down the crypto superstar's rise and fall in his new book, "Going Infinite."
Author Michael Lewis met with FTX founder Sam Bankman-Fried more than 100 times. Lewis breaks down the crypto superstar’s rise and fall in his new book, “Going Infinite.”
Ahead of the trial of Sam Bankman-Fried, 60 Minutes correspondent Jon Wertheim sits down with author and journalist Michael Lewis who had a first-hand look at the rise and fall of the crypto wunderkind.
The FTX founder needs proper access to computers, Adderall and a better vegan diet, his attorneys claim.
In a 70-page court filing, prosecutors say they'll use testimony from collapsed cryptocurrency company FTX's former top executives against founder Sam Bankman-Fried at his trial this October. Bankman-Fried was arrested in December and is accused of leading a scheme to use customer deposits to fund real estate purchases and donations to charities and politicians. Brady Dale, a crypto reporter with Axios, joined CBS News to discuss.
Attorneys had been given a deadline of Monday to serve O'Neal, who they claimed had been avoiding service for several months.
Attorneys allege O'Neal has been dodging being served for months, and that a process server "was sent an ominous and threatening text message by O'Neal or someone acting on his behalf."
Sam Bankman-Fried now faces 13 federal charges, including allegations he offered millions in bribes to a Chinese official.
Prosecutors unveiled securities fraud and other fresh charges against the former cryptocurrency mogul.
They also seized 55.27 million shares of Robinhood stock currently valued at about $526 million.
The new chairman of the House Financial Services Committee said on "The Takeout" this week that Bankman-Fried has "proven himself to be untrustworthy by his actions," and "no word he utters should be believed."
Miami-Dade County owns the arena and negotiated what was to be a 19-year, $135 million naming rights deal with FTX back in 2021.
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.
FTX founder duped customers by using their crypto to pay debts at hedge fund Alameda Research, prosecutors say.
FTX founder Sam Bankman-Fried pleaded not guilty to charges of defrauding customers and investors while appearing in court in New York today. Randy Zelin, a criminal defense attorney, adjunct professor for Cornell University Law School and former prosecutor, joins CBS News to discuss the case.
Before the collapse of crypto exchange FTX, company founder Sam Bankman-Fried gave millions to groups supporting candidates on both sides of the aisle, including about $40 million in political donations in the 2022 election cycle. He is now under arrest on fraud charges. CBS News political reporter Aaron Navarro joins Jeff Pegues with more.
Some Democrats question Biden's ability to campaign in the 2024 presidential election, divide over whether he should be the nominee, after voters say Trump won debate.
Hurricane warnings are already in effect in Barbados, St. Lucia, Grenada, St. Vincent and the Grenadines and Tobago.
"Joe Biden is not going to take himself out of this race – nor should he," Maryland Gov. Wes Moore said Sunday.
The state attorney general is investigating the shooting of Nyah Mway, who was born in Myanmar and is a member of its Karen ethnic minority.
Many French voters are frustrated about inflation and other economic concerns, as well as President Emmanuel Macron's leadership.
Beryl is the first hurricane in more than fifty years to appear before July 4th in the Atlantic basin.
Some of the world's largest companies have toned down their Pride campaigns in the wake of last year's backlash against Target and Bud Light.
No one has so far claimed responsibility for the attacks.
For the destroyer's crew, the war between Israel and Hamas turned a routine seven-month deployment to the Middle East into a fight against Iranian-backed Houthi rebels, who launched drones and missiles from Yemen in support of Hamas.
On this "Face the Nation" broadcast, Maryland Gov. Wes Moore and Sen. J.D. Vance of Ohio join Margaret Brennan.
The state attorney general is investigating the shooting of Nyah Mway, who was born in Myanmar and is a member of its Karen ethnic minority.
Polls show Americans' trust in the Supreme Court has never been lower, especially in light of ethical lapses that lead observers to question the impartiality of the justices.
Hurricane warnings are already in effect in Barbados, St. Lucia, Grenada, St. Vincent and the Grenadines and Tobago.
Family of victim shares new details of their own investigation into what happened the night of the November 2022 murders of four University of Idaho college students and the case against suspect Bryan Kohberger.
Some of the world's largest companies have toned down their Pride campaigns in the wake of last year's backlash against Target and Bud Light.
Last night's presidential debate between Biden and Trump marked a drop in TV viewership from 2020 and 2016.
CDK outage forecast to slow auto sales by 7.2% in June, pushing demand into July.
Cones, chocolate bars and gummies sold nationwide found to contain toxic levels of chemical found in some mushrooms.
Army of volunteers raced to hand out jugs of milk and bags of groceries to line of cars outside Fordyce High School.
On this "Face the Nation" broadcast, Maryland Gov. Wes Moore and Sen. J.D. Vance of Ohio join Margaret Brennan.
The following is a transcript of an interview with UNICEF executive director Catherine Russell on "Face the Nation" that aired on June 30, 2024.
The following is a transcript of an interview with Sen. J.D. Vance of Ohio, a Republican, on "Face the Nation" that aired on June 30, 2024.
The following is a transcript of an interview with Maryland Gov. Wes Moore, a Democrat, on "Face the Nation" that aired on June 30, 2024.
The following is a transcript of an interview with Rep. Jim Himes, a Democrat, on "Face the Nation" that aired on June 30, 2024.
CBS News chief medical correspondent Dr. Jon LaPook talks with experts about the distinctions between normal and abnormal aging as it affects memory issues, a workforce continuing beyond traditional retirement age, and the testing of surgeons who currently work without age limits. (This story was originally broadcast on February 18, 2024.)
Less than 100 intestinal transplants were done in 2023. For Danielle Perea, the surgery was her only chance.
The FDA said its study better simulated how commercial milk processing kills the bird flu virus, H5N1.
Cones, chocolate bars and gummies sold nationwide found to contain toxic levels of chemical found in some mushrooms.
Japan's Kobayashi Pharmaceutical says its looking at possible links between 80 deaths and its benikoji red yeast supplements.
Many French voters are frustrated about inflation and other economic concerns, as well as President Emmanuel Macron's leadership.
For the destroyer's crew, the war between Israel and Hamas turned a routine seven-month deployment to the Middle East into a fight against Iranian-backed Houthi rebels, who launched drones and missiles from Yemen in support of Hamas.
No one has so far claimed responsibility for the attacks.
Hurricane warnings are already in effect in Barbados, St. Lucia, Grenada, St. Vincent and the Grenadines and Tobago.
India won its second T20 World Cup but its first world title in 12 years.
His recently uncovered photographs, long thought lost, are the basis of the former Beatle's book, "1964: Eyes of the Storm," and an exhibition currently at the Brooklyn Museum.
Paul McCartney recently uncovered photographs he'd thought were lost – ones he took during The Beatles' first tour of America in 1964. The pictures – candid shots from the vantage point of newly-anointed superstars – are the basis of the book, "1964: Eyes of the Storm," and an exhibition currently on view at the Brooklyn Museum. Correspondent Anthony Mason gets a private tour with McCartney, who talks about documenting the astonishing welcome that the "lads from Liverpool" received in the U.S. (An earlier version of this story was broadcast on June 18, 2023.)
"Sunday Morning" remembers some of the notable figures who left us this week, including comic actor Martin Mull.
Breaking (or breakdancing), an acrobatic dance style with its roots in New York's hip hop culture, is making its Olympic debut in this year's Summer Games in Paris. Correspondent Luke Burbank talks with Victor Montalvo (a.k.a. B-Boy Victor), who will be competing for breaking gold; and with founding members of the b-boy group New York City Breakers, who came up with some of the sport's original moves in the Bronx back in the late 1970s and early '80s.
From the moment she first began appearing at the side of John F. Kennedy Jr., Carolyn Bessette became one of the most photographed women in the world. Her personal style continues to have an impact 25 years following her death.
This week marks 50 years since the debut of the barcode, those machine-readable black stripes that have changed many aspects of modern life. Bradley Blackburn looks back at its history.
Three major mobile carriers say customers abroad can't make phone calls, send messages.
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.
Recall involves about 132,000 units due to lithium-ion batteries that can overheat, with $20,000 in property damage reported.
Voice actors Paul Skye Lehrman and Linnea Sage say their voices are their livelihoods and are now being stolen by AI.
Called 2024 MK, the space rock will make its closest approach to Earth on Saturday.
Scientists are racing to figure out what's causing strange behavior and even deaths among fish, including the endangered sawfish. The phenomenon started in the Florida Keys, but has been seen as far north as Tampa.
South Africa is home to a large majority of the world's rhinos and as such is a hot spot for poaching driven by demand from Asia.
New research paints a worrying picture about the state of polar bears in Canada's Hudson Bay. The big furry bears could go extinct in the region as early as the 2030s due to thinning ice, longer ice-free seasons and human activity leading to climate change. Geoffrey York, one of the study's co-authors, joins CBS News to break down the findings.
Scientists monitoring 51 chimpanzees saw sick or injured animals eating certain plant items that were not part of their normal diet.
Family of victim shares new details of their own investigation into what happened the night of the November 2022 murders of four University of Idaho college students and the case against suspect Bryan Kohberger.
Alabama college student Aniah Blanchard vanished without a trace in October 2019 — and it took more than a month before her family learned what happened to her.
Police fatally shot a 13-year-old boy late Friday night following a chase in Utica, New York, after the teen displayed what turned out to be a replica handgun, authorities said. Michael George has the latest.
Police said they spotted what "appeared to be a handgun" during the chase, but was later determined to be a pellet gun resembling a Glock 17.
The 36-year-old woman is being held in the Mecklenburg County Jail on a $250,000 bond, jail records show.
The problem for NASA and Boeing is that the Starliner's service module is discarded before re-entry and burns up in the atmosphere.
The latest GOES satellite will play a critical role in tracking hurricanes and other dangerous storms across North America.
China's Chang'e 6 is the first craft ever to collect soil and rock samples from the side of the moon that faces away from Earth into space.
NASA has again postponed the troubled Boeing Starliner's trip home from the International Space Station as crews assess a series of helium leaks. Those leaks had also delayed the first crewed launch of the ship multiple times. Mark Strassmann reports.
NASA canceled a spacewalk on Monday due to a leaky spacesuit. And Starliner commander Barry "Butch" Wilmore and co-pilot Sunita Williams will remain at the International Space Station longer than planned after NASA and Boeing delayed the capsule's return to Earth. CBS News space consultant Bill Harwood breaks down the issues the astronauts are navigating in space.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
Catherine Russell, the UNICEF executive director, tells "Face the Nation" that the humanitarian crisis in Gaza is "the most challenging environment for us to work," with the main problem being a "lack of security" and "so many times so many children have multiple times moved, trying to seek refuge trying to get away from the bombardments."
As the Supreme Court is set to rule on whether a former president is shielded from criminal immunity, potential Trump running mate Republican Sen. J.D. Vance tells "Face the Nation" that he's "very confident" that the Supreme Court will "recognize some broad element of presidential discretion." "The president has to be able to do his job in the same way that police officers, judges and prosecutors enjoy some immunity – that principle has to apply to the president."
With the Supreme Court set to rule on presidential immunity, CBS News legal correspondent Jan Crawford says that she foresees "zero chance that they're going to embrace Donald Trump's argument that he has absolutely immunity." CBS News chief Washington correspondent Major Garrett adds that depending on the outcome of the Supreme Court decision, special counsel Jack Smith will have to decide if he will try the former president ahead of the November election, which could be "the most consequential prosecutorial decision in the history of the country."
Democratic Rep. Jim Himes of Connecticut tells "Face the Nation" that while President Biden "did not perform the way we would have liked to have seen him perform," Himes said he is "not so cynical as to believe that the American people are going to choose a president based on a 90-minute debate rather than a four-year record."
Watch Margaret Brennan's full interview with Maryland Gov. Wes Moore that aired on "Face the Nation," June 30, 2024.