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 U.S. military said Monday that the number of Americans killed during the ongoing conflict with Iran now stands at six. Follow live updates on Day 3 of the war.
The White House announced first lady Melania Trump would preside over the meeting last week before the U.S. and Israel launched a joint military mission in Iran.
The gunman who killed 2 and wounded 14 at a bar in Austin also wore a hoodie that said "Property of Allah."
The House Oversight Committee released recordings of last week's depositions with former President Bill Clinton and former Secretary of State Hillary Clinton.
The first U.S. casualties of the war with Iran occurred among American personnel based in Kuwait.
Lawmakers are raising concerns that prediction market users are engaging in insider trading to wager on U.S. military actions.
The Supreme Court ruled last month at President Trump did not have the authority to issue his sweeping tariffs under a federal emergency powers law.
The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.
President Trump said he expects the bombing campaign to last four to five weeks, but "we have [the] capability to go far longer than that."
The Supreme Court order blocks for now a California law that bans automatic parental notification requirements if students change their pronouns or gender expression at school.
The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.
Lawmakers are raising concerns that prediction market users are engaging in insider trading to wager on U.S. military actions.
The DNC is announcing Monday that the 2028 national convention will be held from Aug. 7 to Aug. 10, CBS News has learned.
The House Oversight Committee released recordings of last week's depositions with former President Bill Clinton and former Secretary of State Hillary Clinton.
The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.
Lawmakers are raising concerns that prediction market users are engaging in insider trading to wager on U.S. military actions.
The Supreme Court ruled last month at President Trump did not have the authority to issue his sweeping tariffs under a federal emergency powers law.
More employees are clinging to their positions in a trend known as "job-hugging." That's making it harder for job-seekers to find work.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
The Supreme Court order blocks for now a California law that bans automatic parental notification requirements if students change their pronouns or gender expression at school.
President Trump is a central figure for both Democrats and Republicans, going into the primary season, ahead of the 2026 midterm elections.
The DNC is announcing Monday that the 2028 national convention will be held from Aug. 7 to Aug. 10, CBS News has learned.
The House Oversight Committee released recordings of last week's depositions with former President Bill Clinton and former Secretary of State Hillary Clinton.
The Supreme Court seemed likely Monday to loosen a federal law that bars marijuana users from owning guns in a case that crossed typical political lines.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
More than three dozen states cover dental services for people on Medicaid, but with about $900 billion in cuts expected to hit states over the next decade, many programs could roll back dental coverage.
Chaz and Jean Franklin were facing a sevenfold increase in their health premium payments with the expiration of enhanced federal subsidies for Affordable Care Act plans. Then Jean received a crushing diagnosis.
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.
Women and children were among the dead, in addition to dozens of combatants, officials said.
Air travel chaos intensified as the war with Iran stretched into a third day — keeping airspace and airports in the Middle East closed and leaving travelers stranded.
President Trump said he expects the bombing campaign to last four to five weeks, but "we have [the] capability to go far longer than that."
The White House announced first lady Melania Trump would preside over the meeting last week before the U.S. and Israel launched a joint U.S.-Israeli military mission in Iran.
Actor Christa Miller speaks about starring in "Shrinking," how her life experiences helped to inspire the series and what it's like to work with her husband, who is a co-creator of the show.
Brad Falchuck, the host and executive producer of "Famous Last Words," speaks about the series and his meaningful conversation with actor Eric Dane, who died last month from ALS. In the show, Falchuck sits down with public figures for an in-depth conversation, but the interviews only air after the subject dies.
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
In this web exclusive, composer Marc Shaiman, a Tony Award-winner for "Hairspray," and a seven-time Oscar nominee, talks with Tracy Smith about his career; his new memoir, "Never Mind the Happy: Showbiz Stories From a Sore Winner"; and his collaboration and friendship with Rob Reiner.
A Tony Award-winner for "Hairspray," and a seven-time Oscar nominee, Marc Shaiman has written about his nearly 50 years in show business in a new memoir, "Never Mind the Happy: Showbiz Stories From a Sore Winner."
The CEO of Anthropic says his company refused to allow its technology to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement).
Dario Amodei, co-founder and CEO of the artificial intelligence company Anthropic, says his company refused to allow its AI product, Claude, to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement). That prompted President Trump to announce Friday that he is banning Anthropic's technology from all federal use, while Secretary of Defense Pete Hegseth labeled the company "a supply chain risk to national security." Amodei talks with correspondent Jo Ling Kent about why he calls the administration's actions "retaliatory and punitive."
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.
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
In an exclusive interview with CBS News, Anthropic CEO Dario Amodei said that the Pentagon's decision to designate the AI company a supply chain risk is "retaliatory and punitive." The Pentagon made the designation, which restricts military contractors from doing business with Anthropic, after the company refused to give the military unfettered access to its AI model.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
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.
At least two people are dead, and 14 others are injured after a shooting outside an Austin, Texas, bar on Sunday. The FBI is investigating the shooting as a possible terror attack. CBS News' Jason Allen and Camilo Montoya-Galvez have more.
A man was arrested for a stabbing incident in Edinburgh, Scotland, after a standoff with police in which he was photographed leaning out a window with a menacing grin.
Authorities in Texas gave an update Monday on the shooting that killed two people at a bar in Austin over the weekend. The incident is being investigated for possible terrorism ties to the U.S. airstrikes in Iran.
A deadly shooting at a popular bar in Austin, Texas, is being investigated for possible links to terrorism. Two people were killed and 14 others injured, authorities said.
The gunman who killed 2 and wounded 14 at a bar in Austin also wore a hoodie that said "Property of Allah."
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
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.
Iran's government confirmed it's starting the process of picking a new supreme leader after Ayatollah Ali Khamenei died during Saturday's attack. The process, established in 1979 when Iran's new theocratic government took power, has been used only once. CBS News' Lindsey Reiser explains.
The Pentagon on Saturday kicked off what it's calling "Operation Epic Fury," striking multiple targets across Iran. CBS News White House reporter Olivia Rinaldi has more. Then, Jon Alterman with the Center for Strategic and International Studies joins with analysis.
At least two people are dead, and 14 others are injured after a shooting outside an Austin, Texas, bar on Sunday. The FBI is investigating the shooting as a possible terror attack. CBS News' Jason Allen and Camilo Montoya-Galvez have more.
For the first time in history, Iranian officials say the country has closed the Strait of Hormuz following joint strikes from the U.S. and Israel. 20% of the world's oil and gas trade flows through the passage along Iran's southern border. Politico oil and gas reporter James Bikales joins to discuss the potential financial repercussions.
Secretary of State Marco Rubio briefed the "Gang of Eight" on Capitol Hill on Monday over the war with Iran. CBS News congressional reporter Taurean Small has the latest on how lawmakers are reacting.