Former FTX CEO Sam Bankman-Fried arrested on fraud charges
Bankman-Fried was arrested on charges including wire fraud and conspiracy related to the collapse of his cryptocurrency exchange.
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.
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
A former worker at the trading firm told his brother and a friend about cryptocurrencies it planned to offer, SEC alleges.
What was to be the maiden launch of the Boeing Starliner with astronauts on board was halted yet again Saturday, this time less than four minutes before liftoff, when a computer system triggered an automatic hold. A launch last month was also canceled due to various issues. Manuel Bojorquez has the latest.
All systems are go for a second attempted launch of Boeing's Starliner capsule on Saturday, making its maiden voyage to the International Space Station with two astronauts on board. Manuel Bojorquez reports from the Kennedy Space Center.
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.
ChatGPT developer OpenAI warns that state actors worldwide use generative artificial intelligence to run covert propaganda operations. The company told The Washington Post it found groups in Russia, China, Iran and Israel using its technology to build and launch social media campaigns. Gerrit De Vynck, tech reporter for The Post, joins CBS News to discuss.
Google said it's rolling back its AI-generated search results feature after two weeks. Here's why.
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
Australia is investigating a potential Ticketmaster data breach affecting over half a billion users. Those behind the attack are said to be offering the data for $500,000 on the dark web. CBS News homeland security and justice reporter Nicole Sganga brings us the latest details.
A notorious cybercriminal group claims to have stolen personal data for 560 million Ticketmaster users. Here's what to know.
The world's first wooden satellite has been built by Japanese researchers who said their tiny cuboid craft is scheduled to be carried into space on a SpaceX rocket in September.
Gamestop's stock jumped more than 87% in premarket trading and opened at $32.35 a share, following the Reddit post.
The hearing on COVID-19 marks Dr. Anthony Fauci's first public appearance on Capitol Hill since leaving government in 2022.
President Biden is expected to issue a long-anticipated executive order as early as Tuesday to partially shut down asylum processing along the U.S.-Mexico border.
The FDA is investigating to see if tainted cucumber sample is related to an ongoing salmonella outbreak that has sickened 141.
A New York City couple says they recently reeled in a safe holding two stacks of waterlogged hundred dollar bills.
Gamestop's stock jumped more than 87% in premarket trading and opened at $32.35 a share, following the Reddit post.
The FDA is investigating to see if tainted cucumber sample is related to an ongoing salmonella outbreak that has sickened 141.
Media magnate Rupert Murdoch, who is 93, married Elena Zhukova on Saturday.
Authors complained for years that the organization was predominantly White — causing membership to plummet.
Costco hasn't raised the cost of its popular hot dog and soda combo in nearly 40 years, and it's not about to now, a senior exec says.
The hearing on COVID-19 marks Dr. Anthony Fauci's first public appearance on Capitol Hill since leaving government in 2022.
President Biden is expected to issue a long-anticipated executive order as early as Tuesday to partially shut down asylum processing along the U.S.-Mexico border.
The package comes as Senate Majority Leader Chuck Schumer has outlined plans for the chamber to put reproductive rights "front and center" this month.
Hunter Biden faces three felony charges related to his purchase and possession of a gun while he was a drug user.
Congresswoman Sheila Jackson Lee, a Democrat who represents Texas' 18th Congressional District, has been diagnosed with pancreatic cancer.
The FDA is investigating to see if tainted cucumber sample is related to an ongoing salmonella outbreak that has sickened 141.
Even if someone has gone through a healing process with body image or their relationship with food, these challenges can "last a lifetime," a licensed mental health counselor tells CBS News.
Almost one in five survey responders had lost a family member or close friend to a drug overdose, researchers found.
The U.S. has ordered 4.8 million doses of vaccine to target bird flu in case the outbreak spreads in people.
Details of the FDA's proposal were published Friday ahead of a meeting next week.
Officials say adverse conditions are holding up efforts to locate 3 experienced mountaineers in Canada's rugged Garibaldi Park.
How did a goldfish end up in a U.K. doctor's garden with no pond around? Here's the story of Alice, aka "Lazarus, aka The Fish Who Lived."
Critics say the true goal of the law is to stigmatize opposition and restrict debate ahead of parliamentary elections in October
You may have heard that six planets were set to align in a rare "parade of planets" this morning. Experts say it wasn't the "spectacular celestial event" you were promised – and shared when you should really watch.
Gang members at the prison nicknamed "El Infiernito" enjoyed access to such luxuries as TV sets and fridges.
Actor Matt Smith is known for his role as the complicated and cunning Daemon Targaryen on "House of the Dragon." He joins "CBS Mornings" to talk about his character's journey this season and what fans can look forward to in the upcoming episodes.
Taylor Momsen, whose band The Pretty Reckless are opening for AC/DC, was performing in Spain when she was bit by a bat.
Cyndi Lauper was a pop music dynamo and MTV-favorite singer who later won a Tony Award for her songs for the stage musical "Kinky Boots." But she wanted more than to just have fun. The subject of a new documentary on Paramount+ called "Let the Canary Sing," Lauper talks with correspondent Anthony Mason about how music made her tumultuous home life better; how she had to be convinced about her breakout record, "Girls Just Want to Have Fun"; and about criticism from producer Quincy Jones that she was a "troublemaker."
"Sunday Morning" remembers some of the notable figures who left us this week, including NBA Hall of Famer and sportscaster Bill Walton.
When the "Jurassic Park" writer died in 2008, he left behind an unfinished novel about a volcanic eruption that imperils all life on Earth. Enter bestselling author James Patterson, tasked with completing Crichton's thriller.
What was to be the maiden launch of the Boeing Starliner with astronauts on board was halted yet again Saturday, this time less than four minutes before liftoff, when a computer system triggered an automatic hold. A launch last month was also canceled due to various issues. Manuel Bojorquez has the latest.
All systems are go for a second attempted launch of Boeing's Starliner capsule on Saturday, making its maiden voyage to the International Space Station with two astronauts on board. Manuel Bojorquez reports from the Kennedy Space Center.
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.
ChatGPT developer OpenAI warns that state actors worldwide use generative artificial intelligence to run covert propaganda operations. The company told The Washington Post it found groups in Russia, China, Iran and Israel using its technology to build and launch social media campaigns. Gerrit De Vynck, tech reporter for The Post, joins CBS News to discuss.
Google said it's rolling back its AI-generated search results feature after two weeks. Here's why.
The British journalist and author of "Midnight in Chernobyl" returns with his exhaustively-researched new book about the 1986 space shuttle disaster.
A recent study from the University of Washington suggests that rising summer temperatures threaten triploid oysters, specifically bred in the 1970s to be more resilient to harsher environments. Despite that, researchers found that triploids die nearly 2.5 times faster than other oysters when under heat stress. Neil Thompson, geneticist for the U.S. Department of Agriculture Agricultural Research Service, joins CBS News to unpack the findings.
The New Caledonian fern, Tmesipteris oblanceolata, has more than 50 times more DNA packed into the nucleus of its cells than humans do.
Can the climate crisis be won as temperatures soar, oceans rise and air quality deteriorates? Former presidential candidate Tom Steyer thinks it can. The climate investor joins "America Decides" to discuss his new book "Cheaper, Faster, Better: How We'll Win the Climate War."
The spread of an avian flu virus in cattle has again brought public health attention to the potential for a global pandemic. Fighting it would depend, for now, on 1940s technology that makes vaccines from hens' eggs.
Gang members at the prison nicknamed "El Infiernito" enjoyed access to such luxuries as TV sets and fridges.
Chaowalit Thongduang spent months on the run in connection with several killings and drug trafficking charges.
The Gila River Indian Community issued a temporary ban on dances after a police officer was fatally shot and another wounded while responding to a reported disturbance.
Hennepin County Attorney Mary Moriarty has filed a notice of dismissal of charges against Minnesota state trooper Ryan Londregan in the shooting death of 33-year-old Ricky Cobb II.
An early morning shooting in Akron, Ohio killed one person and injured two dozen people, some critically, police said.
You may have heard that six planets were set to align in a rare "parade of planets" this morning. Experts say it wasn't the "spectacular celestial event" you were promised – and shared when you should really watch.
The spacecraft, part of the Chang'e moon exploration program, will collect soil and rock samples.
The second attempt to send Boeing's Starliner crew capsule into orbit was canceled just minutes before it was set to launch on Saturday.
Nearly a month after a frustrating launch scrub, the Starliner and its two-person crew were initially cleared for a second attempt to reach orbit.
If you missed the fantastic display of the northern lights in May, you could soon have another chance. In early June, the active solar region responsible for those multi-colored hues in the night sky will be in prime position to generate solar storms impacting us on Earth. Ryan French, solar physicist with the National Solar Observatory, joins CBS News to explain.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Forrest Fenn hid a treasure somewhere in the Rocky Mountains. Five men died searching for it.
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
Actor Matt Smith is known for his role as the complicated and cunning Daemon Targaryen on "House of the Dragon." He joins "CBS Mornings" to talk about his character's journey this season and what fans can look forward to in the upcoming episodes.
New York Times bestselling author Jonathan Haidt's latest book "The Anxious Generation" is causing a buzz among parents, teachers and more. He joins "CBS Mornings" to talk about America's youth in the smartphone era and what parents can do to help reduce smartphone dependency.
The prestigious James Beard Awards are often dubbed the Oscars of the culinary world. Chef Fariyal Abdullahi is a first-time nominee and finalist in the "Emerging Chef" category. Known for her appearances on Food Network's "Chopped," the Ethiopian-born chef runs the kitchen at Hav & Mar in New York City.
Rep. Sheila Jackson Lee, a 74-year-old Texas Democrat, is battling pancreatic cancer. Lee was first elected to Congress in 1994 and is up for reelection this year. Lee was treated for breast cancer more than a decade ago. Anne-Marie Green has more on that and other news headlines.
A chance encounter between a 90-year-old grocery store employee and a former longtime Louisiana news anchor led to an outpouring of generosity from people across the country. CBS News contributor David Begnaud has more.