MIT-educated brothers accused of stealing $25M in crypto in 12 seconds
The 12-second execution of the alleged theft took months to plan, federal prosecutors said.
The 12-second execution of the alleged theft took months to plan, federal prosecutors said.
The peace and quiet of rural Bono, Arkansas, has been shattered by a loud and incessant mechanical buzzing sound created by a bitcoin mine. Residents are HODL.
Craig Wright has for eight years claimed he was the man behind "Satoshi Nakamoto," the mysterious pseudonym masking the identity of the creator of bitcoin.
The value of bitcoin has climbed $25,000 since the start of the year, fueled by growing demand among mainstream investors.
The world's largest cryptocurrency exchange platform admits it did not take appropriate steps to prevent money laundering on its site.
In a move that may have looked like a late April Fools joke, users checking Twitter this week found the familiar bird logo was replaced with an internet-famous dog.
Sam Bankman-Fried now faces 13 federal charges, including allegations he offered millions in bribes to a Chinese official.
The Securities and Exchange Commission announced charges against crypto entrepreneur Justin Sun and celebrity backers of his crypto asset companies Tronix and BitTorrent.
People duped by the complex scheme say they were lured by misleading advertising and, in many cases, trusted acquaintances who'd been fooled themselves.
Former Celtics player agreed to $1.4 million in penalties after pushing a crypto token he was paid to promote.
Criminals with ties to North Korea helped create "the biggest year ever for crypto hacking" in 2022, according to Chainalysis.
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."
Crypto trading exchange is eliminating 20% of its workforce, its second round of layoffs in recent months.
FTX founder duped customers by using their crypto to pay debts at hedge fund Alameda Research, prosecutors say.
Prosecutors will have to prove the cryptocurrency company founder intentionally duped customers, legal analysts said.
Users of the cryptocurrency exchange accuse it of stealing their assets and stopping them from making withdrawals.
The FTX founder was ordered to home confinement at his parents' home in Palo Alto, California.
Word of the agreements came on the same day Bankman-Fried was being flown back to the U.S. from the Bahamas to face fraud charges.
A bankruptcy court is hearing FTX's case days after its founder Sam Bankman-Fried was charged with fraud. He told the Wall Street Journal prior to his arrest that he did not know about potential fraud at his company, and "can only guess" where billions of dollars from his customers went. WSJ reporter Alexander Osipovich interviewed Bankman-Fried, and joins CBS News to discuss the former CEO and the ongoing investigations into his failed crypto company.
Customers of Binance, the biggest crypto exchange, withdrew billions in funds this week. The company says it's safe.
Bankman-Fried is facing eight charges for financial crimes, including campaign finance violations.
Once hailed as a genius, the 30-year-old MIT grad now faces multiple charges of fraud following the collapse of his crypto firm.
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.
Some school districts are turning to technology like artificial intelligence to help tackle major bus driver shortages. A school district in Colorado shows how their system could become a model nationwide.
A severe school bus driver shortage has left many students without reliable transportation but a district in Colorado Springs has found a high-tech solution.
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.
Advocates say the technology, including facial recognition, will lead to improved security and efficiency, but some remain concerned about privacy.
New technology is transforming the way travelers pass through airports. Biometrics, including facial recognition are becoming more common. A push in Congress to restrict the TSA's use of biometrics failed earlier this month.
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
Dr. Sue Varma joins "CBS Mornings" to share her guidance on what the signs of tech addiction are, what parents should look out for with their kids, how tech addiction can be treated and how we can all maintain healthy boundaries with technology.
New legislation could hold people accountable who share non-consensual deepfake porn images online.
Artificial intelligence can create fake images and videos of real people, including so-called deepfake porn. Congress is now considering a bill to make it illegal to share those images, exposing those who post deepfake porn to jail time and a hefty fine. There were more than 21,000 deepfake porn videos online last year.
Prosecutors are delivering their closing argument in former President Donald Trump's "hush money" trial in a New York court.
The decision could complicate prosecutors' case against New Jersey Sen. Bob Menendez as it relates to Egypt and military aid.
Mormon crickets leave behind a foul-smelling sludge when they're crushed. The sludge caused several car accidents in Nevada on Saturday.
Employees who constantly emphasize how stressed out they are at work are shooting themselves in the foot, study suggests.
The Democratic National Committee wants to nominate President Biden and Vice President Harris virtually before the scheduled convention to ensure meeting Ohio's Aug. 7 ballot certification deadline.
Employees who constantly emphasize how stressed out they are at work are shooting themselves in the foot, study suggests.
Amtrak said trains traveling between Boston and Washington, D.C., could face delays because of the heat this summer.
Participants in the anti-consumption movement talk it up as a away to shed debt and protect the planet.
T-Mobile to use U.S. Cellular wireless spectrum to improve coverage in rural areas, company says.
A group of investors will put up $6 billion to fund development of artificial intelligence by Elon Musk's xAI.
Prosecutors are delivering their closing argument in former President Donald Trump's "hush money" trial in a New York court.
The decision could complicate prosecutors' case against New Jersey Sen. Bob Menendez as it relates to Egypt and military aid.
The Democratic National Committee wants to nominate President Biden and Vice President Harris virtually before the scheduled convention to ensure meeting Ohio's Aug. 7 ballot certification deadline.
The man convicted in the 2022 hammer attack on Paul Pelosi apologized and was again sentenced to 30 years in prison Tuesday, as the sentencing hearing in his case was reopened due to a court error.
"The reality is that some people do indeed try to game the system," Homeland Security Secretary Alejandro Mayorkas told CBS News.
How do American sunscreens stack up against others around the world? A 1938 law may be blocking your best options for skin cancer protection.
Candy is not great for your teeth, but experts say there are three other types of foods and drinks to be mindful about for better oral health.
Drugs such as LSD, ketamine, mushrooms and MDMA can be powerful treatments for severe depression and PTSD, mounting evidence suggests — but not everyone is convinced.
Spencer Wright's son, Levi Wright, has shown some progress since he was found unconscious in a river, his mother said.
Bird flu has been confirmed in dairy cattle herds in nine states, has been found in milk and has prompted the slaughter of millions of chickens and turkeys.
Tyler Wenrich was facing a potential mandatory minimum sentence of 12 years in prison in the Turks and Caicos Islands.
Pope Francis' office issued a statement on Tuesday responding to reports that the pontiff had used a homophobic slur in a closed-door meeting with bishops.
Spain, Ireland and Norway moved to formally recognize a Palestinian state on Tuesday, a step toward a long-held Palestinian aspiration amid the Israel-Hamas war.
At least 100 parrots, bats and other animals have died amid a heatwave in Mexico. More than 150 monkeys have died.
Police said "officers arrested a man after he allegedly ran naked through the aircraft mid-flight and knocked a crew member to the floor."
Albert S. Ruddy, who won Oscars for "The Godfather" and "Million-Dollar Baby" and helped create TV's "Hogan's Heroes," died Saturday.
A venue issued an apology after actor Richard Dreyfuss made allegedly sexist and homophobic comments at a "Jaws" event on Saturday.
Bestselling author John Grisham is returning to the beach with his latest page-turner. His book "Camino Ghosts" is the third in his Camino Island trilogy. He talks to "CBS Mornings" about the important history behind the book.
Wactor was shot and killed when he interrupted three suspects in the midst of a catalytic converter theft in downtown LA early Saturday morning, according to family members.
In the Off-Broadway comedy, Sedgwick plays the mother of a young disabled woman who is romantically involved with a disabled man.
Some school districts are turning to technology like artificial intelligence to help tackle major bus driver shortages. A school district in Colorado shows how their system could become a model nationwide.
A severe school bus driver shortage has left many students without reliable transportation but a district in Colorado Springs has found a high-tech solution.
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.
Advocates say the technology, including facial recognition, will lead to improved security and efficiency, but some remain concerned about privacy.
New technology is transforming the way travelers pass through airports. Biometrics, including facial recognition are becoming more common. A push in Congress to restrict the TSA's use of biometrics failed earlier this month.
One million species worldwide are threatened with extinction, according to the United Nations. One of the reasons is climate change. As dire as it sounds, there are many communities working to protect the Earth and those threatened species.
Shining galaxies, a purple and orange star nursery and a spiral galaxy are among the new images.
New research indicates the sun's magnetic field originates much closer to the surface than previously thought, a finding that could help predict extreme solar storms.
The National Oceanic and Atmospheric Administration released new 2024 weather outlooks for the summer. CBS News Chicago meteorologist David Yeomans breaks down how the predictions may be connected to climate change.
The Environmental Protection Agency is urging water systems to take immediate actions to protect the nation's drinking water from cyberattacks. CBS News homeland security and justice reporter Nicole Sganga joins to discuss.
The man convicted in the 2022 hammer attack on Paul Pelosi apologized and was again sentenced to 30 years in prison Tuesday, as the sentencing hearing in his case was reopened due to a court error.
David Berkowitz terrorized New York City with a series of shootings that killed six people and wounded seven beginning in July 1976.
Police said "officers arrested a man after he allegedly ran naked through the aircraft mid-flight and knocked a crew member to the floor."
A helicopter from a surveillance frigate landed a team on the fishing boat about 1,500 kilometers northeast of Martinique.
Louisiana authorities found two inmates who had escaped from the Tangipahoa Parish Jail, just north of New Orleans, hiding in a dumpster — but two others are still at large, the parish sheriff's office says.
Scientists used decades-old images to track changes on the planet's surface.
Engineers are confident the leak will not worsen in flight, and even if it does, the Starliner can safely launch June 1.
The orbits of six planets will bring them to the same side of the sun to create a "planetary parade" in early June.
Shining galaxies, a purple and orange star nursery and a spiral galaxy are among the new images.
NASA managers have ordered additional reviews of a small helium leak in Boeing's Starliner spacecraft to make sure it can be safely launched as is.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
A photographer who was on "The Dating Game" became one of the nation's deadliest serial killers. Eight years after "48 Hours"' first report, new victims emerge. Correspondent Peter Van Sant reports Saturday, June 1 at 9/8c on CBS.
Donald Trump's defense cast doubt on Michael Cohen's testimony during closing arguments at the former president's "hush money" criminal trial. Lead attorney Todd Blanche repeatedly called Cohen a liar during his statement. CBS News' Katrina Kaufman and Errol Barnett report.
Republican Rep. Tony Gonzales is facing a challenge by the more conservative-leaning Brandon Herrera in Texas' 23rd congressional district. CBS News' Hunter Woodall is following the race.
Philanthropist Melinda French Gates announced Tuesday she's donating $1 billion to help support women and families, with a focus on reproductive rights and combating the racial gap in mortality rates for women. CBS News' Caitlin Huey-Burns has more.
Melinda French Gates has announced a $1 billion donation, and several millions in grants, for nonprofits and change-makers helping women and families. Richard V. Reeves, the founding president of The American Institute for Boys and Men, joins CBS News with his reaction to the news of a $20 million grant from the philanthropist.