Sam Bankman-Fried set to plead not guilty to fraud, report says
Prosecutors will have to prove the cryptocurrency company founder intentionally duped customers, legal analysts said.
Cryptocurrency
FTX customers file lawsuit seeking to recover crypto assets
Users of the cryptocurrency exchange accuse it of stealing their assets and stopping them from making withdrawals.
FTX founder Sam Bankman-Fried released on $250 million bond
The FTX founder was ordered to home confinement at his parents' home in Palo Alto, California.
Two associates of FTX founder Sam Bankman-Fried agree to plea deals
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.
Bankruptcy court hears FTX case
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.
Fear shadows cryptocurrency exchanges after FTX's collapse
Customers of Binance, the biggest crypto exchange, withdrew billions in funds this week. The company says it's safe.
Where Bankman-Fried's $40 million in 2022 political donations went
Bankman-Fried is facing eight charges for financial crimes, including campaign finance violations.
What to know about the charges facing FTX's Sam Bankman-Fried
Once hailed as a genius, the 30-year-old MIT grad now faces multiple charges of fraud following the collapse of his crypto firm.
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.
SEC charges former FTX CEO with defrauding crypto investors
Securities regulators claim Sam Bankman-Fried built a "house of cards" while telling investors their money was safe.
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.
"Grossly inexperienced" leaders led to FTX collapse, new CEO says
New crypto exchange chief points to massive failures under Sam Bankman-Fried ahead of House committee hearing.
Justice Department seeks independent probe of FTX's meltdown
DOJ officials want to investigate "allegations of fraud, dishonesty, incompetence, misconduct and mismanagement."
Sam Bankman-Fried: "I've had a bad month"
Bankman-Fried, who was once worth $26.5 billion, said he had one working credit card and $100,000 left in a bank account.
$740 million in crypto assets recovered in FTX bankruptcy
Recouped funds are a fraction of the billions of dollars thought to have gone missing from the exchange's coffers.
FTX had "substantial amount" of assets stolen
Some of those assets are believed to have been seized by government officials in Bahamas, where company is based.
Bitcoin slumps as FTX meltdown triggers fears of contagion
Total value of cryptocurrencies has fallen more than $1 trillion this year as investor sentiment sours.
U.S. authorities: 2 Estonians arrested in $575M crypto scam
"New technology has made it easier for bad actors to take advantage of innocent victims," said one prosecutor.
Bankrupt FTX Trading owes creditors more than $3 billion
Bankruptcy court documents offer a glimpse of just how much the Bahamas-based crypto exchange is in debt.
Tom Brady, Gisele Bundchen among those sued after FTX collapse
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
FTX's new CEO: Company suffered a "complete failure"
Bankrupt crypto exchange plagued by "complete absence of trustworthy financial information," CEO John Ray III said.
Yellen warns of "risky" cryptocurrency, touts "resilient" U.S. economy
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."
Customers of bankrupt FTX may never get their crypto back
"People are going to be waiting on the sidelines for a very long time," said one law professor of the exchange's account holders.
FTX Trading meltdown: What you should know
One of the world's most prominent cryptocurrency exchanges suddenly crashed and burned. Here's what happened.
Sam Bankman-Fried's crypto exchange FTX files for bankruptcy
CEO Sam Bankman-Fried also resigned from FTX, which was facing a financial crunch and a federal probe.
Technology
Technology
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
How AI powered robots are helping small farms
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.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Smart home security tips for personal and cyber protection
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
Want to work in AI? Here are the skills to master, economist says
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
DraftKings hopes to score big with new prediction markets app
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Japanese woman marries AI boyfriend
People are starting to develop lasting connections with artificial technology. Melissa J. Perry, the dean of the College of Public Health at George Mason University, joins CBS News with more details.
U.S.
More U.S.
Two police officers injured, suspect killed during child custody exchange
Police were called to a shopping center late Friday morning. Two officers were shot and are in critical condition.
This week on "Sunday Morning" (Dec. 28)
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
U.S. stocks hover at record highs after the Christmas holiday
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
Veterans Affairs Department reimposing near total abortion ban
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
Maps show winter storm forecast for ice and snow from Great Lakes to Northeast
Millions of Americans live in areas under winter storm alerts stretching from northern Minnesota to the Eastern Seaboard.
MoneyWatch
More MoneyWatch
U.S. stocks hover at record highs after the Christmas holiday
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
Here's what is open on the day after Christmas, from retailers to banks
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
5 money moves to make in 2026, according to financial experts
As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer footing next year.
Is anything open on Christmas Day 2025? See which businesses are operating.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
NHTSA investigating Tesla Model 3 emergency door handles
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
Politics
More Politics
Veterans Affairs Department reimposing near total abortion ban
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
U.S. launches strikes on ISIS targets in Nigeria, Trump says
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Kennedy Center Christmas Eve concert canceled after Trump's name added
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
Trump promises to guard against "bad Santa" in Christmas Eve calls with kids
President Trump spent part of Christmas Eve bantering with kids, updating families on NORAD's Santa tracker and reminding one child that the big guy has a "serious appetite."
HealthWatch
More HealthWatch
Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Flu season is ramping up, and some experts are "pretty worried"
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
Finding hope through cancer clinical trials
#LillyPartner Cancer clinical trials can offer patients access to investigational treatments that can be explored as early as the time of diagnosis. Ovarian cancer survivor Alicia Dellario and Dr. Arjun Balar, senior vice president of global clinical development at Eli Lilly and Company, join "CBS Mornings" to talk about the potential benefits of cancer clinical trials -- and clarify common misconceptions. Visit cancerclinicaltrials.lilly.com for more information. (Sponsored by Eli Lilly and Company)
World
More World
Israel police say 2 killed in car-ramming and stabbing attack by Palestinian
The attack began Friday afternoon in the northern city of Beit Shean, where the Palestinian man crashed his vehicle into people, killing one man and injuring a teenage boy.
8 killed, 18 wounded in mosque bombing in Syria
Images shared by Syria's state-run news agency showed blood on carpets, holes in the walls, shattered windows and fire damage.
Endangered wild cat seen in Thailand for the first time in 30 years
Flat-headed cats are among the world's most threatened wild felines.
Iran seizes oil tanker smuggling fuel on Strait of Hormuz, Tehran says
Iran seized a foreign oil tanker as it traveled the strategic Strait of Hormuz carrying some 25,000 barrels of smuggled fuel, state media said.
15 hurt in stabbing, chemical liquid attack in Japan tire factory
More than a dozen people were injured in a stabbing attack in a factory in central Japan in which a liquid believed to be bleach was also sprayed, authorities said.
Entertainment
More Entertainment
Perry Bamonte, guitarist for The Cure, dies after "short illness" at 65
The band announced Perry Bamonte's death on their official website on Friday.
Broadway actress Imani Smith stabbed to death in New Jersey, police say
Smith previously played young Nala in "The Lion King" on Broadway.
Former "Big Brother" houseguest Mickey Lee died on Christmas, family says
Mickey Lee, a former "Big Brother" houseguest known for her vibrant personality and bold gameplay, has died, her family announced in a social media post shared Friday.
Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
King Charles and royal family, minus Andrew, gather for Christmas
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
Technology
More Technology
Technology
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
How AI powered robots are helping small farms
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.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Science
More Science
Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
More Crime
Crime
What's next on the Epstein files release?
Lawmakers may take action against the Department of Justice for the delayed release of the Jeffrey Epstein files. CBS News legal contributor Jessica Levinson weighs in.
Two police officers injured, suspect killed during child custody exchange
Police were called to a shopping center late Friday morning. Two officers were shot and are in critical condition.
Broadway actress Imani Smith stabbed to death in New Jersey, police say
Smith previously played young Nala in "The Lion King" on Broadway.
15 hurt in stabbing, chemical liquid attack in Japan tire factory
More than a dozen people were injured in a stabbing attack in a factory in central Japan in which a liquid believed to be bleach was also sprayed, authorities said.
Terry Rozier seeks to have charges thrown out in NBA gambling case
His lawyers argued that Rozier's alleged involvement in the wire fraud and money laundering conspiracies is limited.
Space
More Space
Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
What's next on the Epstein files release?
Lawmakers may take action against the Department of Justice for the delayed release of the Jeffrey Epstein files. CBS News legal contributor Jessica Levinson weighs in.
Christmas return season begins
Americans have entered the 2025 gift returns era after the Christmas holidays. CBS MoneyWatch correspondent Kelly O'Grady has more.
Catastrophic flooding in California
Catastrophic flooding and mudslides in California have turned deadly. CBS News' Andres Gutierrez reports.
Trump announces strikes in Nigeria
President Trump announced strikes against ISIS targets in Nigeria. Also, Ukrainian President Volodymyr Zelenskyy announced that a potential meeting with Mr. Trump is in the works. CBS News' Olivia Rinaldi reports.
The Yale Whiffenpoofs perform for CBS News
Watch The Yale Whiffenpoofs perform in this CBS News holiday special.