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.
Nebraska sued social media giant TikTok and its parent company ByteDance, claiming the platform targets minors with "addictive design" and alleging it's "fueling a youth mental health crisis."
The FCC is introducing a proposal to require political advertisers to disclose when they use Ai-generated content in broadcast TV and radio ads.
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.
Target is slashing prices on more than 5,000 items by this summer. Prices for household items like milk, bagels, diapers and even pet food are dropping, but there are concerns the move could hurt small businesses struggling to compete with larger chains. Columbia's retail studies director Mark Cohen joins to discuss.
Actress Scarlett Johansson demanded that OpenAI stop using an AI-generated voice that she says sounds like her own and was developed without her permission. Intellectual property attorney Joseph Lawyer joins to break down the dispute.
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
Scarlett Johansson is demanding answers from OpenAI and its CEO, Sam Altman, after it released a ChatGPT voice that she says sounds "eerily similar" to her own. Johansson claims she declined Altman's offer for her to voice the product. Jo Ling Kent has the detials.
Actor Scarlett Johansson says she is shocked after OpenAI released a tool that uses a voice that's very similar to hers. Johansson said in a statement that the artificial intelligence company had reached out to her about using her voice for their product, but she declined. Google also recently announced that it is expanding its AI overview feature. Connie Guglielmo, editor-at-large at CNET, joins CBS News with these stories and more.
ChatGPT disables AI voice after users say it sounds similar to Hollywood star Scarlett Johansson.
The grizzly bit into the 35-year-old man's can of bear repellent and was hit with a burst of it, causing the animal to flee.
The bill is likely to fail for a second time, but Democrats will try to use Republicans' resistance to shift the narrative on border security in their favor.
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.
The Justice Department will be joined by several state attorneys general in its antitrust lawsuit against Ticketmaster parent company Live Nation.
Trump's attorneys and aide Walt Nauta sparred with prosecutors during hearing in case involving Trump's handling of classified records.
The European Union fined Mondelez, the U.S. confectioner behind major brands including Oreo, 337.5 million euros ($366 million) for restricting sales of products within the 27-country bloc.
The Justice Department will be joined by several state attorneys general in its antitrust lawsuit against Ticketmaster parent company Live Nation.
The postal service has allegedly fired mail carriers in at least seven states after they reported getting hurt while on the job.
Remote work helped drive an additional $375 billion in online spending last year, report shows.
Other athletes being turned into Barbie include Canadian soccer player Christine Sinclair and French boxer Estelle Mossely.
The bill is likely to fail for a second time, but Democrats will try to use Republicans' resistance to shift the narrative on border security in their favor.
A strong wind gust toppled the stage at a campaign rally for a longshot Mexican presidential candidate, killing at least nine and injuring dozens, officials said.
The Justice Department will be joined by several state attorneys general in its antitrust lawsuit against Ticketmaster parent company Live Nation.
Trump's attorneys and aide Walt Nauta sparred with prosecutors during hearing in case involving Trump's handling of classified records.
Hunter Biden's California tax fraud trial was originally scheduled to take place in June.
Singer and actor Nick Jonas says these three things help him take care of his mental health as part of his Type 1 diabetes management.
A Michigan farmworker has been diagnosed with bird flu after being in contact with cows presumed to be infected, state health officials announced in a statement Wednesday.
A firefighting foam known as AFFF contains PFAS, also known as "forever chemicals," that have been linked to cancer.
Actor Taye Diggs is opening about a mental health condition that has affected his younger sister Christian: schizophrenia, which impacts how a person thinks, feels and behaves.
Vital Pursuit will include whole-grain bowls, protein pasta, sandwich melts and gluten-free options.
A Thai hospital treating people injured by turbulence on the Singapore Airlines flight from London says 20 remain in intensive care.
Climber Phunjo Lama reached the top of Everest, the world's tallest peak, in just 14 hours and 31 minutes – a feat that typically takes people days.
A strong wind gust toppled the stage at a campaign rally for a longshot Mexican presidential candidate, killing at least nine and injuring dozens, officials said.
A death and multiple injuries aboard a Singapore Airlines flight have drawn attention to the dangers turbulence can pose.
The son of a wealthy businessman in India, accused of killing 2 people in a Porsche, was initially told he'd be bailed if he wrote a short essay and spent some time with local police.
Charlie Colin, a founding member and former bassist of the band Train, died at 58, his sister confirmed to CBS News.
Jeremy Renner is returning to "Mayor of Kingstown" after taking some time to recover after a near-fatal snowplow accident last year.
Lenny Kravitz tells "CBS Mornings" co-host Gayle King about times he still feels like a "16-year-old kid trying to get the record deal."
Actor Jeremy Renner joins "CBS Mornings" to talk about his return to the hit show "Mayor of Kingstown" following a snowplow accident that nearly took his life. Renner stars as Mike McLusky in the Paramount+ crime drama, which follows a family of power brokers working to bring order and justice to a town dependent on the prison system.
Commuters in a London train station are being surprised with performances from some of the biggest names in music. It all started with the donation of a piano from Elton John, who wanted to spread a little joy to people passing through. "CBS Mornings" sent cameras to St. Pancras International station in London to find out what the hype is all about.
Nebraska sued social media giant TikTok and its parent company ByteDance, claiming the platform targets minors with "addictive design" and alleging it's "fueling a youth mental health crisis."
The FCC is introducing a proposal to require political advertisers to disclose when they use Ai-generated content in broadcast TV and radio ads.
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.
Target is slashing prices on more than 5,000 items by this summer. Prices for household items like milk, bagels, diapers and even pet food are dropping, but there are concerns the move could hurt small businesses struggling to compete with larger chains. Columbia's retail studies director Mark Cohen joins to discuss.
Actress Scarlett Johansson demanded that OpenAI stop using an AI-generated voice that she says sounds like her own and was developed without her permission. Intellectual property attorney Joseph Lawyer joins to break down the dispute.
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 40-mile-long river branch, which ran by the Giza pyramid complex, was hidden under desert and farmland for millennia, scientists said.
The Drug Enforcement Administration says it seized over 79 million fake pills containing fentanyl in 2023, a more than 33% increase from the year before. To combat the crisis, officials are cracking down on drug traffickers by targeting online retailers selling pill presses. CBS News homeland security and justice reporter Nicole Sganga explains.
The family members of Uvalde school shooting victims announced Wednesday a $2 million settlement with the Texas city. Law enforcement agencies who responded to the 2022 mass shooting at Robb Elementary School have come under scrutiny for their actions during the attack. Josh Koskoff, a lawyer representing the victims' families, spoke at a press conference.
The son of a wealthy businessman in India, accused of killing 2 people in a Porsche, was initially told he'd be bailed if he wrote a short essay and spent some time with local police.
A gunman killed at least two people and wounded several others Wednesday morning in Chester, Pennsylvania, a city outside Philadelphia. CBS News Philadelphia reported from the scene and interviewed District Attorney Jack Stollsteimer.
A suspect is in custody after five people were shot, two fatally, in a workplace shooting today at Delaware County Linen in Chester, Pennsylvania, the DA said.
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.
May's full moon will peak on Thursday morning, but the Flower Moon already appears full.
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.
NASA ruled out a planned Saturday launch of Boeing's Starliner to allow more time for analysis of a small, but persistent helium leak in the ship's propulsion system.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
GPS Renewables co-founders Mainak Chakraborty and Sreekrishna Sankar are innovatively using technology to convert waste into bioenergy
SunGrid Solutions spearheads the energy transition with best-in-class energy storage systems. CEO Jody Snodgrass highlights the innovative leadership team and their unmatched EPC integration process for efficient and bankable renewable energy.
Millionaire Forrest Fenn hid a gold-filled chest somewhere in the Rockies and wrote a poem with cryptic clues. Tens of thousands searched for it and five people died trying. A story of obsession. "CBS This Morning" co-host Tony Dokoupil reports for "48 Hours" Saturday, May 25, 2024, at 10/9c on CBS and Paramount+.
Chinese President Xi Jinping and Russian President Vladimir Putin stood side by side last week declaring the strength of their partnership while condemning what they called a "destructive and hostile" U.S. Anne Applebaum, staff writer at The Atlantic, joins CBS News to examine how U.S. adversaries are working to undermine to the concept of Western democracy.
The Drug Enforcement Administration says it seized over 79 million fake pills containing fentanyl in 2023, a more than 33% increase from the year before. To combat the crisis, officials are cracking down on drug traffickers by targeting online retailers selling pill presses. CBS News homeland security and justice reporter Nicole Sganga explains.