FTX founder Sam Bankman-Fried plans to testify before Congress
Former FTX CEO tweeted that he's limited to what he can say and "won't be as helpful" as he would like to be.
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Former FTX CEO tweeted that he's limited to what he can say and "won't be as helpful" as he would like to be.
Jones said on his show Infowars that he is "officially out of money."
DOJ officials want to investigate "allegations of fraud, dishonesty, incompetence, misconduct and mismanagement."
In his first live interview since his company filed for bankruptcy, disgraced FTX co-founder Sam Bankman-Fried denied committing fraud at the crypto exchange. Jim Baer, president of CMBG Advisors, joined CBS News to discuss Bankman-Fried's legal troubles.
Bankman-Fried, who was once worth $26.5 billion, said he had one working credit card and $100,000 left in a bank account.
Cryptocurrency firm BlockFi has filed for Chapter 11 bankruptcy protection following the collapse of FTX. BlockFi listed FTX as its second largest creditor, but expects any recoveries to be delayed. Duke University professor Sultan Meghji, former chief innovation officer for the Federal Deposit Insurance Corporation, joins CBS News to discuss.
The fourth crypto company to seek bankruptcy this year, BlockFi lists more than 100,000 creditors and had received a bailout from FTX.
Cryptocurrency lender BlockFi has filed for bankruptcy after more than 100 FTX companies also failed just weeks ago. Theodore Schleifer, a Silicon Valley reporter for Puck News, joins CBS News to discuss the global impact of the collapse of cryptocurrency exchange FTX and more.
Recouped funds are a fraction of the billions of dollars thought to have gone missing from the exchange's coffers.
The first bankruptcy hearing for collapsed crypto-currency exchange FTX revealed information on the firm's finances and its losses in billions of dollars. Wall Street Journal reporter Alexander Saeedy joins CBS News to talk about the first day in court.
Some of those assets are believed to have been seized by government officials in Bahamas, where company is based.
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.
The former FTX CEO tweeted a series of cryptic comments, adding that his "memory might be faulty in parts."
"People are going to be waiting on the sidelines for a very long time," said one law professor of the exchange's account holders.
CEO Sam Bankman-Fried also resigned from FTX, which was facing a financial crunch and a federal probe.
One of the world's most prominent cryptocurrency exchanges suddenly crashed and burned. Here's what happened.
FTX, one of the world's leading cryptocurrency exchanges, is now facing potential bankruptcy as the company scrambles to return remaining funds to investors amid collapse.
The company is losing $4 million a week as high-profile staffers resign, raising doubts that it can keep operating.
World's third-largest cryptocurrency exchange spent big on Super Bowl ads and stadium names. Now it's trying to survive.
Conspiracy theorist Alex Jones was ordered to pay nearly $1 billion to Sandy Hook families for calling the 2012 school shooting a hoax. Nikki Battiste reports.
Biden meets with Mexican Pres. Lopez Obrador; Texas power firm files for bankruptcy after storm
Russia’s offensive in eastern Ukraine is underway. Ukrainian President Volodymyr Zelenskyy vows that his country’s forces will fight to defend the area. Alex Jones's Infowars has filed for bankruptcy after numerous defamation suits from families of victims of the Sandy Hook Elementary School massacre. And a community in Florida’s Sarasota County had an unusual Easter Sunday visitor – a 10-foot alligator.
Russian troops have stepped up their assault on eastern Ukraine. European officials fear the key port city of Mariupol could fall in days. Florida Gov. Ron DeSantis is calling on state lawmakers to strip Disney World of its status letting it operate as an independent government around its theme parks, as their feud over the state’s “Don’t Say Gay” law heats up. And Major League Baseball may implement a pitch clock after a new report showed it shaved 20 minutes off minor league games.
US Postal Inspectors in New York City arrested Ralph Esmerian, "The Jeweler to the Stars." He is being charged with bankruptcy fraud steaming from over $210 million loans.
Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
Acting Attorney General Todd Blanche denied to CBS News that the Justice Department is engaging in a retribution campaign against President Trump's critics, pushing back on criticism from Barack Obama.
A federal judge in Georgia denied a motion by officials in Fulton County, Georgia, to return ballots and other materials from the 2020 election that were taken by the FBI earlier this year.
Former New York City Mayor Rudy Giuliani has now left the intensive care unit, his spokesperson said, after being hospitalized with pneumonia.
Ted Turner built a media empire that included cable channels CNN, TBS and TNT, and he owned the Atlanta Braves for 20 years.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
Police said they have arrested an 18-year-old in connection with a shooting Sunday during a party that left one woman dead and 22 other people wounded.
The last time a horse won the Triple Crown was in 2018.
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
A federal judge in Georgia denied a motion by officials in Fulton County, Georgia, to return ballots and other materials from the 2020 election that were taken by the FBI earlier this year.
Police said they have arrested an 18-year-old in connection with a shooting Sunday during a party that left one woman dead and 22 other people injured.
Craig Berry, 53, was found dead on Wednesday of an apparent gunshot wound, the Stewart County Sheriff's Office said.
The last time a horse won the Triple Crown was in 2018.
A proposed $250 million settlement would compensate millions of consumers who bought the iPhone 16, iPhone 15 Pro or iPhone 15 Pro Max.
In a new lawsuit, two California residents allege that Cento Fine Foods doesn't use real San Marzano tomatoes in one of its products.
Gas prices are now 52% higher than prior to the Iran war, with drivers paying $1.56 more per gallon, data shows.
Ted Turner built a media empire that included cable channels CNN, TBS and TNT, and he owned the Atlanta Braves for 20 years.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
Former New York City Mayor Rudy Giuliani has now left the intensive care unit, his spokesperson said, after being hospitalized with pneumonia.
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
Acting Attorney General Todd Blanche denied to CBS News that the Justice Department is engaging in a retribution campaign against President Trump's critics, pushing back on criticism from Barack Obama.
A federal judge in Georgia denied a motion by officials in Fulton County, Georgia, to return ballots and other materials from the 2020 election that were taken by the FBI earlier this year.
An FBI spokesperson said in a statement that an investigation is ongoing and there is no threat to public safety.
A deadly strain of hantavirus broke out aboard a cruise ship for the first time, with more than 150 people on board. With three deaths among eight confirmed cases so far, Dr. Céline Gounder discusses the wider risks.
Investigators are racing to control a deadly outbreak of hantavirus, the first ever recorded on a cruise ship. More than 140 people are still on board, including 17 Americans. Tom Hanson reports.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
A rare form of hantavirus is believed to have spread person-to-person on board a cruise ship. Three people are dead, four more are ill and nearly 150 others are stranded aboard the ship, where they will stay potentially for months until they are cleared to leave. Tom Hanson has more.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
A 13-year-old student admitted carrying out the attack at the public school Instituto Sao Jose in Rio Branco, officials said.
Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
President Trump said Tuesday he has paused Project Freedom, a U.S. effort to guide commercial ships through the Strait of Hormuz.
Ted Turner, who died on Wednesday at age 87, was a global media titan. Amol Sharma, a financial editor for The Wall Street Journal, joins CBS News with more insight.
Media mogul and CNN founder Ted Turner has died at 87, according to a statement from Turner Enterprises. Michael Schneider, Variety's executive editor of TV, joins with more.
CBS News' Anthony Mason is launching a new YouTube show called "Alchemy with Anthony Mason." It's a long-form interview program celebrating artists and the creative process.
In an interview on "The Late Show with Stephen Colbert," former President Barack Obama had some pointed words about the power of the executive branch.
Actor Nathan Lane, who stars in the play "Death of a Salesman," was nominated for his seventh Tony Award. He spoke to "CBS Mornings" about why it was a lifelong dream for him to star in the play and his personal connection to his character.
Autonomous cars in California will no longer be immune to traffic tickets once a new law takes effect in July. CNET editor-at-large Scott Stein joins CBS News to discuss this and other top technology stories of the day.
A proposed $250 million settlement would compensate millions of consumers who bought the iPhone 16, iPhone 15 Pro or iPhone 15 Pro Max.
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.
Career experts say workers and job seekers should take charge of their own AI education. Here's how to get started.
The high-stakes trial between Elon Musk and OpenAI now involves testimony about a co-founder's personal diary. Vanity Fair contributor Tom Dotan joins to discuss.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
A judge on Wednesday ordered the release of an apparent suicide note possibly written by the late convicted sex offender Jeffrey Epstein. CBS News has not independently verified the note. Anna Schecter has the latest.
Craig Berry, 53, was found dead on Wednesday of an apparent gunshot wound, the Stewart County Sheriff's Office said.
A woman in Washington state is accused of trying to run over a child on an e-bike. Police say she later attempted to break into a home. The child was not harmed in the incident and the woman is now facing felony charges.
Authorities are looking for the owners of a sailboat as they continue to investigate the disappearance of Lynette Hooker, the American who went missing in the Bahamas while sailing last month. Cristian Benavides reports.
A 13-year-old student admitted carrying out the attack at the public school Instituto Sao Jose in Rio Branco, officials said.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
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.
Health officials work to contain deadly hantavirus outbreak on cruise; President Trump threatens Iran with more attacks if it doesn't agree to a deal.
Ted Turner, a businessman and philanthropist who launched CNN, died on Wednesday at 87. Jonathan Klein, the president of CNN from 2004 to 2010, joins "The Daily Report" to remember Turner's life.
President Trump touted U.S. actions against Iran on Wednesday. The comments came one day after he paused the Project Freedom initiative to guide ships through the Strait of Hormuz to allow peace negotiations to move forward. CBS News' Holly Williams reports, and Samuel Helfont, an associate professor of strategy and policy at the Naval War College, has more.
A lawyer for bankrupt Spirit Airlines said the rising cost of fuel "engulfed" the airline, drained its liquidity, and derailed its restructuring efforts. There's a sense of urgency to expedite the liquidation process because lawyers say it would benefit creditors and customers. Bob Allen, managing editor of Nomadic Aviation Group, which handles private flight operations for the aircraft leasing industry, joins "The Daily Report" to discuss.
A judge on Wednesday ordered the release of an apparent suicide note possibly written by the late convicted sex offender Jeffrey Epstein. CBS News has not independently verified the note. Anna Schecter has the latest.