FTX founder expected to drop fight against extradition to U.S.
Bankman-Fried is in Bahamas courthouse, where he is expected to tell judge he will not fight extradition to U.S.
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Bankman-Fried is in Bahamas courthouse, where he is expected to tell judge he will not fight extradition to U.S.
Federal prosecutors charged FTX Trading founder Sam Bankman-Fried with eight counts including fraud, money laundering and other financial crimes. Scott MacFarlane reports.
FTX founder Sam Bankman-Fried is facing a slew of federal fraud and money laundering charges following the collapse of his crypto exchange. CBS congressional correspondent Scott MacFarlane breaks down the latest in the investigation from Capitol Hill.
FTX founder Sam Bankman-Fried was arrested in the Bahamas and is facing U.S. charges in what a federal prosecutor calls "one of the biggest financial frauds in American history." He was scheduled to testify on Capitol Hill. Scott MacFarlane reports.
Federal prosecutors have charged Sam Bankman-Fried, founder of the now-bankrupt cryptocurrency firm FTX, with fraud. He was arrested Monday in the Bahamas. Michael Parker, head of anti-money laundering and sanctions practice at Ferrari and Associates, joins CBS News' Elaine Quijano and Lana Zak on what happens next in the criminal case against Bankman-Fried.
CBS News congressional correspondent Scott MacFarlane joined CBS News' Vladimir Duthiers and Anne-Marie Green with more on the criminal fraud charges filed in the U.S. against Sam Bankman-Fried, the founder of FTX who was arrested in the Bahamas after the cryptocurrency exchange's collapse.
Samantha Stevens gained the victim's trust and convinced her that a curse had been placed on her and her family, prosecutors said.
Cy Vance, the former Manhattan district attorney who launched the criminal investigation into the Trump Organization, joined CBS News to discuss the guilty verdict against the company on charges of criminal tax fraud and falsifying business records.
The Trump Organization has been found guilty of fraud and other charges by a jury in New York. Harry Litman, a former U.S. attorney and deputy assistant attorney general, joins John Dickerson to discuss the verdict, what we've learned form the trial, and the potential ramifications for former President Donald Trump.
Ramesh "Sunny" Balwani could face more than a decade behind bars after being convicted of fraud and conspiracy.
Former New York Lt. Gov. Brian Benjamin now only faces records falsification charges.
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.
The broadcast of the pope's own voice in the courtroom marked a surreal new chapter in a trial that has already seen plenty of twists.
A banker charged with helping disbarred attorney Alex Murdaugh take money from the legal settlements of clients has been found guilty of wire and bank fraud charges in South Carolina.
"New technology has made it easier for bad actors to take advantage of innocent victims," said one prosecutor.
The college track and field star was sentenced this week for allegedly defrauding cannabis industry investors out of over $45 million.
In arguing for harsh sentences, a prosecutor said that "Todd and Julie Chrisley's arrogance merits special consideration."
A class-action lawsuit claims that government agencies are failing to reimburse families when their benefits are stolen.
Former Theranos CEO Elizabeth Holmes was sentenced to 11 years and three months in prison for fraud on Friday. She is accused of carrying out a massive scheme to deceive the investors who put up nearly a billion dollars in her bio-tech company. CBS News correspondent Anna Werner reports.
The disgraced founder of the failed blood testing company Theranos was sentenced Friday to more than 11 years in federal prison. Elizabeth Holmes was convicted of fraud and conspiracy earlier this year for misleading investors and endangering patients with a bogus blood-testing technology.
Once seemingly poised to revolutionize blood testing, Holmes was convicted of defrauding investors of hundreds of millions of dollars.
Prosecutors have called for the disgraced executive to serve 15 years, while her lawyers say she doesn't belong behind bars.
The disgraced CEO is trying to recast her image as a loving mother in an effort to avoid a lengthy prison sentence.
Some advertisers, users have left platform amid growing concern over company's ability to deal with hate speech, misinformation.
Two former executives at MoviePass and its parent company face federal criminal charges for allegedly defrauding investors.
The Coast Guard will run out of funding to pay personnel on May 1, with the first missed paychecks expected May 15.
The USS Gerald R. Ford aircraft carrier is expected to leave the Middle East in the coming days, a U.S. official confirmed to CBS News.
The budget blueprint is the first step in Republicans' two-pronged plan to end the Department of Homeland Security shutdown.
The War Powers Resolution sets deadlines for the president to end hostilities without congressional approval.
Federal investigators have also determined that the suspected gunman, 31-year-old Cole Allen, fired his shotgun, the sources said.
President Trump said Wednesday he is considering reducing the number of U.S. forces in Germany, amid a spat with Germany's chancellor and the NATO alliance over Iran.
The backlash was immediate after the Trump administration served notice that hospitals and nursing homes should limit sugary drinks and dietary supplements in favor of what HHS terms "real food."
The war with Iran is now in its ninth week, and Congress is concerned about the reduction of global munition stockpiles and the ability to restock them.
As part of his four-day trip to the U.S. to commemorate America's 250th birthday, King Charles III took part in a series of events in New York City.
The Coast Guard will run out of funding to pay personnel on May 1, with the first missed paychecks expected May 15.
Several families of victims of a mass shooting in Canada are suing OpenAI and its CEO, Sam Altman, alleging the company's generative AI chatbot, ChatGPT, played a role in the February shooting.
The U.S. government has charged the governor of Mexico's Sinaloa state and nine other current and former Mexican officials with drug trafficking and weapons offenses in a federal indictment.
Elon Musk alleges that OpenAI reneged on a promise to operate as a nonprofit dedicated to human progress.
Detroit automaker expects big financial boost from refund of tariffs struck down earlier this year by the Supreme Court.
Elon Musk alleges that OpenAI reneged on a promise to operate as a nonprofit dedicated to human progress.
Detroit automaker expects big financial boost from refund of tariffs struck down earlier this year by the Supreme Court.
Spirit Airlines only has enough available cash to continue operations for a matter of days, not weeks, and talks for a government-backed rescue of the no-frills carrier have stalled, sources say.
Fed chief Jerome Powell said he will remain as a governor on the central bank's board after his term as chair ends on May 15.
TSA is trying to encourage young travelers to enroll in its PreCheck program before summer travel kicks off.
The Coast Guard will run out of funding to pay personnel on May 1, with the first missed paychecks expected May 15.
The War Powers Resolution sets deadlines for the president to end hostilities without congressional approval.
The backlash was immediate after the Trump administration served notice that hospitals and nursing homes should limit sugary drinks and dietary supplements in favor of what HHS terms "real food."
The budget blueprint is the first step in Republicans' two-pronged plan to end the Department of Homeland Security shutdown.
The primary election in California's gubernatorial contest is just over a month away, and the race remains wide open.
The backlash was immediate after the Trump administration served notice that hospitals and nursing homes should limit sugary drinks and dietary supplements in favor of what HHS terms "real food."
A new approach to suicide prevention shifts the focus from stopping harm in moments of crisis to upstream policies that give people reasons to live.
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
The War Powers Resolution sets deadlines for the president to end hostilities without congressional approval.
Press freedom across the globe has fallen to its lowest level in a quarter of a century, Reporters Without Borders warned.
The U.S. government has charged the governor of Mexico's Sinaloa state and nine other current and former Mexican officials with drug trafficking and weapons offenses in a federal indictment.
President Trump said Wednesday he is considering reducing the number of U.S. forces in Germany, amid a spat with Germany's chancellor and the NATO alliance over Iran.
Ukraine has perfected demining techniques in the Black Sea over four years of war against Russia.
As "NCIS" nears the highly-anticipated finale of season 23, it will also be star Wilmer Valderama's 200th episode on the show. He reflects on his time on the series and reveals the season finale will have "a lot of danger," adding, "we're setting a crazy tone for next season."
Constance Zimmer, who co-hosts the podcast "Talk 50 to Me," talks about reframing the conversation among women about aging. The podcast features interviews with women in their 50s, talking about the realities of midlife.
The FCC has ordered an early review of the broadcast licenses for eight local stations owned by ABC. The move comes after President Trump and first lady Melania Trump demanded ABC fire late-night host Jimmy Kimmel. Ed O'Keefe reports.
The Federal Communications Commission says it wants the Walt Disney Company to file for early license renewal for its television stations. The announcement comes one day after President Trump and the first lady called on ABC to fire late-night host Jimmy Kimmel. CBS News legal contributor Rebecca Roiphe joins with analysis.
One day after President Trump called on ABC to fire late-night host Jimmy Kimmel, the FCC said it will begin reviewing eight broadcasting licenses owned or managed by Disney due to the company's diversity policies. CBS News senior White House and political correspondent Ed O'Keefe has the latest.
Four of the biggest tech companies reported earnings after the closing bell on Wednesday. Adam Levine, senior tech writer for Barron's, joins CBS News to discuss.
Elon Musk alleges that OpenAI reneged on a promise to operate as a nonprofit dedicated to human progress.
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.
Smartwatches can measure everything from heart rate to step count, but which features are most accurate and are worth using? Vanessa Hand Orellana, CNET's lead wearable tech reporter, joins CBS News to discuss.
Elon Musk testified for a second day on Wednesday in a trial that's pitting two tech titans against each other. Paresh Dave, senior writer at Wired, joins CBS News to discuss.
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.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
The Justice Department released a photo allegedly showing the suspect in the White House Correspondents' Dinner shooting, roughly 30 minutes before he rushed past security at the event. CBS News' Sam Vinograd has more.
Prosecutors on Wednesday alleged singer D4vd killed Celeste Rivas Hernandez to silence her "before she ruined his music career." CBS News Los Angeles reporter Hunter Sowards has the latest.
Nick Reiner appeared in a Los Angeles courtroom on Wednesday, several weeks after pleading not guilty in the grisly death of his famous parents, Rob and Michelle Reiner. Carter Evans has more details.
Cole Allen, the man accused of trying to assassinate President Trump at the White House Correspondents' Dinner on Saturday, took a mirror selfie, allegedly gearing up for battle, officials said. Matt Gutman reports.
Former FBI Director James Comey made his first court appearance in Virginia on Wednesday, charged with threatening President Trump. A grand jury indicted Comey yesterday over a social media post he made last year. CBS News Department of Justice reporter Jake Rosen has more.
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
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.
ALL NEW: A dream romance ends in murder after a woman falls for a stranger. "48 Hours" correspondent Natalie Morales reports Saturday, May 2 at 10/9c on CBS and streaming on Paramount+.
King Charles III and Queen Camilla's first trip to the U.S. as monarchs kicked off in Washington, D.C., for a state visit, where he delivered a historic speech to a joint meeting of Congress and presented President Trump with a WWII-era submarine bell. Here are some highlights of the monarchs' visit.
Defense Secretary Pete Hegseth and other top officials testified on Wednesday as the Defense Department seeks a $1.5 trillion budget from Congress. Hegseth got into heated exchanges with Democrats on the House Armed Services Committee and claimed those who oppose the war in Iran are enemies. Acting Pentagon comptroller Jules Hurst also revealed that the conflict has cost the U.S. about $25 billion.
The Justice Department released a photo allegedly showing the suspect in the White House Correspondents' Dinner shooting, roughly 30 minutes before he rushed past security at the event. CBS News' Sam Vinograd has more.
The Supreme Court handed down a ruling on Wednesday, weakening the Voting Rights Act. The case was about a Louisiana congressional map that added a second majority-Black district to the state. In a three-to-six decision, the court said the new map constituted racial gerrymandering. CBS News' Jessica Levinson and David Becker break down the ruling and Rep. Troy Carter of Louisiana shares his reaction.