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.
Watch CBS News
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.
Hurricane Lala slammed Hawaii's Big Island, where it was bringing heavy rain and the possibility of life-threatening flooding and mudslides.
Israel is being condemned by Lebanese leaders for a strike in the south that killed at least nine people, including children, according to the health ministry.
Mykhailo Fedorov, the former Ukrainian defense minister who is widely credited as the architect of the country's modern war-fighting strategy, told CBS News in an exclusive interview that he believes Ukraine is in a "technological war" with Russia.
Footage shows a large column of smoke after Ukraine struck a major logistics hub in the Moscow region.
It is the latest in a series of similar incidents involving drone incursions into NATO airspace from Ukraine
South Carolina's Democratic presidential primary will take place on Jan. 22, 2028. Nevada, New Hampshire, New Mexico, Michigan and Virginia will also hold early Democratic nominating contests.
Indianapolis Mayor Joe Hogsett urged residents along the White River to evacuate on Saturday.
Colombian President Abelardo de la Espriella said he called President Trump and asked him to suspend tariffs currently targeting the South American nation.
Five people were injured in the shooting involving multiple suspects. One person is currently listed in critical condition, the university said.
Dr. Steven Milner, a well-respected Oregon veterinarian, was accused of stalking and disguising himself before murdering Kenny Fandrich — the husband of a former employee. Security cameras played a key role in how detectives pieced the case together.
Indianapolis Mayor Joe Hogsett urged residents along the White River to evacuate on Saturday.
Kate Douglass, 24, is a five-time Olympic medalist.
Five people were injured in the shooting involving multiple suspects. One person is currently listed in critical condition, the university said.
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
U.S. food regulators say 1.6 million cartons of recalled eggs can "cause serious adverse health consequences or death."
The U.S. has refunded more than $100 billion in illegal tariffs to businesses, and some of that money is going to consumers — here's what to know.
The 14oz soup kits were distributed at Walmart stores in 29 states between June 30 and July 7, according to the FDA.
Nearly half of renters spend more than 30% of their income on housing. Here's what it costs to rent a two-bedroom home in 50 U.S. cities.
South Carolina's Democratic presidential primary will take place on Jan. 22, 2028. Nevada, New Hampshire, New Mexico, Michigan and Virginia will also hold early Democratic nominating contests.
The U.S. Army said Friday it is temporarily halting Apache helicopter training flights after two soldiers were killed earlier this week in a crash near Fort Hood, Texas.
Along the Texas-Mexico border, prosecutors say a group of businessmen found a way to monopolize the trade of used cars — a scheme called "the Pool." This week, authorities say they caught one alleged member.
The Justice Department issued a legal opinion giving the U.S. military broader powers to detain migrants near certain areas along the southern border.
The top federal prosecutor in Washington, D.C., said a woman has been arrested and faces two felony charges related to vandalism of the World War II Memorial.
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
Footage shows a large column of smoke after Ukraine struck a major logistics hub in the Moscow region.
It is the latest in a series of similar incidents involving drone incursions into NATO airspace from Ukraine
Mykhailo Fedorov, the former Ukrainian defense minister who is widely credited as the architect of the country's modern war-fighting strategy, told CBS News in an exclusive interview that he believes Ukraine is in a "technological war" with Russia.
Colombian President Abelardo de la Espriella said he called President Trump and asked him to suspend tariffs currently targeting the South American nation.
The change shouldn't affect the top of the line of Liechtenstein's royal house succession in the immediate future.
Rain floods the Midwest as Lala looms over Hawaii. We look inside a spy satellite company. Plus, Putin's meeting with President Trump, a year later.
Country singer-songwriter Elizabeth Cook has returned over 400 times to Nashville's Grand Ole Opry. She appears with David Letterman in "The Easy Kind," a new film inspired by her life and rise in the music industry. Her new record, "Great Television," is out now. Here's Elizabeth Cook with "Girls of Atomic City."
Country singer-songwriter Elizabeth Cook has returned over 400 times to Nashville's Grand Ole Opry. She appears with David Letterman in "The Easy Kind," a new film inspired by her life and rise in the music industry. Her new record, "Great Television," is out now. Here's Elizabeth Cook with "Sunset Promenade."
Country singer-songwriter Elizabeth Cook has returned over 400 times to Nashville's Grand Ole Opry. She appears with David Letterman in "The Easy Kind," a new film inspired by her life and rise in the music industry. Her new record, "Great Television," is out now. Here's Elizabeth Cook with "Razorwire Wall."
Emmy-winner Jeff Daniels stars as President Ronald Reagan and Jared Harris portrays Soviet leader Mikhail Gorbachev in "The Brink of War," a film that portrays the two leaders at the 1986 Reykjavik Summit. Daniels and Harris share their experiences playing these two historical figures amid a period of high political tension.
Above Earth's atmosphere, an arms race is unfolding. Thousands of miles above the ground, satellites from different companies and nations are observing us and each other. To learn more, Olivia Gazis traveled to Vantor, a Colorado-based satellite technology company.
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
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.
France's social media ban, which was due to take effect on Sept. 1, would have barred younger users from networks such as TikTok, Snapchat and Instagram.
AI is making its way into people's love lives - some say it has helped to improve their conversations while others have used it to end a relationship. Dr. Sue Varma discusses how to use AI properly, set boundaries and identify warning signs of becoming too emotionally dependent.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Columbia University astronomy professor Dr. Janna Levin joins CBS News to discuss Wednesday's total solar eclipse, saying it's a reminder that humans share this Earth together and "we're all part of something larger."
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Dr. Steven Milner, a well-respected Oregon veterinarian, was accused of stalking and disguising himself before murdering Kenny Fandrich — the husband of a former employee. Security cameras played a key role in how detectives pieced the case together.
Violent crime numbers are down across many major U.S. cities. Ali Bauman is in Newark, New Jersey, which has seen a large drop in homicides.
Police say multiple suspects were involved in the Virginia State University campus shooting that wounded five on Saturday.
To celebrate Mozart's 270th birthday this year, German artist Ottmar Hörl made 320 statuettes of the composer and his dog, Pimperl, placing them around Salzburg, Austria. However, the statuettes have been pilfered.
Five accused thieves are under arrest after police say they took $10 million worth of art from a private museum in an Italian villa.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
The Perseid meteor shower is the best viewing all year, according to NASA.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
A masked killer spray paints security cameras to hide his crime. "48 Hours" correspondent Natalie Morales reports.
At least 47 people died Saturday after a powerful 7.7 magnitude earthquake struck eastern Indonesia, with authorities warning the death toll is likely to rise. Videos captured the devastating shocks and aftermath.
A beloved Southern California eagle's passing broke the hearts of fans who had been watching her through a camera for over a decade. But new images inspire hope. Joy Benedict has the story.
Aidan Stretch sits down with ousted Ukrainian Minister of Defense Mykhailo Fedorov to get his take on the war with Russia as protests continue over his dismissal.
Violent crime numbers are down across many major U.S. cities. Ali Bauman is in Newark, New Jersey, which has seen a large drop in homicides.