FTX founder Sam Bankman-Fried hit with new fraud charges
Prosecutors unveiled securities fraud and other fresh charges against the former cryptocurrency mogul.
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Prosecutors unveiled securities fraud and other fresh charges against the former cryptocurrency mogul.
"Why am I being asked to set him loose in this garden of electronic devices?" Judge Lewis Kaplan asked prosecutors.
They also seized 55.27 million shares of Robinhood stock currently valued at about $526 million.
Miami-Dade County owns the arena and negotiated what was to be a 19-year, $135 million naming rights deal with FTX back in 2021.
Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, pleaded not guilty to charges that he defrauded customers out of billions of dollars. His trial is set for October.
Disgraced crypto king Sam Bankman-Fried pleaded not guilty to a slew of charges related to his defunct cryptocurrency exchange in federal court in Manhattan. Michael Parker, head of the anti-money-laundering and sanctions practice at Ferrari and Associates, joins CBS News' Elaine Quijano to discuss the details of SBF's case.
FTX founder Sam Bankman-Fried pleaded not guilty to charges of defrauding customers and investors while appearing in court in New York today. Randy Zelin, a criminal defense attorney, adjunct professor for Cornell University Law School and former prosecutor, joins CBS News to discuss the case.
FTX founder duped customers by using their crypto to pay debts at hedge fund Alameda Research, prosecutors say.
Iran has embraced cryptocurrency as a means to avoid international sanctions and make more money. Eric Lob, a non-resident scholar with the Middle East Institute's Iran program and an associate professor at Florida International University, joins CBS News to discusses his research.
Before the collapse of crypto exchange FTX, company founder Sam Bankman-Fried gave millions to groups supporting candidates on both sides of the aisle, including about $40 million in political donations in the 2022 election cycle. He is now under arrest on fraud charges. CBS News political reporter Aaron Navarro joins Jeff Pegues with more.
Users of the cryptocurrency exchange accuse it of stealing their assets and stopping them from making withdrawals.
The collapse of cryptocurrency exchange FTX has sent shockwaves across the industry. The company's founder, Sam Bankman-Fried, is under house arrest after his extradition to the U.S. last week. Laila Maidan, an investing correspondent for Business Insider, joined CBS News with more on the FTX collapse and its impact on the crypto industry in the upcoming year.
The founder of now-collapsed cryptocurrency exchange FTX will be under house arrest in California after being released on $250 million bail. CBS News correspondent Lilia Luciano joins "CBS News Mornings" to explain why the judge decided to allow bail.
FTX co-founder Sam Bankman-Fried was released on $250 million bond. The disgraced 30-year-old was extradited from the Bahamas to the U.S. as FTX co-founder Gary Wang and the former CEO at Alameda Research Caroline Ellison pleaded guilty to fraud. Bankman-Fried is facing allegations that he defrauded investors and customers out of billions of dollars through his now bankrupt crypto currency exchange FTX. Lilia Luciano reports.
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.
Binance, one of the world's largest cryptocurrency exchanges, is facing questions about its business model and the stability of crypto markets. Binance chief strategy officer Patrick Hillmann joins CBS News to discuss the impact FTX's collapse is having on the market.
Bankman-Fried was arrested last Monday in the Bahamas at the request of the U.S. government based on charges of wire fraud and conspiracy.
Former FTX CEO Sam Bankman-Fried appeared in a Bahamas court Monday and was expected not to fight U.S. extradition. Laila Maidan, investing correspondent with Insider, joins CBS News' Lilia Luciano and Lana Zak with more on the fallout from the FTX collapse.
Bankman-Fried is in Bahamas courthouse, where he is expected to tell judge he will not fight extradition to U.S.
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.
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.
The House Committee on Financial Services held a hearing on the collapse of FTX Tuesday. FTX founder Sam Bankman-Fried had been scheduled to testify, but was arrested Monday on fraud and money laundering charges. CBS News congressional correspondent Scott MacFarlane, and CBS News Radio White House correspondent Steven Portnoy, discussed the latest on this story and more on "Red and Blue."
The U.S. is "accelerating, not decelerating" war on Iran, Hegseth says, as strikes intensify in the region and reach 1,000 miles away.
Homeland Security Secretary Kristi Noem is testifying before the House Judiciary Committee. Follow live updates.
Minnesota Gov. Tim Walz told lawmakers that fraud "happened on my watch," but defended his administration's handling of the allegations.
The measure, which would block President Trump from further military force against Iran, appears poised to fall short of the simple majority needed to advance in the Senate.
In Defense Secretary Pete Hegseth's second news briefing since the start of the Iran war, Hegseth said the U.S. had sunk an enemy ship by a torpedo for the first time since World War II.
The House Ethics Committee announcement comes one day after the Texas primary, which resulted in Rep. Tony Gonzales and Brandon Herrera heading to a runoff.
Although Sean Plankey's access badge was taken and he was escorted out of Coast Guard headquarters Monday, he remains the nominee to lead the Cybersecurity and Infrastructure Security Agency, sources said.
President Trump said the candidate he doesn't endorse should drop out of the race before the May 26 runoff.
President Trump said the government agency will provide political risk insurance to "all shipping lines" operating in the Persian Gulf.
Travis County DA Jose Garza said Tuesday that suggestions that he would seek charges in the killing were "intentionally false" and political in nature, calling the officers heroes.
Google is accused in a wrongful death lawsuit filed by the family of a man who committed suicide in October, allegedly at the direction of the tech giant's AI chatbot, Gemini.
Although Sean Plankey's access badge was taken and he was escorted out of Coast Guard headquarters Monday, he remains the nominee to lead the Cybersecurity and Infrastructure Security Agency, sources said.
Minnesota Gov. Tim Walz told lawmakers that fraud "happened on my watch," but defended his administration's handling of the allegations.
The U.S. government must also reimburse businesses for the interest they paid on tariffs recently struck down by the Supreme Court, according to the Cato Institute.
Google is accused in a wrongful death lawsuit filed by the family of a man who committed suicide in October, allegedly at the direction of the tech giant's AI chatbot, Gemini.
The U.S. government must also reimburse businesses for the interest they paid on tariffs recently struck down by the Supreme Court, according to the Cato Institute.
President Trump said the government agency will provide political risk insurance to "all shipping lines" operating in the Persian Gulf.
United said it could permanently ban travelers who refuse to wear headphones while listening to audio or video content on its flights.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Although Sean Plankey's access badge was taken and he was escorted out of Coast Guard headquarters Monday, he remains the nominee to lead the Cybersecurity and Infrastructure Security Agency, sources said.
Minnesota Gov. Tim Walz told lawmakers that fraud "happened on my watch," but defended his administration's handling of the allegations.
President Trump said the candidate he doesn't endorse in the Texas Republican Senate race should drop out before the May 26 runoff.
President Trump said the government agency will provide political risk insurance to "all shipping lines" operating in the Persian Gulf.
The House Ethics Committee announcement comes one day after the Texas primary, which resulted in Rep. Tony Gonzales and Brandon Herrera heading to a runoff.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
More than three dozen states cover dental services for people on Medicaid, but with about $900 billion in cuts expected to hit states over the next decade, many programs could roll back dental coverage.
The fallen soldiers identified by the Pentagon were Sgt. Declan Coady, Sgt. 1st Class Nicole Amor, Capt. Cody Khork, and Sgt. 1st Class Noah Tietjens.
Iranian officials say more than 170 people were killed in the strike. Neither the U.S. nor Israel has said it was behind the attack, but the Pentagon is investigating.
The government unveiled items said to have been found on the boat, including high-powered weapons, more than 12,800 pieces of ammunition and 11 pistols.
In Defense Secretary Pete Hegseth's second news briefing since the start of the Iran war, Hegseth said the U.S. had sunk an enemy ship by a torpedo for the first time since World War II.
The measure, which would block President Trump from further military force against Iran, appears poised to fall short of the simple majority needed to advance in the Senate.
Hilarie Burton Morgan, known for playing Peyton on "One Tree Hill," talks about her docuseries, "True Crime Story: It Couldn't Happen Here," which is in its third season. She explains how each episode highlights a case in a small town in the U.S., how the series empowers the audience and recent developments in a cold case.
TV host and food expert Padma Lakshmi, the creator and executive producer of the new CBS series, "America's Culinary Cup," speaks to "CBS Mornings" about creating the cooking competition and how it's different from other shows.
Bestselling author Michaeleen Doucleff offers science-backed tips on how families can curb their screen time and cut back on ultraprocessed foods. She explains how her new book, which is aimed at rewiring children's brains, began with a personal revelation.
Actor Luke Grimes talks about starring in the "Yellowstone" spinoff "Marshals." Grimes reveals why he was hesitant to join the cast at first and what it was like to have his new song "Haunted" to play in the premiere episode.
UFC commentator Laura Sanko joins "CBS Mornings" to preview Saturday's UFC fight where defending champion Max Holloway will take on Charles Oliveira for the BMF title.
Hours after the Trump administration ditched Anthropic over the dispute about AI use, OpenAI struck its own deal with the Pentagon. Now the details of that agreement appear to be changing after backlash. Katrina Manson, Bloomberg News reporter, has more.
Drones struck two facilities in the United Arab Emirates directly, and damaged a data center in Bahrain, Amazon said.
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.
The CEO of Anthropic says his company refused to allow its technology to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement).
Dario Amodei, co-founder and CEO of the artificial intelligence company Anthropic, says his company refused to allow its AI product, Claude, to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement). That prompted President Trump to announce Friday that he is banning Anthropic's technology from all federal use, while Secretary of Defense Pete Hegseth labeled the company "a supply chain risk to national security." Amodei talks with correspondent Jo Ling Kent about why he calls the administration's actions "retaliatory and punitive."
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Travis County DA Jose Garza said Tuesday that suggestions that he would seek charges in the killing were "intentionally false" and political in nature, calling the officers heroes.
The government unveiled items said to have been found on the boat, including high-powered weapons, more than 12,800 pieces of ammunition and 11 pistols.
A jury found Colin Gray, the father of an accused Georgia high school shooter, guilty on all 27 counts Tuesday, including second-degree murder. Last week Gray testified in his own defense that he never noticied any signs of trouble with his son, Colt Gray, who is charged with opening fire and killing four people inside Apalachee High School in 2024.
Takeshi Ebisawa was sentenced to 20 years in prison by a New York court after being convicted of trafficking nuclear material as well as drugs and weapons.
The attacker who opened fire at a bar in Austin, Texas, over the weekend appears to have posted antisemitic, anti-Christian and misogynistic messages on social media.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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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.
Some Americans in the Middle East are voicing frustration with what they say is a lack of help from the U.S. government as the State Department urges Americans to leave 14 countries in the region amid the Iran war. State Department spokesperson Tommy Pigott joins CBS News to discuss the situation.
White House press secretary Karoline Leavitt defended the Trump administration's plan to evacuate Americans from the Middle East as the U.S.-Israeli war with Iran continues.
Hilarie Burton Morgan, known for playing Peyton on "One Tree Hill," talks about her docuseries, "True Crime Story: It Couldn't Happen Here," which is in its third season. She explains how each episode highlights a case in a small town in the U.S., how the series empowers the audience and recent developments in a cold case.
Rep. Robert Garcia, a California Democrat, showed an image of Renee Good's carseat after the Minnesota resident was shot and killed by an ICE agent. During the hearing on the Minnesota fraud investigation, Garcia criticized the Trump administration's immigration operation and asked Minnesota Gov. Tim Walz how it has impacted the state's fraud probe.
Aline Kamakian, a chef ambassador for World Central Kitchen, joins CBS News 24/7 to discuss how Middle Easterners displaced by ongoing airstrikes in the region are struggling.