FTX founder Sam Bankman-Fried hit with new fraud charges
Prosecutors unveiled securities fraud and other fresh charges against the former cryptocurrency mogul.
FTX
Judge suggests jail to hinder Sam Bankman-Fried's electronics use
"Why am I being asked to set him loose in this garden of electronic devices?" Judge Lewis Kaplan asked prosecutors.
Feds seize over $170 million in cash accounts linked to Sam Bankman-Fried
They also seized 55.27 million shares of Robinhood stock currently valued at about $526 million.
Judge terminates FTX naming rights deal for Miami Heat arena
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, FTX founder, pleads not guilty
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.
FTX founder pleads not guilty to fraud
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 pleads not guilty
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's Sam Bankman-Fried pleads not guilty to fraud charges
FTX founder duped customers by using their crypto to pay debts at hedge fund Alameda Research, prosecutors say.
How Iran uses cryptocurrency
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.
Sam Bankman-Fried's big political donations
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.
FTX customers file lawsuit seeking to recover crypto assets
Users of the cryptocurrency exchange accuse it of stealing their assets and stopping them from making withdrawals.
Cryptocurrency industry reacts to FTX collapse
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.
Sam Bankman-Fried under house arrest
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 released on $250M bond
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.
FTX founder Sam Bankman-Fried released on $250 million bond
The FTX founder was ordered to home confinement at his parents' home in Palo Alto, California.
Two associates of FTX founder Sam Bankman-Fried agree to plea deals
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 faces concerns about crypto
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.
Ex-FTX CEO Sam Bankman-Fried agrees to be extradited to U.S., sources say
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.
Sam Bankman-Fried appears in Bahamas court
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.
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.
Bankruptcy court hears FTX case
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.
Fear shadows cryptocurrency exchanges after FTX's collapse
Customers of Binance, the biggest crypto exchange, withdrew billions in funds this week. The company says it's safe.
FTX founder charged with fraud
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 denied bail
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.
House committee holds hearing on FTX collapse
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."
Live
Slow progress toward peace deal as Iran strikes ship in Strait of Hormuz
Hezbollah says Israel must withdraw forces from Lebanon and Iran strikes a ship in the Strait of Hormuz as negotiations toward a peace deal grind on.
Race to find survivors as Venezuela's earthquake death toll doubles
The twin earthquakes that hit Venezuela killed almost 600 people, and that toll is likely to keep rising as frantic rescue and recovery operations ramp up.
John Bolton pleads guilty to retaining classified information
Bolton agreed to pay a $2.25 million fine, pleading guilty to one count of retaining classified national security information.
"Regime Change" authors on Trump's "information bubble" and use of power
In "Regime Change, Inside the Imperial Presidency of Donald Trump," Maggie Haberman and Jonathan Swan describe his fundamentally different approach to running the country.
Exclusive
Senate Democrats push for info on "anti-weaponization" fund, demand hearing
Led by Sen. Cory Booker of New Jersey, a group of Senate Democrats suggested the Justice Department violated its internal policies with the creation of the "anti-weaponization" fund.
Billionaire Leon Black testifying before House Epstein panel
An investor who employed and was close to Jeffrey Epstein is appearing before members of Congress investigating the deceased sexual abuser.
Judge in Charlie Kirk murder case finds prosecutor in contempt
The defense team for Tyler Robinson asked that the death penalty be taken off the table following public comments by prosecutors.
Paris bans alcohol in public amid record-breaking heatwave
Authorities are attempting to reduce the pressure on hospitals as the city swelters under extreme heat.
How much water does AI really use?
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
U.S.
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Judge in Charlie Kirk murder case finds prosecutor in contempt
The defense team for Tyler Robinson asked that the death penalty be taken off the table following public comments by prosecutors.
Exclusive
Senate Democrats push for info on "anti-weaponization" fund, demand hearing
Led by Sen. Cory Booker of New Jersey, a group of Senate Democrats suggested the Justice Department violated its internal policies with the creation of the "anti-weaponization" fund.
Jalen Brunson's mom on teaching him to be a leader: "It's how you respond"
The Second Round Foundation, founded by Sandra and Jalen Brunson, aims to help provide young people with what they need to thrive in the future.
Newsom proposes federal billionaire tax and AI "public equity" fund
As California Gov. Gavin Newsom eyes a 2028 presidential bid, he's calling for a national tax on billionaires and a public stake in AI, though he opposes a state ballot measure to tax billionaires.
This week on "Sunday Morning" (June 28)
Jane Pauley hosts a special program celebrating our nation's semiquincentennial, "These United States - America at 250."
MoneyWatch
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Nude portrait by Amedeo Modigliani sets record at auction
The Modigliani painting "Nu assis au collier" (Seated Nude Wearing a Necklace) sold for $63.9 million, the highest price achieved for a work by the artist sold at auction in Europe, Sotheby's said.
Apple and Microsoft are raising their prices as chip costs soar
Apple is raising the prices of some MacBooks and iPads, while Microsoft is raising Xbox prices as semiconductor costs surge.
Big Tech is spending trillions on AI. Investors want proof it'll pay off.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
Supreme Court sides with Monsanto in case over cancer risks from weedkiller
The Supreme Court ruled that Monsanto cannot be held liable under state laws for failing to warn consumers about the alleged cancer risks of its weedkiller Roundup on its label.
Fed's preferred inflation gauge hits 3-year high
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
Politics
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"Regime Change" authors on Trump's "information bubble" and use of power
In "Regime Change, Inside the Imperial Presidency of Donald Trump," Maggie Haberman and Jonathan Swan describe his fundamentally different approach to running the country.
Exclusive
Senate Democrats push for info on "anti-weaponization" fund, demand hearing
Led by Sen. Cory Booker of New Jersey, a group of Senate Democrats suggested the Justice Department violated its internal policies with the creation of the "anti-weaponization" fund.
Newsom proposes federal billionaire tax and AI "public equity" fund
As California Gov. Gavin Newsom eyes a 2028 presidential bid, he's calling for a national tax on billionaires and a public stake in AI, though he opposes a state ballot measure to tax billionaires.
John Bolton pleads guilty to retaining classified information
Bolton agreed to pay a $2.25 million fine, pleading guilty to one count of retaining classified national security information.
Billionaire Leon Black testifying before House Epstein panel
An investor who employed and was close to Jeffrey Epstein is appearing before members of Congress investigating the deceased sexual abuser.
HealthWatch
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Internal emails show how RFK Jr.'s team sought to sway the CDC
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
Chris Evert announces her ovarian cancer has returned
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
Democrats to propose bill capping out-of-pocket Medicare costs for enrollees
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in Congo top 1,000, deaths surpass 250, officials say
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
World
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4 people convicted over insecticide deaths of tourist family at hotel
Investigators initially suspected food poisoning, but that was quickly dismissed after Turkish media reported that their hotel was dealing with a bedbug infestation.
Ukraine launches huge drone attack on Russia and occupied Crimea
President Volodymyr Zelenskyy says Ukraine will ramp up attacks on Russia in an operation "aimed at compelling it to end the war."
AI helps decode new secrets from scrolls burned by Mount Vesuvius
An 18th-century archaeological dig uncovered a library of intact but charred scrolls. Their contents have been unreadable until recently.
Paris bans alcohol in public amid record-breaking heatwave
Authorities are attempting to reduce the pressure on hospitals as the city swelters under extreme heat.
Live
Slow progress toward peace deal as Iran strikes ship in Strait of Hormuz
Hezbollah says Israel must withdraw forces from Lebanon and Iran strikes a ship in the Strait of Hormuz as negotiations toward a peace deal grind on.
Entertainment
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Entertainment
Comedian Druski to make history at BET Awards
Comedian and entertainer Druski will host the BET Awards on Sunday. At 31, he's the youngest host in the show's history. He gave "CBS Mornings" co-host Nate Burleson a preview of what to expect.
William Holden, Joseph Cotten mark bicentennial
In the lead-up to America's bicentennial in 1976, CBS aired brief segments featuring well-known figures of the time describing moments from early U.S. history. CBS News chief Washington correspondent Major Garrett introduces clips featuring legendary actors William Holden and Joseph Cotten.
New NYT reporting on Taylor Swift's wedding
The New York Times is reporting that Taylor Swift and Travis Kelce might tie the knot at Madison Square Garden. She has reportedly booked out the arena for the Fourth of July weekend, the rumored wedding date.
Taylor Swift wedding venue speculation fueled by MSG permit
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
Essential American songs of last 250 years
For the United States' 250th birthday, Sunday Morning asked dozens of notable Americans, from Jason Alexander and Ken Burns to Misty Copeland, what they considered to be our country's essential songs. This is the Essential American Songbook: 90 contributors and 250 songs. Here's a sample.
Technology
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Technology
Apple, Microsoft announce price hikes
Apple and Microsoft announced they're hiking prices for some electronic products, including computers and XBOX consoles, citing a shortage of memory chips. CNET editor-at-large Scott Stein weighs in.
How much water does AI really use?
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
How AI powered robots are helping small farms
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.
Big Tech is spending trillions on AI. Investors want proof it'll pay off.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
IBM unveils tech for higher-performance chips that use much less power
IBM has raised the curtain on semiconductor technology it says could deliver computer chips with 50 percent better performance while dramatically lowering power consumption.
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Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Crime
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Judge in Charlie Kirk murder case finds prosecutor in contempt
The defense team for Tyler Robinson asked that the death penalty be taken off the table following public comments by prosecutors.
4 people convicted over insecticide deaths of tourist family at hotel
Investigators initially suspected food poisoning, but that was quickly dismissed after Turkish media reported that their hotel was dealing with a bedbug infestation.
Luigi Mangione's lawyers discussed plea deal
Luigi Mangione's attorneys discussed a potential plea agreement before negotiations fell apart, sources said. Mangione pleaded not guilty to state and federal charges after he was arrested for allegedly killing UnitedHealthcare CEO Brian Thompson in December 2024. CBS News' Lilia Luciano has the details.
Exonerated man's widow calls settlement in yogurt shop murders "blood money"
The city of Austin agreed to a multimillion-dollar settlement to be split among four men — including to the widow and daughter of Maurice Pierce — who were wrongfully accused of murdering four teenage girls in a Texas yogurt shop.
Iranian national U.S. sought for $3.4 billion in hacking attacks arrested
An Iranian national who is wanted by the U.S. for mass hacking attacks that caused $3.4 billion in damage was arrested in Montenegro, police there say.
Space
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Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
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Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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Timeline: The disappearance of George Smith
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Who is Alix Tichelman?
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Latest CBS News Videos
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Bolton pleads guilty to classified info charge
Former Trump national security adviser John Bolton pleaded guilty to one count of retaining classified government information. CBS News legal contributor Jessica Levinson has more details.
Comedian Druski to make history at BET Awards
Comedian and entertainer Druski will host the BET Awards on Sunday. At 31, he's the youngest host in the show's history. He gave "CBS Mornings" co-host Nate Burleson a preview of what to expect.
Sandra Brunson on raising a champion
Sandra Brunson, the mother of Knicks star Jalen Brunson, talks with "CBS Mornings" about how she helped her son become a leader and the nonprofit they formed together to help young people.
Save money on your home renovation projects
The price of buying a home is higher than ever, but the expenses don't stop there. Most homes will need repairs. Kelly O'Grady provides money-saving tips for your next project.
Haberman and Swan on "Regime Change"
New York Times journalists Maggie Haberman and Jonathan Swan join "CBS Mornings" to discuss their new book, "Regime Change: Inside the Imperial Presidency of Donald Trump," and how President Trump's second term is a "fundamentally different conception of the U.S. presidency."