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
Trump says Strait of Hormuz deal could happen soon amid talks
The president told reporters an announcement on the strait could happen soon, following talks between Iran and Oman.
Investigation
Company's safety record raises questions after massive L.A. warehouse fire
The massive food warehouse fire in Los Angeles in June followed a long run of fires at properties tied to one of the world's largest cold storage companies, a CBS News investigation has found.
At least 12 states report cyberattacks on water systems possibly linked to Iran
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
FAA probing Marine One safety incident around National Airport
When the helicopter that transports President Trump crosses the Potomac, Reagan Washington National Airport is required to impose a ground stop on air traffic.
Qdoba removes jalapeños as salmonella outbreak spreads to 27 states
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Progressive Abdul El-Sayed projected to win Michigan Democratic Senate primary
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Cyclospora outbreak tied to lettuce now linked to 15 states, CDC says
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
FDA approves Moderna's mRNA flu vaccine after initial pushback
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
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Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
FDA approves Moderna's mRNA flu vaccine after initial pushback
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
Most detailed images taken of sun's surface revealed: "Major step forward"
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.
More rescued beluga whales arrive in Texas as relocation effort continues
SeaWorld San Antonio welcomed seven more beluga whales on Tuesday, the latest development in the international effort to relocate dozens of the mammals from shuttered Canadian theme park Marineland.
Cyclospora outbreak tied to lettuce now linked to 15 states, CDC says
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
MoneyWatch
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Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
FDA approves Moderna's mRNA flu vaccine after initial pushback
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
Some Gen Zers swap smartphones for "dumb" phones in a bid to unplug
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Why SpaceX stock is falling despite strong revenue growth
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Disney partners with TikTok to offer creator content on its app
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Politics
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House candidate wins primary despite ending campaign, beating Trump endorsee
Thomas Smith won Michigan's 8th District GOP primary on Tuesday — even though he had suspended his campaign in mid-July. Even more surprisingly: He defeated a Trump-endorsed candidate.
FAA probing Marine One safety incident around National Airport
When the helicopter that transports President Trump crosses the Potomac, Reagan Washington National Airport is required to impose a ground stop on air traffic.
Senate confirms Dr. Erica Schwartz as CDC director
The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
First on CBS
Senator pushes DoD to release probe of Iranian attack that killed 6 U.S. troops
A CBS News investigation found troops had flagged military leaders about the lack of defenses and insufficient medical supplies ahead of the attack in Kuwait at the beginning of the war with Iran.
HealthWatch
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FDA approves Moderna's mRNA flu vaccine after initial pushback
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
Toddler twins reunited after cancer treatment
A video showing 3-year-old twins Millie and Maverick reuniting after one of them had to undergo cancer treatment hours away from their home has gone viral. Matt Gutman reports.
Cyclospora outbreak tied to lettuce now linked to 15 states, CDC says
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
Qdoba removes jalapeños as salmonella outbreak spreads to 27 states
At least 345 people — the majority in Colorado and Minnesota — have been sickened by a salmonella outbreak, according to the U.S. Centers for Disease Control and Prevention.
As FDA approves marketing for nicotine pouches, some doctors sound alarms
One health advocate called nicotine pouches a "profound risk" for young people.
World
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More rescued beluga whales arrive in Texas as relocation effort continues
SeaWorld San Antonio welcomed seven more beluga whales on Tuesday, the latest development in the international effort to relocate dozens of the mammals from shuttered Canadian theme park Marineland.
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Baby "cocaine hippo" linked to infamous drug lord is rescued in Colombia
Colombia has around 200 so-called "cocaine hippos" living in the wild, all of which descended from a colony brought to South America by slain cocaine kingpin Pablo Escobar.
Record-low Danube River levels threaten shutdown of Hungary's nuclear plant
Three of four units of Hungary's Paks nuclear power plant were not in operation and the fourth was operating at about 50%, as of Wednesday morning.
Russian drone factory director seriously injured in car explosion
Vladimir Tkachuk has been pictured showcasing his drones to President Vladimir Putin.
Entertainment
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Entertainment
Inside the risky business of Broadway musicals
The costs of a Broadway musical production have skyrocketed in recent years. CBS News contributor Jamie Wax reports.
Aaron Pierre talks new series, "Lanterns"
Actor Aaron Pierre is starring as John Stewart in the new series "Lanterns." He tells "CBS Mornings" why this character is special to him, what it's like to join the DC Universe and how he managed undergoing surgery during the audition process.
Stranger rescues band from car troubles
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Ariana Grande on her plans to take break
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Jordan Roth talks "The Shards"
Tony Award-winning producer Jordan Roth talks about starring in the "The Shards" and describes what it was like to go from behind the scenes on Broadway to making his major on-screen acting debut.
Technology
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Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
AI models are behaving unexpectedly. Experts warn of a "bumpy road" ahead.
AI models are engaging in unauthorized actions — in the most recent case, creating fake identities and attempting to persuade real people to approve malicious code.
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.
At least 12 states report cyberattacks on water systems possibly linked to Iran
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
Anthropic AI created fake profiles in hack
Two of the most powerful artificial intelligence agents created fake human profiles to try to trick people in attempted cyberattacks. Mashable tech editor Tim Werth joins CBS News to discuss.
Science
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Most detailed images taken of sun's surface revealed: "Major step forward"
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.
Bezos, DiCaprio set up massive wildlife fund
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Rare video shows humpback whale birth
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
Crime
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Crime
Questions about company in L.A. warehouse fire
Matt Gutman investigates Lineage Logistics, the company involved in the Los Angeles warehouse fire that left tens of millions of pounds of meat to rot, forcing a whole community to face foul odors and other health hazards.
Details on man arrested near Trump golf club
A man arrested outside President Trump's golf club in Rancho Palos Verdes, California, was already under investigation for robbery. Nikole Killion has the details.
New Mexico AG on suing DOJ over Epstein files
New Mexico is suing the Trump administration for access to files related to Jeffrey Epstein as it investigates the convicted sex offender's Zorro Ranch property. New Mexico Attorney General Raúl Torrez joins "The Takeout" to discuss.
Water system cyberattacks spread to more states
Several states are experiencing cyberattacks on their water systems after Minnesota reported at attack last week. CBS News homeland security correspondent Nicole Sganga has the latest.
Latest details from Lindsay Clancy trial
The murder trial of Lindsay Clancy wrapped its seventh day on Wednesday. Clancy has admitted to killing her three children, but her defense says she was experiencing an extreme mental health crisis at the time of their deaths. CBS News' Shanelle Kaul has more.
Space
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Most detailed images taken of sun's surface revealed: "Major step forward"
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.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
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Latest CBS News Videos
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Ex-Sanders campaign adviser on El-Sayed's win
Abdul El-Sayed has defeated Rep. Haley Stevens in the Michigan Democratic Senate primary, CBS News projects. Corbin Trent, former national coordinator for the Bernie Sanders campaign, joins with analysis.
Former Defense Sec. Chuck Hagel on Iran war
Former Defense Secretary Chuck Hagel served from 2013 to 2015 in the Obama administration. He joins CBS News to discuss the latest developments in the Iran war as congressional lawmakers ask for more transparency and information about the conflict.
LIV Golf secures "lead investor" for 2027 season
The CEO of LIV Golf announced an investor agreement that he claims will allow the league to continue. The Athletic staff writer Gabby Herzig joins CBS News to discuss.
Inside the risky business of Broadway musicals
The costs of a Broadway musical production have skyrocketed in recent years. CBS News contributor Jamie Wax reports.
Unnerving report about AI deception
The United Kingdom's AI Security Institute reports that models from Anthropic and OpenAI "engaged in sustained, potentially harmful activity directed at real people and organizations" when they created fake identities in a deception attempt during a recent cybersecurity test. CBS News' Jo Ling Kent reports.