SEC charges former FTX CEO with defrauding crypto investors
Securities regulators claim Sam Bankman-Fried built a "house of cards" while telling investors their money was safe.
FTX
What to know about the charges facing FTX's Sam Bankman-Fried
Once hailed as a genius, the 30-year-old MIT grad now faces multiple charges of fraud following the collapse of his crypto firm.
Bankman-Fried facing likely extradition
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.
Former FTX CEO arrested
Former FTX CEO Sam Bankman-Fried has been arrested in the Bahamas at the request of U.S. authorities. The U.S. Securities and Exchange Commission has charged him with orchestrating a scheme to defraud investors. Scott MacFarlane reports.
Former FTX CEO faces charges
Former FTX CEO Sam Bankman-Fried has been arrested in the Bahamas on criminal charges and faces extradition to the U.S.. He has also been charged by the Securities and Exchange Commission for allegedly defrauding investors in his cryptocurrency exchange. CBS News congressional correspondent Scott MacFarlane joins "CBS News Mornings" to explain the fallout on Capitol Hill, where Bankman-Fried had been scheduled to testify at a hearing today.
FTX founder faces criminal fraud charges
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.
Former FTX CEO Sam Bankman-Fried arrested on fraud charges
Bankman-Fried was arrested on charges including wire fraud and conspiracy related to the collapse of his cryptocurrency exchange.
FTX founder Sam Bankman-Fried arrested
Sam Bankman-Fried, founder and former CEO of the FTX cryptocurrency exchange, which recently filed for bankruptcy, has been arrested in the Bahamas based on charges filed in the U.S. CBS News legal contributor Jessica Levinson joins John Dickerson on "Prime Time" with more on this breaking story.
"Grossly inexperienced" leaders led to FTX collapse, new CEO says
New crypto exchange chief points to massive failures under Sam Bankman-Fried ahead of House committee hearing.
FTX founder Sam Bankman-Fried plans to testify before Congress
Former FTX CEO tweeted that he's limited to what he can say and "won't be as helpful" as he would like to be.
Justice Department seeks independent probe of FTX's meltdown
DOJ officials want to investigate "allegations of fraud, dishonesty, incompetence, misconduct and mismanagement."
Sam Bankman-Fried: "I've had a bad month"
Bankman-Fried, who was once worth $26.5 billion, said he had one working credit card and $100,000 left in a bank account.
$740 million in crypto assets recovered in FTX bankruptcy
Recouped funds are a fraction of the billions of dollars thought to have gone missing from the exchange's coffers.
FTX had "substantial amount" of assets stolen
Some of those assets are believed to have been seized by government officials in Bahamas, where company is based.
Bitcoin slumps as FTX meltdown triggers fears of contagion
Total value of cryptocurrencies has fallen more than $1 trillion this year as investor sentiment sours.
Bankrupt FTX Trading owes creditors more than $3 billion
Bankruptcy court documents offer a glimpse of just how much the Bahamas-based crypto exchange is in debt.
Tom Brady, Gisele Bundchen among those sued after FTX collapse
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
FTX's new CEO: Company suffered a "complete failure"
Bankrupt crypto exchange plagued by "complete absence of trustworthy financial information," CEO John Ray III said.
Sam Bankman-Fried tweets he'll explain "what happened" with FTX
The former FTX CEO tweeted a series of cryptic comments, adding that his "memory might be faulty in parts."
Yellen warns of "risky" cryptocurrency, touts "resilient" U.S. economy
The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
Sam Bankman-Fried's crypto exchange FTX files for bankruptcy
CEO Sam Bankman-Fried also resigned from FTX, which was facing a financial crunch and a federal probe.
FTX Trading meltdown: What you should know
One of the world's most prominent cryptocurrency exchanges suddenly crashed and burned. Here's what happened.
In a flash, FTX Trading goes from crypto boom to bust
World's third-largest cryptocurrency exchange spent big on Super Bowl ads and stadium names. Now it's trying to survive.
World's largest crypto platform Binance buys rival FTX Trading
The deal, announced via Twitter, would make Binance an even more dominant player in the cryptocurrency industry.
Judge permanently blocks release of Jack Smith's report on Trump documents case
A federal judge on Monday permanently blocked the Justice Department from releasing former special counsel Jack Smith's report on the classified documents investigation.
ICE whistleblower warns new recruits are receiving "defective" training
Documents given to Congress appear to show courses involving use-of-force were eliminated.
25 Mexican National Guard troops killed after cartel leader's death
Nemesio Rubén Oseguera Cervantes — known as "El Mencho" — was the boss of one of the fastest-growing criminal networks in Mexico.
Nick Reiner pleads not guilty in the killing of his parents
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
Power outages reported, thousands of flights canceled as storm slams Northeast
More than 40 million people were under blizzard warnings along 700 miles of the East Coast from Maryland to Maine.
Former U.K. ambassador to U.S. Peter Mandelson arrested
Former U.K. ambassador to the U.S. Peter Mandelson has been arrested weeks after a series of emails between him and the late convicted sex offender Jeffrey Epstein were released.
Tariffs pose "huge uncertainty" after Supreme Court ruling, experts say
The Trump administration is unlikely to back down from pursuing additional tariffs following the Supreme Court decision, according to trade experts.
Lindsey Vonn says surgery saved leg from amputation after Olympics crash
American skier Lindsey Vonn, who crashed seconds into her downhill race at the 2026 Winter Olympics, said she is finally out of the hospital as she recovers.
U.S. women's hockey team declines State of the Union invitation
The U.S. women's ice hockey team said Monday they will not be attending President Trump's State of the Union address, citing scheduling conflicts.
U.S.
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U.S. women's hockey team declines State of the Union invitation
The U.S. women's ice hockey team said Monday they will not be attending President Trump's State of the Union address, citing scheduling conflicts.
Tariffs pose "huge uncertainty" after Supreme Court ruling, experts say
The Trump administration is unlikely to back down from pursuing additional tariffs following the Supreme Court decision, according to trade experts.
Exclusive
Why some Democratic women will wear white to Trump's State of the Union
The Democratic Women's Caucus wore pink to President Trump's address to Congress last year. This year, they're returning to white.
Strike on alleged drug boat in Caribbean kills 3 people, U.S. military says
Since the administration began targeting those it calls "narcoterrorists" in small vessels last year, at least 148 people have been killed in the strikes.
Utah mom accused of poisoning her husband on trial for murder. What to know.
Kouri Richins, the Utah mother accused of killing her husband and then publishing a children's book about grief, is now on trial for his murder.
MoneyWatch
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Tariffs pose "huge uncertainty" after Supreme Court ruling, experts say
The Trump administration is unlikely to back down from pursuing additional tariffs following the Supreme Court decision, according to trade experts.
Dow slides nearly 800 points as AI and tariff risks rattle investors
The Dow Jones slid nearly 800 points as investors fret over AI disruption and react to President Trump's new tariff agenda.
Here's how much the new "no tax on tips" deduction could save you
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
Social Security could run dry earlier than expected, analysis finds
The Social Security Administration wouldn't stop issuing benefits once its trust funds are exhausted, but it could be forced to cut benefits.
Trump imposes 10% tariffs on all countries after SCOTUS struck down earlier tariffs
President Trump signed an order that will impose 10% tariffs on imports from all countries, just hours after the Supreme Court struck down a different set of sweeping global tariffs.
Politics
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Exclusive
Why some Democratic women will wear white to Trump's State of the Union
The Democratic Women's Caucus wore pink to President Trump's address to Congress last year. This year, they're returning to white.
Strike on alleged drug boat in Caribbean kills 3 people, U.S. military says
Since the administration began targeting those it calls "narcoterrorists" in small vessels last year, at least 148 people have been killed in the strikes.
DHS officials watch for response by US-based cartel networks after leader killed
Law enforcement is monitoring potential increases in violence, coercion or debt-collection activity in domestic trafficking corridors after cartel head "El Mencho" was killed Sunday.
ICE whistleblower warns new recruits are receiving "defective" training
Documents given to Congress appear to show courses involving use-of-force were eliminated from ICE officer training.
Former U.K. ambassador to U.S. Peter Mandelson arrested
Former U.K. ambassador to the U.S. Peter Mandelson has been arrested weeks after a series of emails between him and the late convicted sex offender Jeffrey Epstein were released.
HealthWatch
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As more Americans embrace anxiety treatment, RFK Jr. derides medications
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
How safe is America from polio?
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return.
How safe is America from polio?
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return. CBS News chief medical correspondent Dr. Jonathan LaPook talks with David Oshinsky, author of "Polio: An American Story," and with violin virtuoso Itzhak Perlman, who contracted polio as a child, about how parents opting out of vaccinations for their children could affect polio rates here.
Robots can help amid nursing home staffing crisis
A growing, aging population and an acute caregiver shortage are pushing adult care centers to think outside the box. Itay Hod introduces a new, high-tech helper.
Cop's shortness of breath was the only sign of rare lung disorder
Travis Corbitt's struggles to breathe led to his retirement and reliance on an oxygen tank.
World
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Tariffs pose "huge uncertainty" after Supreme Court ruling, experts say
The Trump administration is unlikely to back down from pursuing additional tariffs following the Supreme Court decision, according to trade experts.
DHS officials watch for response by US-based cartel networks after leader killed
Law enforcement is monitoring potential increases in violence, coercion or debt-collection activity in domestic trafficking corridors after cartel head "El Mencho" was killed Sunday.
Former U.K. ambassador to U.S. Peter Mandelson arrested
Former U.K. ambassador to the U.S. Peter Mandelson has been arrested weeks after a series of emails between him and the late convicted sex offender Jeffrey Epstein were released.
Some U.S. Embassy staff in Beirut ordered to leave amid escalating tensions
The State Department has ordered some staff in the U.S. Embassy in Beirut to begin to leave Lebanon, multiple sources familiar with the matter said.
Lindsey Vonn says surgery saved leg from amputation after Olympics crash
American skier Lindsey Vonn, who crashed seconds into her downhill race at the 2026 Winter Olympics, said she is finally out of the hospital as she recovers.
Entertainment
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Entertainment
Nick Reiner pleads not guilty to murder
Nick Reiner pleaded not guilty in Los Angeles on Monday in the killing of his parents, Rob Reiner and Michele Singer Reiner. CBS News correspondent Carter Evans has more.
Nick Reiner pleads not guilty in the killing of his parents
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
Star Trek celebrates 60 years
CBS News' Dave Malkoff joins from Star Trek: The Cruise with Rob Picardo, who plays "The Doctor" in the series, to discuss how people are celebrating 60 years of the franchise.
Racial slur shouted during BAFTA awards by guest with Tourette's
Britain's film academy and the BBC apologized after a broadcast of the BAFTA awards ceremony that included an offensive outburst by an audience member with Tourette's syndrome.
"Survivor 50" contestant on returning to game
Contestant Colby Donaldson talks about returning to play "Survivor" again, why he wanted to play originally and how the 50th season is all about the fans.
Technology
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Technology
Robots can help amid nursing home staffing crisis
A growing, aging population and an acute caregiver shortage are pushing adult care centers to think outside the box. Itay Hod introduces a new, high-tech helper.
Social psychologist on social media addiction
One of the catalysts for the social media addiction debate was a 2024 book called "The Anxious Generation" by social psychologist Jonathan Haidt. His new book tries to help parents and kids break free from screens. Haidt joins CBS News to discuss Mark Zuckerberg, the ongoing social media addiction trial and artificial intelligence.
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.
Judge scolds Mark Zuckerberg's team for wearing Meta glasses to trial
A Los Angeles judge ordered Meta officials to remove their AI glasses at a trial over the impact of social media on users.
Mark Zuckerberg grilled in court
Meta CEO Mark Zuckerberg took the stand at the social media addiction trial examining whether children and teens were given access to an addictive and harmful product. CBS News' Carter Evans reports.
Science
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In a first, shark seen on camera in Antarctica waters, surprising researchers
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.
How Washington's crossing of the Delaware presaged a changing world
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.
These United States: George Washington and climate change
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.
Impact of climate change on Winter Olympics
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Crime
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Utah author fatally poisoned husband to get his money, prosecutors say
Kouri Richins slipped five times the lethal dose of fentanyl into a cocktail that her husband drank, prosecutors say.
Nick Reiner pleads not guilty in the killing of his parents
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
Officials probe killing at Mar-a-Lago
An armed man was shot and killed after gaining "unauthorized entry" into Mar-a-Lago, President Trump's Florida estate, the Secret Service said. The shooting occurred as FBI Director Kash Patel attended the Winter Olympics in Italy. CBS News' Scott MacFarlane reports.
25 Mexican National Guard troops killed after cartel leader's death
Nemesio Rubén Oseguera Cervantes — known as "El Mencho" — was the boss of one of the fastest-growing criminal networks in Mexico.
Armed man shot and killed at Mar-a-Lago
The U.S. Secret Service shot and killed a North Carolina man who authorities say entered a secure perimeter at Mar-a-Lago with a shotgun and gas canister. President Trump and the first lady were at the White House at the time. Scott MacFarlane reports.
Space
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NASA to start slow-moving process returning moon rocket to hangar this week
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
NASA's moon rocket hit by new problem, flight pushed to April
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
Report criticizes NASA Boeing Starliner trip
An internal investigation is blasting NASA's handling of the first piloted flight of Boeing's Starliner spacecraft in 2024. The flight left two astronauts stuck on the International Space Station for nearly a year. The investigation found the flight was plagued by potentially life-threatening technical and management failures.
Cosmologist on UFO files
President Trump has ordered the release of all government documents related to aliens, UFOs and extraterrestrial life. It comes after former President Barack Obama addressed the topic earlier this week and said aliens are real, a statement which he later modified. CBS News contributor Janna Levin has more details.
NASA targets March 6 for Artemis II moonshot
A successful fueling test prompts NASA to press ahead toward a March 6 moonshot.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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U.S. men's hockey team arrives in Miami
The U.S. men's hockey team has arrived in Miami following the team's overtime win over Canada for the Olympic gold medal on Sunday. Some of the players spoke with reporters who met them at the airport.
Poll: Trump support among independents drops
Just 26% of independents approve of the job President Trump is doing, while 73% disapprove, according to a new poll from CNN and SSRS. That is a 15-point decline since February of last year. CBS News' Fin Gómez has more.
Latest on Trump plan to raise global tariffs
President Trump said Saturday that he will raise global tariffs to 15% after the Supreme Court struck down a set of sweeping global tariffs in a decision last week. CBS News White House reporter Olivia Rinaldi has more.
Snow still falling across Northeast U.S.
More than half a million power outages have been reported across the East Coast as a historic blizzard continues to impact states from Maryland to Maine. CBS News correspondent Shanelle Kaul reports.
ICE whistleblower to testify before lawmakers
A former U.S. Immigration and Customs Enforcement instructor who says new recruits are receiving "defective" training is set to testify on Monday at a hearing organized by congressional Democrats. CBS News immigration correspondent Camilo Montoya-Galvez has more.