SEC sues Binance, alleging it operated an illegal exchange
Securities watchdog alleges the company and CEO Changpeng Zhao diverted customer funds and sought to escape regulatory oversight.
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Securities watchdog alleges the company and CEO Changpeng Zhao diverted customer funds and sought to escape regulatory oversight.
Regulator says now-shuttered student-loan assistance company fabricated data to entice JPMorgan Chase into sale.
The Securities and Exchange Commission announced charges against crypto entrepreneur Justin Sun and celebrity backers of his crypto asset companies Tronix and BitTorrent.
The Department of Justice and the Securities and Exchange Commission are investigating the Silicon Valley Bank collapse. CBS News anchors Lana Zak and Elaine Quijano spoke with John Geiringer, a partner at Barack Ferrazzano Kirshbaum and Nagelberg, about what authorities look at in such cases and what this investigation could mean for company executives.
Dave Michaels is a reporter for the Wall Street Journal. He joins CBS News to discuss what the DOJ probe means moving forward.
The Department of Justice and the Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank, the Wall Street Journal reported. CBS News national correspondent Errol Barnett reports from Santa Clara, California, on the fallout.
Abbott closed its Sturgis facility last year due to a bacteria outbreak, creating a nationwide formula shortage.
Russian millionaire with Kremlin ties turned $2 million into $21 million by trading on hacked corporate info, prosecutors said.
The Securities and Exchange Commission looked into embattled New York congressman George Santos' work for a company behind an alleged Ponzi scheme after he pitched an investment opportunity to a childhood friend and her former client. Watch the full “CBS Reports” documentary “Campaign of Deceit: The Election of George Santos” on Thursday. CBS News political reporter Caitlin Huey-Burns reports.
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.
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.
The Securities and Exchange Commission has fined Kim Kardashian more than $1 million over failing to disclose she was being paid to promote a cryptocurrency. Axios business editor Dan Primack joins CBS News to discuss the case and other market news.
Aviation giant "put profits over people" in assuring the public that its plane was safe, SEC official said.
The former security chief of Twitter has filed an explosive whistleblower complaint against the company. Peiter Zatko claims Twitter executives buried “egregious deficiencies” in the company’s cybersecurity practices. Cat Zakrzewski, a technology policy reporter for The Washington Post who co-wrote the article breaking this story, joins CBS News to discuss.
The Tesla boss's "joke on Twitter" likely sparked hope among the flailing soccer club's army of supporters as his lawyers battle over his abandoned bid to buy Twitter.
Elon Musk says his $44 billion takeover bid for Twitter is "on hold" as he seeks more information on the platform's spam accounts. CBS News tech reporter Dan Patterson has more on that, plus how Musk is also reportedly facing a SEC investigation for late disclosure after buying a substantial stake in the company.
Feds allege Hwang "propped up a $36 billion house of cards by engaging in a constant cycle of manipulative trading."
New SEC proposal requires companies to spell out bottom-line impacts of everything from floods to rising fuel costs.
Wormhole hack is one of biggest crypto heists in history, second only to $611 million theft at Poly Network last summer.
Former President Trump secured nearly $300 million in funding for his new social media venture by agreeing to merge with a special purpose acquisition company. But the deal may have skirted securities laws and stock exchange rules, according to a New York Times report. Lauren Hirsch, a business reporter who co-authored the article, joins CBSN's Lana Zak to discuss.
Report is critical of trading apps' gaming-like features, stoking of meme stocks and practice of selling customers' orders to traders.
Following an explosive interview on "60 Minutes," Facebook whistleblower Frances Haugen testified before a Senate subcommittee on Tuesday. She accused the social media giant of being morally bankrupt and said Facebook's platforms are harmful to the mental health of teens. CBS News congressional correspondent Kris Van Cleave details the hearing, then CBSN anchor Elain Quijano speaks with Nick Thompson, CEO of The Atlantic, about what Congress could potentially do to address these concerns.
Regulators said BitConnect execs pocketed funds after promising investors they could earn returns of 40% per month.
Bitcoin's meteoric rise has prompted both wild speculation and words of caution. In recent weeks, the price of the cryptocurrency has fluctuated wildly, leaving investors and regulators wondering about the future of the digital currency. Lido Isle Advisors' Managing Partner Jason Rotman joins CBSN to discuss this burgeoning market.
"Things can go very wrong" when financial markets don't adapt to new technologies, SEC nominee Gary Gensler tells lawmakers.
President Trump was safely evacuated from the White House Correspondents' Dinner after shots were fired outside the ballroom of the Washington Hilton.
President Trump was evacuated from the White House Correspondents' Dinner after shots rang out at the hotel where the event was taking place.
U.S. envoys Steve Witkoff and Jared Kushner were expected to head to Islamabad Saturday, but President Trump said later that his "representatives" would not be going.
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
Britain's King Charles will be visiting the U.S. starting on Monday to mark America's 250th anniversary – his first trip since his coronation nearly three years ago.
A 26-year-old man is facing two counts of first-degree murder in the deaths of Zamil Limon and Nahida Bristy, according to authorities.
Two Chicago police officers were shot inside Swedish Hospital in Chicago's Lincoln Square neighborhood on Saturday morning. One has since died.
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
After more than 40 years and three wrongful convictions, authorities says they have the man responsible for the 1984 Long Island killing of 16-year-old Theresa Fusco, who vanished after leaving her job at a local roller rink.
President Trump was safely evacuated from the White House Correspondents' Dinner Saturday night after shots were fired outside the ballroom of the Washington Hilton Hotel.
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
The waiver lets international ships carry goods between U.S. ports and is aimed at lowering energy prices.
Consumers allege that Trader Joe's improperly advertised a coffee product as fully caffeinated when it was not.
The conflict is expected to crimp global natural gas supplies due to damage to liquefied natural gas facilities in Qatar.
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
President Trump was evacuated from the White House Correspondents' Dinner after shots rang out at the hotel where the event was taking place.
President Trump was safely evacuated from the White House Correspondents' Dinner Saturday night after shots were fired outside the ballroom of the Washington Hilton Hotel.
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
DHS has faced opposition from cities and states where the federal government plans to open mass detention facilities.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
President Trump cited wasted time and confusion over leadership, adding, "we have all the cards."
Britain's King Charles will be visiting the U.S. starting on Monday to mark America's 250th anniversary – his first trip since his coronation nearly three years ago.
Mali has been plagued by insurgencies fought by affiliates of al Qaeda and the Islamic State group.
U.S. Southern Command shared a video showing a boat floating in the water before an explosion left it in flames.
Frankie Grande sits down with "CBS Saturday Morning" to discuss his starring role in Broadway's latest hit show "Titaníque," after originating the part in the show's Off-Broadway run.
Darla Moore is a billionaire from Lake City, South Carolina, who saw an opportunity to revitalize her small hometown with ArtFields, a festival that transforms the town into a hub for Southern art and history.
Tony-nominated Broadway actor Derek Klena sits down with "CBS Saturday Morning" to discuss his latest venture as a performer and player for the Savannah Bananas baseball team.
Grammy-nominated folk duo The Milk Carton Kids are out with their 7th studio album, "Lost Cause Lover Fool." Here they are performing "A Friend Like You."
Grammy-nominated folk duo The Milk Carton Kids are out with their 7th studio album, "Lost Cause Lover Fool." Here they are performing "A Friend Like You."
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul reports.
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 ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Some young people are opting to go phone-free to live in the moment. USA Today youth mental health reporter Rachel Hale went to an underground, phone-free party in New York City and wrote about her experience. She tells "The Daily Report" about it.
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
President Trump took questions Saturday night after a shooting broke out at the White House Correspondents' Association Dinner. A 31-year-old suspect is in custody. CBS News' Carissa Lawson and Tony Dokoupil anchored this special report.
The White House Correspondents' Dinner, with President Trump in attendance, ended in a shooting on Saturday. Officials identified the suspect as 31-year-old Cole Allen of Torrance, California. CBS News' Nancy Cordes and Sam Vinograd have more.
CBS News' Ed O'Keefe speaks with Weijia Jiang, the president of the White House Correspondents' Association, about her experience during Saturday night's shooting.
U.S. Attorney for the District of Columbia Jeanine Pirro announced charges for the suspect in the White House Correspondents' Dinner shooting on Saturday.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
Nearly 41 years after a New York teenager is killed, an unexpected breakthrough in the case. "48 Hours" correspondent Erin Moriarty reports.
President Trump took questions Saturday night after a shooting broke out at the White House Correspondents' Association Dinner. A 31-year-old suspect is in custody. CBS News' Carissa Lawson and Tony Dokoupil anchored this special report.
The White House Correspondents' Dinner, with President Trump in attendance, ended in a shooting on Saturday. Officials identified the suspect as 31-year-old Cole Allen of Torrance, California. CBS News' Nancy Cordes and Sam Vinograd have more.
CBS News' Ed O'Keefe speaks with Weijia Jiang, the president of the White House Correspondents' Association, about her experience during Saturday night's shooting.
U.S. Attorney for the District of Columbia Jeanine Pirro announced charges for the suspect in the White House Correspondents' Dinner shooting on Saturday.