MIT-educated brothers accused of stealing $25M in crypto in 12 seconds
The 12-second execution of the alleged theft took months to plan, federal prosecutors said.
The 12-second execution of the alleged theft took months to plan, federal prosecutors said.
The peace and quiet of rural Bono, Arkansas, has been shattered by a loud and incessant mechanical buzzing sound created by a bitcoin mine. Residents are HODL.
Craig Wright has for eight years claimed he was the man behind "Satoshi Nakamoto," the mysterious pseudonym masking the identity of the creator of bitcoin.
The value of bitcoin has climbed $25,000 since the start of the year, fueled by growing demand among mainstream investors.
The world's largest cryptocurrency exchange platform admits it did not take appropriate steps to prevent money laundering on its site.
In a move that may have looked like a late April Fools joke, users checking Twitter this week found the familiar bird logo was replaced with an internet-famous dog.
Sam Bankman-Fried now faces 13 federal charges, including allegations he offered millions in bribes to a Chinese official.
The Securities and Exchange Commission announced charges against crypto entrepreneur Justin Sun and celebrity backers of his crypto asset companies Tronix and BitTorrent.
People duped by the complex scheme say they were lured by misleading advertising and, in many cases, trusted acquaintances who'd been fooled themselves.
Former Celtics player agreed to $1.4 million in penalties after pushing a crypto token he was paid to promote.
Criminals with ties to North Korea helped create "the biggest year ever for crypto hacking" in 2022, according to Chainalysis.
They also seized 55.27 million shares of Robinhood stock currently valued at about $526 million.
The new chairman of the House Financial Services Committee said on "The Takeout" this week that Bankman-Fried has "proven himself to be untrustworthy by his actions," and "no word he utters should be believed."
Crypto trading exchange is eliminating 20% of its workforce, its second round of layoffs in recent months.
FTX founder duped customers by using their crypto to pay debts at hedge fund Alameda Research, prosecutors say.
Prosecutors will have to prove the cryptocurrency company founder intentionally duped customers, legal analysts said.
Users of the cryptocurrency exchange accuse it of stealing their assets and stopping them from making withdrawals.
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.
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.
Bankman-Fried is facing eight charges for financial crimes, including campaign finance violations.
Once hailed as a genius, the 30-year-old MIT grad now faces multiple charges of fraud following the collapse of his crypto firm.
Prosecutors allege the FTX founder defrauded customers by using their crypto to pay debts incurred by his hedge fund.
Securities regulators claim Sam Bankman-Fried built a "house of cards" while telling investors their money was safe.
The settlement covers U.S. residents who owned an iPhone 7 or 7 Plus between September 16, 2016, and January 3, 2023, and reported a covered issue to Apple or paid the company for repairs.
Ransomware attack targeted a Nissan virtual private network, the automaker's U.S. subsidiary 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 Innovation & Disruption Leaders documentary series transforms corporate buzzwords like 'tech' and 'AI' into accessible concepts. Through the power of visual storytelling, we delve into the minds of industry leaders, executives and entrepreneurs alike. Who will decide the destiny of tomorrow's business landscape? By putting business in front of the camera, these incredible films get us one step closer to the answer.
The 12-second execution of the alleged theft took months to plan, federal prosecutors said.
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
A group of TikTok creators is suing to stop a new law that could ban the social media app in the U.S. The legal challenge follows another lawsuit filed by TikTok and its China-based owner.
Google's highly-anticipated, annual developer conference began Tuesday. The event focused mainly on the company's artificial intelligence advancements. Lisa Eadicicco, senior mobile editor for CNET, joins CBS News with highlights.
The business collaboration tool will be phased out over the next year as Meta focuses on AI and the metaverse.
The Houston Mayor's Office confirmed to CBS News that there were at least four weather-related deaths from the storms.
Migrant adults released by federal border officials after crossing into the U.S. unlawfully will be eligible to be placed in the program.
For weeks, some students and faculty have challenged leaders of the historically Black college to rescind Mr. Biden's invitation over his administration's response to the Israel-Hamas war.
Michael Cohen, the key witness in the case against former President Donald Trump, faced questions from defense attorneys taking aim at his credibility.
The settlement covers U.S. residents who owned an iPhone 7 or 7 Plus between September 16, 2016, and January 3, 2023, and reported a covered issue to Apple or paid the company for repairs.
The settlement covers U.S. residents who owned an iPhone 7 or 7 Plus between September 16, 2016, and January 3, 2023, and reported a covered issue to Apple or paid the company for repairs.
The manufacturer has received multiple reports of fires and injuries since the ranges were originally recalled more than a decade ago.
Prosecutors said some of the affected companies were Fortune 500 corporations, including a major TV network, a defense company, and a car maker.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Private-label food supplier recalls 32-ounce pouches of Great Value Organic Black Chia Seeds because of potential contamination.
Migrant adults released by federal border officials after crossing into the U.S. unlawfully will be eligible to be placed in the program.
For weeks, some students and faculty have challenged leaders of the historically Black college to rescind Mr. Biden's invitation over his administration's response to the Israel-Hamas war.
Michael Cohen, the key witness in the case against former President Donald Trump, faced questions from defense attorneys taking aim at his credibility.
President Biden marked the 70th anniversary of the Supreme Court decision.
The governors of Pennsylvania, Oklahoma and Virginia wrote a letter Tuesday asking the territory to show mercy to the Americans arrested on the island.
Private-label food supplier recalls 32-ounce pouches of Great Value Organic Black Chia Seeds because of potential contamination.
A new study finds hospitals with a higher share of women surgeons and and anesthetists shave better patient outcomes.
Experts call for better drug testing procedures as more states legalize marijuana and societal norms change.
Opioid overdose deaths decreased, but there was an increase in overdose deaths from psychostimulants like meth and cocaine.
Nurse practitioners have been viewed as a key to addressing the shortage of primary care physicians. But data suggests that, just like doctors, they are increasingly drawn to better-paying specialties.
North Korea fired suspected short-range ballistic missiles off its east coast, South Korea's military said, a day after South Korea and the U.S. flew powerful fighter jets in a joint drill.
Trucks carrying badly needed aid for the Gaza Strip have started rolling across a newly-built U.S. floating pier into the besieged enclave for the first time.
The governors of Pennsylvania, Oklahoma and Virginia wrote a letter Tuesday asking the territory to show mercy to the Americans arrested on the island.
As the Israeli defense chief says his troops shouldn't take over Gaza after the war, mistaken tank fire kills 5 of the IDF's own.
Spanish police said they dismantled a major methamphetamine distribution network of the Mexican Sinaloa cartel after seizing 1.8 tons of the drug.
Celebrated makeup artist Daniel Martin is known for his work with Hollywood stars like Michelle Yeoh, Nina Dobrev, Jessica Alba and Meghan Markle.
Preview: The Emmy Award-winning news program's annual "By Design" edition on May 19 features Courteney Cox, a $3 million sports car, a bold new plan by tech billionaires, Martha Stewart and more.
Angie Harmon said she heard a gunshot and rushed outside, where she found her dog had been shot, and saw the delivery person putting a gun into the front of his pants, according to the lawsuit.
Whoopi Goldberg described the book as a way to dispel speculations about her upbringing and to share her story on her own terms.
Brittney and Cherelle Griner shared videos from their baby shower exclusively with "CBS Mornings."
The settlement covers U.S. residents who owned an iPhone 7 or 7 Plus between September 16, 2016, and January 3, 2023, and reported a covered issue to Apple or paid the company for repairs.
Ransomware attack targeted a Nissan virtual private network, the automaker's U.S. subsidiary 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 Innovation & Disruption Leaders documentary series transforms corporate buzzwords like 'tech' and 'AI' into accessible concepts. Through the power of visual storytelling, we delve into the minds of industry leaders, executives and entrepreneurs alike. Who will decide the destiny of tomorrow's business landscape? By putting business in front of the camera, these incredible films get us one step closer to the answer.
The 12-second execution of the alleged theft took months to plan, federal prosecutors said.
A new study suggests that the first warm-blooded dinosaurs may have roamed Earth about 180 million years ago.
Extreme heat is known as a "silent killer," and in some areas across Asia, its intensity would have been impossible without one critical factor, a new study found.
Millions of Americans looked to the night sky and snapped magical photos and videos of the northern lights this past weekend during the momentous geomagnetic storm.
Scientists who study such things have found that cicadas urinate in a jet stream because they consume an incredible volume of fluid during their brief time above ground.
Solar storms can dazzle, bringing displays of the northern lights to large parts of the globe. But geomagnetic storms can also affect electronic systems.
Every year, police departments across the U.S. trade in their used firearms when it's time for an upgrade. But a CBS News investigation found thousands of those former police weapons wind up in the hands of criminals. National investigative correspondent Stephen Stock reports.
A joint investigation conducted by CBS News and the nonprofit newsrooms The Trace and Reveal from the Center for Investigative Reporting found that more than 140 law enforcement agencies nationwide sell or trade-in their used weapons when they update their arsenals. Thousands of those former cop guns are later tied to a crime. Stephen Stock reports.
Texas Gov. Greg Abbott issued his pardon after the unanimous recommendation by the state's Board of Pardons and Paroles.
The governors of Pennsylvania, Oklahoma and Virginia wrote a letter Tuesday asking the territory to show mercy to the Americans arrested on the island.
Prosecutors said some of the affected companies were Fortune 500 corporations, including a major TV network, a defense company, and a car maker.
The large explosion of energy and light from the sun comes just days after Earth was slammed with the biggest geomagnetic storm in more than 20 years.
WASP-193b is 50% larger than Jupiter — the largest planet in our solar system — but seven times less massive because of it's extraordinarily low density.
Millions of Americans looked to the night sky and snapped magical photos and videos of the northern lights this past weekend during the momentous geomagnetic storm.
The oxygen valve that derailed a launch try last week has been replaced, but engineers want more time to verify an unrelated helium leak has been fixed.
The forecasted conditions come after a weekend of jaw-dropping northern lights seen as far south as Florida and as "magnetically complex" sunspots bigger than Earth continue to emit solar flares.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
Every year, police departments across the U.S. trade in their used firearms when it's time for an upgrade. But a CBS News investigation found thousands of those former police weapons wind up in the hands of criminals. National investigative correspondent Stephen Stock reports.
The Supreme Court rejected an effort Thursday to undermine the power of the Consumer Financial Protection Bureau. The agency was created after the 2008 financial crisis to protect consumers from unfair practices. CBS News legal contributor Jessica Levinson joins to unpack the case.
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins to discuss what the record mark suggests about the economy.
After years of coaching patients on how to navigate cancer treatment, nurse Leah Wilson of Charlotte, North Carolina, was suddenly facing her own battle after being diagnosed with non-Hodgkin's lymphoma at age 35. But she kept working, supporting her fellow cancer patients on their journeys while navigating her own.
Michael Cohen, the ex-attorney of former President Donald Trump, was back on the stand for cross-examination Thursday with Trump's defense team sharply questioning his credibility. CBS News campaign reporter and attorney Katrina Kaufman has the details.