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Three-month Aluminum Prices On The London Metal Exchange (LME) Continued Their Decline, Falling As Much As 5.7%, With The Latest Quote At $3,470 Per Tonne
U.S. Short-term Interest Rate Futures Rose As The Market Anticipated An Increased Likelihood Of A Federal Reserve Rate Cut In 2026
Bank Of England Chief Economist Peel: We Need To Continue Implementing Quantitative Tightening; The Bank Of England Should Not Hold Government Bonds For Monetary Policy Purposes
US President Trump: Iran Has Just Announced That The "Iran Strait" Is Fully Open And Ready For Full Passage
European Central Bank President Christine Lagarde: Europe Needs A Strong Economy And Sound Public Finances
Money Markets Have Lowered Their Estimate Of The Probability Of A European Central Bank Rate Hike In April From 15% Earlier In The Day To Around 8%
Market Pricing Suggests The European Central Bank Will Set Its Deposit Rate At 2.43% In December, Down From A Previous Forecast Of 2.5%, As Iran Says The Strait Of Hormuz Will Be Fully Open For The Remainder Of The Ceasefire
European Central Bank President Christine Lagarde: Inflation Trends Depend On The Duration And Intensity Of The War
European Central Bank President Christine Lagarde: Inflation Could Be Higher Than The Benchmark, Especially If Inflation Expectations And Wage Growth Respond Better Than Expected
European Central Bank President Christine Lagarde: Since The Outbreak Of The Middle East War, Uncertainty About The Inflation Outlook In The Eurozone Has Increased Significantly
European Central Bank President Christine Lagarde: Risks To The Inflation Outlook Are Tilted To The Upside
LME Tin Rose More Than 2.00% Intraday, Currently Trading At $50,845.00 Per Ton. SHFE Tin Futures Also Rose 2.00% Intraday, Currently Trading At 397,900.00 Yuan Per Ton

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A 12-person jury, including a member who celebrated her 90th birthday, deliberated this week in the complex case of Roman Storm, co-founder of Tornado Cash. They convicted Storm on one count of running an unlicensed money transmitting business, while remaining unable to reach a decision on other charges.
According to court documents released on Thursday by Judge Katherine Failla, jurors in the Storm case sent several requests for information before declaring they were deadlocked on two of the charges.
Among the letters to the judge were requests for transcripts of the testimony of several witnesses, clarification on what led to the indictment, and a specific query on the wallets included in North Korean sanctions.
After closing statements in the trial wrapped on July 30, the jurors deliberated for a week before declaring they were deadlocked on the money laundering and sanctions charges. Though each request for information or clarification came with a delay on a decision, there seemed to be no suggestion of a deadlock until Wednesday morning.
“We have made our best effort to continue deliberating and come to a unanimous decision, however there are jurors who are set in stone with their decision even after we’ve put a good faith effort to consider all arguments and we are deadlocked,” the jury foreperson wrote at 10:38 am ET on Wednesday, just a couple hours before the body would announce it had reached a verdict on one of the charges.
Why did the jurors deadlock on money laundering?
According to the jury charge, the 12 individuals had to agree beyond a reasonable doubt that Storm joined in an “agreement or understanding” with others to commit money laundering, and he “knowingly and willfully” participated in its illegal purpose.
“Common sense will tell you that when people in fact undertake or agree to enter into a criminal conspiracy, much is left to the unexpressed understanding,” said the jury charge. “Conspirators do not usually reduce their agreements to writing. They do not typically publicly broadcast their plans.”
The detailed instructions coupled with the requests for information may partially explain some of the difficulties the jurors had in trying to form an opinion about whether Storm’s role with the crypto mixing service amounted to conspiracy to commit money laundering and violate US sanctions.
The names of the jurors were redacted from all court filings, but the judge signaled that one of them celebrated her 90th birthday while deliberating.
Storm’s sentencing hearing for the single felony charge had not been scheduled as of Friday. It was also unclear whether the US government intended to retry the Tornado Cash co-founder on the remaining charges.
Cointelegraph reached out to Storm’s legal team for comment, but had not received a response at the time of publication.
Magazine: How Ethereum treasury companies could spark ‘DeFi Summer 2.0’
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