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Jury Convicts Tornado Cash Co-Founder Roman Storm on Money Transmitting Charge, Deadlocks on Money Laundering and Sanctions

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NEW YORK — A jury has reached a verdict in the case against Roman Storm, co-founder of Tornado Cash, convicting him of operating an unlicensed money transmitting business. The jury deliberated for a week, during which it grappled with complex charges involving money laundering and sanctions violations but was ultimately deadlocked on those counts. Court documents released by Judge Katherine Failla reveal that, as jurors navigated this high-profile case, they made multiple inquiries for additional information. Their requests included transcripts of witness testimonies, clarifications around the indictment specifics, and details on the wallets linked to … Read more

CNA Surpasses Earnings Expectations Amid Mass Tort Charge, Achieves Notable Improvement in Property & Casualty Combined Ratio

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CHICAGO — CNA Financial Corp. reported stronger-than-expected earnings in its latest quarter, despite facing significant charges related to mass tort litigation. The company’s performance was bolstered by an improvement in its property and casualty (P&C) combined ratio, which now stands at 94.1%, reflecting progress in its underwriting operations. The insurer’s quarterly results showcased a notable resilience, allowing it to navigate challenging market conditions. This positive trend in the combined ratio indicates better efficiency in managing insurance claims and expenses, a critical factor for profitability in the insurance sector. CNA’s earnings have become a focal point … Read more

Lawyer’s Felony Robbery Charge Dismissed After Court Considers Mental Health Factors

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Fayetteville, Arkansas – A significant development occurred in the case of a local attorney who faced felony robbery charges. The charges against the lawyer were dismissed following an evaluation that determined he suffers from a mental health condition. Originally arrested in July after an incident that involved allegations of robbery, the attorney’s circumstances prompted further investigation into his mental state. During court proceedings, medical experts presented evidence indicating that the defendant’s mental health issues played a crucial role in the events leading to his arrest. The judge’s ruling came after a thorough review of the … Read more

Indianapolis Man Convicted in Triple Murder Case; Two Sentences Set as Jury Remains Deadlocked on Third Charge

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INDIANAPOLIS — A man has been convicted in connection with a triple homicide that took place last year outside an apartment complex in Lawrence. Malik Shaw faces sentencing after being found guilty of two counts of murder. On Thursday, jurors determined that Shaw, 25, was responsible for the deaths of Aaliyah Wortman and Londyn Coleman, both 19. The verdicts followed nearly 11 hours of deliberation, with the jury announcing their decision early that morning. Sentencing for Shaw is scheduled for August 27. The jury was unable to reach a consensus on a charge related to … Read more