Eric Tung’s Nomination to Ninth Circuit Could Influence Future Binance.US Appeals and Crypto Regulation

Key Points

1. Eric Tung’s nomination to the Ninth Circuit places a lawyer with experience in crypto-related litigation in a key judicial position.

2. Tung’s background includes involvement in cases affecting major crypto exchanges like BitMEX, which may shape his approach to crypto regulation.

3. Watchdog group Accountable.US has raised concerns about potential deregulatory impacts of Tung’s nomination on government oversight of crypto.

4. The Ninth Circuit’s role in handling technology and blockchain-related cases makes Tung’s confirmation pivotal for future crypto jurisprudence.

5. Tung’s nomination is under review by the Senate Judiciary Committee, with implications for the broader legislative context of crypto law.