Trump’s court pick would bring crypto baggage to the bench

Key Points

1. Eric Tung, a corporate lawyer at Jones Day, has represented clients like the Blockchain Association and HDR Global Trading Limited (BitMEX parent company) in crypto-related cases.

2. Tung's nomination to the Ninth Circuit Court could impact cases involving crypto and blockchain businesses, as the circuit covers key tech hubs like Silicon Valley.

3. Watchdog group Accountable.US criticized the nomination, suggesting Tung might support deregulating digital assets, which could conflict with agencies like the SEC.

4. The Ninth Circuit has handled notable crypto cases, including a partially reversed class-action lawsuit against Binance.US and a shareholder case involving Nvidia's undisclosed sales to crypto miners.

5. Tung's nomination was received by the Senate and referred for further consideration as of the report's publication.