Eric Tung, a corporate lawyer with a track record representing crypto companies, has prepared to join one of the most influential federal courts in the United States.
On Tuesday, US president Donald Trump sent Tung’s nomination in the Senate to become a US circuit judge for the Ninth Circuit, covering Arizona, Idaho, Montana, Oregon, Washington, Nevada, California Alaska and Hawaii.
Tung, a partner at law firm Jones Day since 2019, has clients with digital currency companies.
Courts Show That Tung represents the Advocacy Group Blockchain Association while on Jones Day in a case filed by six tornado cash users against the US Treasury Department. He too represented An investor who submitted a lawsuit against HDR Global Trading Limited, the parent Bitmex exchange company.
If he were to be confirmed as a federal judge, he would likely cover appeals in cases involving Silicon Valley-based businesses that filed the scope, which would include many cryptocurrency companies.
The flags of the Watchdog Deregulatory Push
Tung’s appointment draws criticism, along with the guardian’s organization.
The president has radically changed his leadership of financial agencies overseeing digital assets such as the US Securities and Exchange Commission, and he considers the Senate to rule the Commodity Futures Trading Commission.
“Tung built his career representing crypto companies seeking to prevent government regulation,” Says The guard, in a notice on Thursday.
“He served as advice for a stablecoin provider in a brief dispute with a single sales of stablecoins were not security. He represented the Blockchain organization in a brief opposition regulation of unchanged intelligent contracts. While representing an investment company that supported crypto companies, he argued for a deeper responsibility in a crypto.”
Cointelegraph handed Tung to comment but did not receive a response at the time of publication.
Related: Court has terminated the Center-US Treasury appeal to Tornado Cash
Significant cases of crypto go through the ninth circuit
Any federal judge administering appeals may have a huge influence on how civil and criminal cases will be handled in the future. Many technology companies, including those involved in crypto and blockchain, will file a ninth circuit if applicable.
In 2024, a panel of three judges in the circuit slightly Reverse a class lawsuit which is said that Binance.us manipulated the price of hex (hex). The Nvidia, the semiconductor company based in California, went to the ninth circuit In a 2018 case some of its shareholders brought to unspecified sales to crypto miners.
https://www.youtube.com/watch?v=sumyysrjvzm
Like Tuesday, Tung’s nomination was received by the Senate and referred to at the Committee on the Judiciary. It is unclear when the Chamber will consider a vote on a potential federal judge, such as both of the House of Representative and Senate Focused on the passage of three bills Related to digital assets.
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