News View Non-AMP

Crypto News: SEC Judge Who Signed Off on Ripple Case Appeal Moves to IT Department

Published by
Anjali Belgaumkar

The U.S. Securities and Exchange Commission (SEC) has made a significant shift in its personnel, moving its Chief Litigation Lawyer, Jorge Tenreiro, to a position in the IT department. This department handles the agency’s computer systems. The decision, reported by The Wall Street Journal on February 5, comes after Tenreiro was heavily involved in leading six high-profile lawsuits, particularly in the cryptocurrency space, against major firms such as Ripple, Coinbase, and Tron. Tenreiro was one of the SEC executives who approved the appeal against Ripple. The notice of appeal, filed on October 2, 2024, challenged the court’s ruling by Judge Torres.

Background on Tenreiro’s SEC Role

Tenreiro, who was promoted to head the SEC’s litigation efforts late last year, had previously been with the SEC’s crypto assets and cyber unit. He joined the unit in October 2022 as deputy chief and became acting chief in June 2023. Under the leadership of former SEC Chair gary gensler Tenreiro played a pivotal role in overseeing enforcement actions targeting prominent cryptocurrency firms.

The reassignment to the IT department has raised eyebrows in the crypto community, especially since Tenreiro’s actions and statements regarding the crypto sector have been met with increasing criticism. He was involved in aggressive enforcement against crypto-related companies, making him a central figure in the ongoing regulatory battle between the SEC and the industry.

A Shift in SEC’s Crypto Enforcement Strategy?

This change in Tenreiro’s position comes amidst growing speculation that the SEC may be reassessing its approach to crypto regulation. Many in the industry have voiced concerns over the SEC’s aggressive stance, which some critics have labeled as overreach. Ripple’s General Counsel, Stuart Alderoty, responded to the news humorously on Twitter and wrote, “Sources say Jorge Tenreiro has been reassigned to Macrodata Refinement.”

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Ripple Price Prediction As XRP EVM Ledger Goes Live

Ripple’s XRP is making headlines this week with a big development; the much-anticipated EVM sidechain…

July 1, 2025

Circle Files for National Trust Bank License in the U.S.

Circle Internet Group Inc. (NYSE: CRCL), a top-tier stablecoin issuer, has applied for a national…

July 1, 2025

Solana Did 100x After Binance Listing—KNCH Just Hit BitMart, LBank & XT (Better Tech, Lower Entry)

Kaanch (KNCH) is anticipated to create a great impression in the market through its future…

June 30, 2025

Arbitrum Price Analysis: Can Robinhood’s Involvement Boost Bullish Sentiment for $ARB Price Soon?

Arbitrum (ARB) price was the best performing top-100 altcoins by market cap in the past…

June 30, 2025

John Deaton Says Wall Street Greed Could Push XRP, ETH & SOL Into Treasuries

Years ago, when John E Deaton, a well-known crypto advocate and legal voice in the…

June 30, 2025

Ethereum Price Eyes $5K as Short Squeeze Looms: Analysts Predict Major Breakout

As the Ethereum price approaches Q3, it has shown a notable 3% increase, surpassing the…

June 30, 2025