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SEC's Crypto Enforcer Reassigned to IT Division Amidst Policy Shift

Coin WorldWednesday, Feb 5, 2025 7:41 pm ET
1min read

The U.S. Securities and Exchange Commission (SEC) has reassigned Jorge Tenreiro, a cryptocurrency litigation attorney involved in high-profile cases against Ripple and Coinbase, to its Information Technology (IT) division. Tenreiro, who has worked at the SEC for over 11 years, previously served as the head of the agency's cryptocurrency enforcement division from October 2022 to November 2024.

Since President Donald Trump took office in 2025, the SEC has adopted a less adversarial stance towards the crypto industry, leading to a reduction in the size of its cryptocurrency enforcement division. This shift in policy may be a contributing factor to Tenreiro's reassignment to the IT department.

The SEC's decision to reassign Tenreiro comes amidst a broader shift in the agency's approach to cryptocurrency regulation. In February 2025, the SEC announced the top ten priorities of its crypto working group and officially launched its website. This move signals the agency's commitment to providing clear guidance and oversight to the crypto industry.

The reassignment of Tenreiro to the IT department may indicate that the SEC is focusing more on technological aspects of cryptocurrency regulation, such as data security and compliance. As the crypto industry continues to evolve, the SEC's ability to adapt and address emerging challenges will be crucial in maintaining a balanced and effective regulatory environment.

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joe4942
02/06
$COIN If you follow me, you can dodge losses and make a profit. Sell now and grab the dip around 150$, straightforward?
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tempestlight
02/06
@joe4942 How long you been holding $COIN? Thinking of going long, but want to know if there's an endgame in mind.
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acg7
02/06
@joe4942 Sold $COIN too early, man. Regret not holding. Missed that dip. Now just watching from the sidelines, hoping to get back in.
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serenitybybowie
02/06
SEC's moves make me rethink my crypto game. Maybe time to pivot and focus on stablecoins? 🤔
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Comfortable_Corner80
02/06
IT focus might help SEC keep up with crypto speed. But don't they need tech folks, not lit attorneys? 🤷‍♂️
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AP9384629344432
02/06
Tenreiro's new gig could mean more tech-savvy regs. Data security's the name of the game now. Big if true.
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thelastsubject123
02/06
Holding $COIN and $BTC. If SEC eases up, could see more mainstream adoption. Gotta stay adaptable.
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alecjperkins213
02/06
Less adversarial? Sounds like SEC's playing nice. But watch for the fine print. Crypto's still wild west.
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