The SEC transferred Jorge Tenreiro, the lead lawyer in cases against cryptocurrency exchanges, to the IT department after changes in leadership and the political situation in the U.S. 💻

The SEC has transferred Jorge Tenreiro, a well-known lawyer who handled lawsuits against cryptocurrency exchanges, to the IT department. This occurred after changes in the political situation in the U.S., when Donald Trump returned to power. Tenreiro was responsible for strengthening the SEC’s stance against cryptocurrencies, claiming that many tokens function as unregistered securities. Now, with new leaders, it is expected that the current lawsuits with crypto companies may either be concluded or dismissed.