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SEC transfers top crypto litigator Jorge Tenreiro to IT department

SEC transfers top crypto litigator Jorge Tenreiro to IT department
The SEC's top crypto litigator, Jorge Tenreiro, has been reassigned to the agency's IT department, sparking speculation about a shift in the SEC's approach to the crypto industry. Tenreiro was responsible for a number of high-profile legal battles against crypto companies and his reassignment comes amidst political pressure from pro-crypto forces and the change in leadership at the SEC. With Trump's executive order calling for a crypto-friendly regulatory framework and the appointment of a new acting chairman, the SEC is undergoing changes. The SEC has announced a new task force to rethink how it deals with crypto, and there are discussions about a temporary amnesty program for crypto issuers.

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