According to Deep Tide TechFlow, on December 3, as reported by Cointelegraph, former head of the SEC's cryptocurrency division Jorge Tenreiro is now the head of the agency's litigation department, overseeing lawsuits and legal investigations nationwide. According to a now-closed job posting, this position has an annual salary of up to $305,000.
Former Assistant Director of the Cryptocurrency Division Mark Sylvester and outgoing Commissioner Jaime Lizárraga's former legal advisor Laura D'Allaird both updated their LinkedIn profiles on December 2, listing themselves as the new co-directors of the Crypto Assets and Cyber Division.
Tenreiro joined the Crypto Assets and Cyber Division in October 2022 as Deputy Director. His responsibilities in the cryptocurrency division included leading the Securities and Exchange Commission's lawsuits against several major companies in the industry, including actions against exchanges Kraken and Coinbase, blockchain company Tron and founder Justin Sun, as well as a years-long legal battle against Ripple Labs.

#SEC