ChainCatcher News, Jorge Tenreiro, who previously served as acting head of the cryptocurrency and cybersecurity oversight division at the U.S. Securities and Exchange Commission (SEC), has been appointed as chief litigation counsel, expanding his responsibilities. Tenreiro played a significant role in several landmark cases, including the lawsuit against Ripple Labs.

This promotion comes as the Trump administration is set to take office, indicating that the SEC will continue to rigorously enforce cryptocurrency regulation. The establishment of Tenreiro's new position is expected to drive cryptocurrency innovation while continuing to focus on areas such as ICOs, token sales, and market manipulation, further influencing legal standards in the cryptocurrency space.