Odaily Planet Daily News - The acting head of the U.S. SEC's cryptocurrency and cybersecurity oversight department, Jorge Tenreiro, has been appointed as the agency's chief litigation counsel, expanding his responsibilities. However, based on Tenreiro's experience at the SEC, he will continue to rigorously enforce regulations. Even if the political environment changes, investor protection and market integrity will remain priorities. Under his leadership, the SEC has initiated several high-profile cases against cryptocurrency companies. For example, Tenreiro played a key role in the SEC's lawsuit against Ripple Labs and its executives Brad Garlinghouse and Chris Larsen. As the chief attorney, he dealt with allegations that XRP is an unregistered security. Tenreiro's new position indicates that while he encourages cryptocurrency innovation, he will still strictly enforce securities laws, with a continued focus on ICOs, token offerings, and combating market manipulation in the cryptocurrency space. (Cryptonews)
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U.S. SEC Promotes Acting Head of Cryptocurrency and Cybersecurity Oversight Department to Chief Litigation Counsel
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