Former SEC Cryptocurrency Division Head Tenreiro Now Head of the Agency's Litigation Department

According to a Deep Tide TechFlow report on December 3, former head of the SEC's Cryptocurrency Division Jorge Tenreiro is now the head of the agency's litigation department, responsible for litigation and legal investigations nationwide. According to a now-closed job posting, the annual salary for this position can reach 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 updated their LinkedIn profiles on December 2, listing themselves as the new co-directors of the Office of Crypto Assets and Networks.
Tenreiro joined the Office of Crypto Assets and Networks in October 2022 as Deputy Director. His responsibilities in the Cryptocurrency Division included leading the SEC'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 years-long legal battles against Ripple Labs.