SEC’s Ripple Counsel Jorge Tenreiro Joins BLB&G
Former SEC lead trial counsel Jorge Tenreiro has joined Bernstein Litowitz Berger & Grossmann (BLB&G) as a partner. Jorge Tenreiro led the SEC’s national civil litigation program with over 120 attorneys. He drove key cryptocurrency enforcement actions, securing victories in SEC v. Terraform and SEC v. Telegram, Telegram Group Inc. However, his profile omission of the SEC v. Ripple Labs case, where XRP sales on secondary markets were ruled non-securities, attracted criticism. Digital asset enthusiast Bill Morgan highlighted that Tenreiro’s legal theory on XRP was unsustainable and noted the SEC later dropped its appeal. Tenreiro’s move to BLB&G comes amid heightened scrutiny of the SEC’s crypto litigation strategy.
Neutral
This personnel move is a legal career update and does not directly affect trading dynamics or XRP pricing. Past partner appointments at major law firms have had minimal market impact. While it highlights the SEC’s evolving crypto enforcement focus, traders typically view such announcements as neutral. Short-term volatility is unlikely, and long-term XRP outlook remains driven by regulatory rulings and adoption metrics, not individual career shifts.