Prominent lawyer and digital asset enthusiast Bill Morgan shared remarks on social media regarding Jorge Tenreiro, the former lead trial counsel for the U.S. Securities and Exchange Commission (SEC) in the high-profile case against Ripple Labs. Morgan noted that Tenreiro has taken on a new role as a partner at Bernstein Litowitz Berger & Grossmann LLP, a major litigation firm. The firm’s published profile highlights Tenreiro’s leadership at the SEC, where he spearheaded a national civil litigation program involving over 120 attorneys and played a leading role in cases against figures and companies such as Sam Bankman-Fried, Terraform Labs, and Binance. Tenreiro’s tenure was marked by courtroom successes, including favorable verdicts and rulings in securities fraud matters and crypto-related litigations such as SEC v. Terraform and SEC v. Telegram Group, Inc. Lead counsel for the SEC in the Ripple case, Jorge Tenreiro, is now a partner at a major law firm. His profile refers to some of his courtroom successes in crypto enforcement litigation but oddly overlooks and does not mention his two-thirds loss in SEC v Ripple and the Appeal… pic.twitter.com/uKDQiMO4MB — bill morgan (@Belisarius2020) August 24, 2025 Reference to the Ripple Case Morgan observed that while the profile emphasizes Tenreiro’s courtroom achievements in cryptocurrency enforcement actions, it omits any mention of his involvement in SEC v. Ripple Labs. He pointed out that the SEC’s case against Ripple ended in what he described as a “two-thirds loss,” referencing the ruling in which the court found that XRP sales on secondary markets did not constitute securities transactions. Morgan further noted that although the SEC initially filed an appeal , it later agreed to dismiss it, suggesting that Ripple had achieved success on the most significant issues in the litigation. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Criticism of Legal Approach In his comments, Morgan characterized Tenreiro’s legal strategy in the Ripple case as unsustainable, specifically critiquing the theory that XRP itself represented or embodied a security. According to Morgan, this approach ultimately required the court to determine whether XRP as a token could be considered a security, which resulted in a ruling favorable to Ripple. He added that this aspect of the case would be remembered as a defining feature of Tenreiro’s role. Personal Remarks Morgan also recalled what he described as an attempt by Tenreiro to attack the reputation of attorney John Deaton, who represented XRP holders as amici curiae in the case. He referred to that courtroom moment as ignoble and included it in his assessment of Tenreiro’s litigation style during the proceedings. Although Morgan was highly critical, he ended his statement by wishing Tenreiro well in his new position. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Lead Counsel for the SEC in the Ripple (XRP) Case Gets New Job appeared first on Times Tabloid .
