The U.S. Securities and Exchange Commission (SEC) has reassigned Jorge Tenreiro, its top litigator who led major lawsuits against cryptocurrency giants such as Ripple and Coinbase, to a position in its IT department. This move, reported by the Wall Street Journal, indicates a potential shift in the SEC's approach to its ongoing conflicts with the crypto market. Tenreiro, previously the head of litigation and key in shaping the SEC's authority over the crypto industry, has been transferred to an office that maintains the agency's computer systems, suggesting an effort by the SEC to de-escalate its legal battles with the crypto sector.