XRP Advocate slams former SEC lawyer Tenreiro for omitting ripple case loss in bio

XRP advocate Bill Morgan criticized the selective presentation of former SEC chief attorney Jorge Terreiro’s litigation record after joining Bernstein Litwitz Berger & Grossmann LLP as a partner. Morgan noted that Tenreiro’s new corporate profile highlights the success of crypto enforcement, but omits his partial defeat in the SEC vs. Ripple incident.

Morgan noted the irony that Tenreiro’s Bio mentions the court’s victory over Sambankmanfried, Terraform Lab and Binanance, but did not allow him to lose two-thirds of the Ripple case or file an appeal that the SEC agreed to later dismiss. XRP advocates suggested that the omission reveals Tenreiro’s perception that “Ripple was successful in what is important.”

Legal Strategies and Court Actions

Morgan specifically criticised Tenreiro’s basic legal approach in the Ripple case, describing the theory that “XRP has either impossible or embodied security” as “unsustainable.” This strategy has backed by forcing the courts to contradict the SEC’s broader enforcement goals, rather than security.

XRP supporters also mentioned Attorney General John Deaton during the court case what he called Tenreiro’s “an attempt to ignore the character.” The criticism suggests that Morgan looks at the former prosecutor’s tactics across professional boundaries in pursuit of litigation advantages.

Career movements highlight the revolving door of regulations

The transition from SEC prosecutor to private practice partners illustrate the common career paths of regulatory lawyers developing expertise in the field of expertise. Tenreiro’s leading experience in leading major crypto cases is positioned to direct premium rates representing clients facing similar regulatory challenges.

Morgan’s ironic Wellwish for “double sack” in his new role illustrates the hostile relationship that developed during the Ripple lawsuit. Criticism suggests that XRP supporters view Tenreiro’s career progress as unfair given the outcome of his mixed lawsuit.

Morgan’s criticism emphasizes that such omissions appear dishonest to the other side who witnessed the full litigation record, but selective presentation of outcomes in professional BIOS is a common practice. The previous prosecutor’s decision to highlight other victories and avoid mention of the complex outcome of the Ripple case could protect marketability for potential clients.

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