SEC crypto asset enforcement chief David Hirsch announced his departure from the agency on June 17.
Hirsch said he served with the agency for nearly nine years before his departure. He said he was “proud of the historic work done by the Crypto Assets and Cyber Unit team [he] had the privilege of leading.”
Hirsch led the SEC’s Crypto Asset and Cyber Unit in the Division of Enforcement as of October 2022, during which the agency pursued at least 45 crypto cases.
Hirsch also served as an enforcement attorney at the SEC’s Fort Worth Regional Office from 2015 to the present. Between September 2020 and October 2022, he acted as counsel to SEC Commissioner Caroline Crenshaw, who is known for her critical stance on crypto.
Hirsch said he would share more about his future plans shortly after a personal break.
Do not move to Pump.fun
In a false statement, memecoin launch platform Pump.fun claimed that Hirsch joined the project after months of talking to a team member.
Pump.fun also claimed that Hirsch had “launched over 100 coins.”
Hirsch denied the project’s statement, stating:
“This claim by pumpdotfun is incorrect.”
Fox Business reporter Eleanor Terrett called the ‘level of fake news… cringe-inducing’ notice that SEC staff cannot hold crypto coins while serving at the agency.
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