David Hirsch, head of the cyber and crypto assets unit of the U.S. Securities and Exchange Commission’s law enforcement division, has resigned, according to a recent report. mail on the LinkedIn platform.
David Hirsch, head of the cyber and crypto assets unit of the U.S. Securities and Exchange Commission’s law enforcement division, has resigned, according to a recent report. mail on the LinkedIn platform.
Hirsch parted ways with the regulatory agency after nine years of dealing with “complex” and “challenging” investigations.
In his statement, he used a sports metaphor to highlight the importance of collaboration within the SEC. “As I often say, applying values is a team sport, and that was certainly true during my tenure. Every success I was a part of was a direct result of collaboration and combined efforts toward a common goal,” she wrote .
Tomiwabold OlajideNotably, Hirsch didn’t share at least some details about his upcoming job, but says he’s “very excited” about his upcoming challenges. The SEC official added that he will be busy traveling with his family in the near future.
Tomiwabold OlajidePrior to joining the SEC, Hirsch worked as a private investigator for Worms & Hirsch and as a litigator for McDermott Will & Emery.
The Pump.Fun rumor
Shortly after Hirsch’s departure, Pump.Fun, the Solana-based meme coin factory Announced that the SEC official would be appointed as its new chief operating officer in a post on X. Some social media users took that post seriously despite its humorous intent. “David, a memelord at heart, will be in charge of pump dot fun’s new internal trading desk, which will be responsible for releasing more than 1000 coins per day. He will also collaborate with various ecosystem players such as @blknoiz06 to incorporate high-status people,” Pump.Fun stated.
The announcement was, of course, a joke, and Hirsch himself has clarified which had nothing to do with the hot meme coin platform.
