As a seasoned crypto investor with a keen interest in regulatory developments, I’m always on the lookout for news that could potentially impact the market. The recent rumors surrounding David Hirsch, the former SEC official, joining Pump.fun as their trading head, piqued my curiosity.
David Hirsch, who previously led the crypto assets and cyber enforcement unit in the SEC’s Enforcement Division, has dispelled rumors that he will be joining Pump.fun. Contrary to earlier speculation implying his upcoming role as Pump.fun’s head of trading, Hirsch has unequivocally denied these reports.
Former SEC official rejects Pump.fun trading role rumors
As a crypto investor following the latest news, I’ve been intrigued by the buzz surrounding the departure of Hirsch from the SEC after almost a decade. The rumor mill started churning when Binance News broke the story about Hirsch joining Pump.fun as their trading director. This news sparked wild speculation and excitement within our community. However, I was quick to fact-check and found that Hirsch himself denied these claims in a clear statement: “This is false. I have not announced my next role yet.” It’s important for us to stay informed and double-check any rumors before acting on them in the volatile world of crypto investing.
In an unexpected decision, Pump.fun acknowledged the news and disclosed that David Hirsch had come on board as their head of trading. The company expressed that Hirsch felt his previous role was no longer satisfying and it was time for him to begin a fresh journey. Moreover, Pump.fun revealed that Hirsch, being a meme enthusiast at heart, would manage their new internal trading desk, set to list over a thousand coins every day.
Crypto community divided over Hirsch job rumors
As an analyst, I’ve observed a diverse response within the crypto community regarding recent news. Some users raised doubts about the authenticity of the reports, while others took a lighter approach and joked about it. One user playfully suggested that Pump.fun should have targeted Gary Gensler for potential collaboration instead, alluding to his role as the current SEC chair. Notably, 17 new David Hirsch tokens emerged on the Pump platform following the news.fun announcement.
Should have gone for @GaryGensler instead
But one step at a time, David would do
— Mayor Of Dubai (@mayor_of_dubai_) June 17, 2024
In his departure announcement from the SEC, Hirsch expressed enthusiasm for the upcoming challenges and shared that he would be revealing more information about his plans soon. He also mentioned his intention to go on a family trip before his son starts college in the fall. Regarding his future career move, Hirsch has kept silent, generating great curiosity within the crypto community about what lies ahead for him.
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2024-06-18 12:10