SEC’s Crypto Enforcer Quits. What’s His Next Move?

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As a seasoned crypto investor with a background in law and investigations, I can’t help but be intrigued by the recent news of David Hirsch leaving the SEC after nine years. His experience in dealing with complex and challenging investigations within the securities enforcement division makes me believe that he has a wealth of knowledge and insights into the crypto space.

As a seasoned analysis specialist, I’ve come across the news that David Hirsch, the head of the crypto asset and cyber unit in the enforcement division of the US Securities and Exchange Commission, has announced his departure from the role, as per a recent update on LinkedIn.

After nearly a decade of handling intricate and tough investigations at the regulatory body, Hirsch chose to depart from the organization.

In his statement, he emphasized the significance of teamwork in the SEC through the use of a sports metaphor. “I frequently remind people that securities enforcement is a collaborative endeavor, and this was particularly evident during my time in office. Each accomplishment I was involved in was a result of working together toward a shared objective.”

Significantly, Hirsch was reluctant to disclose specifics regarding his upcoming position, yet expressed great enthusiasm for the new challenges ahead. Additionally, he mentioned having plans for extensive travel with his family in the coming weeks.

Before starting his tenure at the Securities and Exchange Commission (SEC), Hirsch had previously worked as a private investigator in partnership with Worms & Hirsch, and practiced law as a litigator as part of the team at McDermott Will & Emery.

The Pump.Fun rumor  

After Hirsch left, Pump.Fun, the Solana-based meme coin factory, playfully announced on X that he would be taking over as their new head of trading. However, some social media users mistakenly took this lighthearted post at face value.

The announcement was merely a jest, and Hirsch has made it clear that he is not involved with the popular meme coin platform that’s currently trending.

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2024-06-17 21:09