SEC head of crypto asset enforcement David Hirsch exits agency

3 months ago

SEC crypto plus enforcement main David Hirsch announced his departure from the bureau connected June 17.

Hirsch said helium served astatine the bureau for astir 9 years earlier his exit. He said helium was “proud of the historical enactment done by the Crypto Assets and Cyber Unit squad [he] had the privilege to lead.”

Hirsch led the SEC’s Crypto Asset and Cyber Unit successful the Division of Enforcement starting successful October 2022, during which the bureau undertook astatine slightest 45 crypto cases.

Hirsch besides served arsenic an enforcement lawyer astatine the SEC’s Fort Worth Regional Office betwixt 2015 and the present. Between September 2020 and October 2022, helium acted arsenic counsel to SEC Commissioner Caroline Crenshaw, who is noted for her captious stance connected crypto.

Hirsch said helium would stock much astir his aboriginal plans soon aft taking a idiosyncratic break.

Not moving to Pump.fun

In a mendacious statement, memecoin launchpad Pump.fun claimed that Hirsch had joined the task aft conversing with a squad subordinate for months.

Pump.fun besides claimed that Hirsch had “launched implicit 100 coins.”

Hirsch denied the project’s statement, stating:

“This assertion by pumpdotfun is false.”

Fox Business newsman Eleanor Terrett called the “level of fake news… cringe-worthy,” noting that SEC unit cannot clasp crypto portion serving astatine the agency.

The station SEC caput of crypto plus enforcement David Hirsch exits agency appeared archetypal connected CryptoSlate.

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