David Hirsch, the former head of the Cryptocurrency and Network Division at the U.S. Securities and Exchange Commission (SEC), has embarked on a new professional journey as the Trading Director at Pump.fun. This significant career transition follows his departure from the SEC, where he played a pivotal role in overseeing the agency’s Crypto Asset and Cyber Unit in the Division of Enforcement.
David Hirsch’s New Role at Pump.fun
Hirsch, who dedicated nearly nine years to the SEC, announced his departure on LinkedIn. “This past Friday was my last day with the SEC after almost 9 years,” Hirsch stated. “During that time, I had the opportunity to work on more complex, challenging investigations and issues than I ever imagined when I joined the agency as a staff attorney in the Fort Worth Regional Office.”
Hirsch’s Legacy at the SEC
Expressing his pride in his team’s achievements, Hirsch highlighted, “I’m particularly proud of the historic work done by the Crypto Assets and Cyber Unit team I had the privilege to lead.”
We are excited to announce our new Head of Trading, David Hirsch!
After months of conversations with @a1lon9, David came to the realization that his work as a regulator was no longer fulfilling. He had to start a new chapter.
And what's better than doing the very thing you… pic.twitter.com/qJrHjNdHpD
— pump.fun (@pumpdotfun) June 17, 2024
Future Plans and Implications
Although Hirsch did not disclose specific details about his future endeavors immediately, he hinted at taking a break before sharing more information. His move to Pump.fun marks a notable shift from regulatory oversight to a direct role within the cryptocurrency trading landscape.
Prior to his tenure at the SEC, Hirsch served as a legal advisory board member at the NYU Center for Cybersecurity, bringing a wealth of experience and expertise to his new position. The cryptocurrency community will undoubtedly be watching closely to see how Hirsch’s regulatory background influences his strategies at Pump.fun.
