David Hirsch began his career at the SEC as a staff attorney. In 2022, he took the post of head of the department of enforcement of crypto assets and cybersecurity, worked in the department for a total of about nine years.
On June 14, the specialist left the SEC. A few days later, on June 17th, the Pump platform.fun on the social network X joked that Hirsch became the head of the Pump sales department.fun and congratulated him on his new position.
"David has come to the conclusion that his work as a regulator is no longer enjoyable. He had to open a new chapter in his life. And what could be better than doing what you love? Believe it or not, David launched more than 100 coins himself. He is the lord of memes at heart, so now David will be responsible for the new trading department of Pump Dot Fun, which will produce more than 1,000 coins per day!", — She was being ironic Pump.fun.
Even the team of the largest crypto exchange Binance believed this post, which hastened to congratulate Hirsch on his new position. The exchange then deleted its publication. However, the former official was forced to justify that he did not join the Pump.fun team.
Last September, David Hirsch noted that he threatened market participants: the SEC will strengthen the prosecution of crypto companies and decentralized finance (DeFi) projects that violate securities laws.