David Hirsch, who served as chief of the Crypto Belongings and Cyber Unit division of the Securities and Alternate Fee (SEC), has clarified that he has not joined the pump.enjoyable workforce in any capability.
In a message to Cointelegraph, the just lately retired SEC veteran confirmed that any claims associating him with the Solana-based memecoin platform represented misinformation.
“The declare is fake. I’ve not introduced my subsequent position, however it isn’t with a meme/coin platform.”
Misinformation or epic troll?
On June 17, rumors started circulating that Hirsch had accepted a place with the pump. enjoyable platform resulting from a considerably tongue-in-cheek social media publish from pump. enjoyable directed at Hirsch.
Associated: Crypto chief bids SEC farewell after 9 years of service.
The post started by congratulating Hirsch on his new position as head of buying and selling earlier than stating, “After months of conversations with alon, David got here to the belief that his work as a regulator was not fulfilling. He needed to begin a brand new chapter.”
Pump.enjoyable continued: “And what’s higher than doing the very factor you’re keen on? Consider it or not, however David has launched over 100 cash himself […]. A memelord at coronary heart, David shall be in command of pump dot enjoyable’s new inner buying and selling desk, which shall be in command of launching over 1,000 cash per day!”
The rumors led Binance’s workforce to congratulate Hirsch on his new position. The platform has since taken down the publication, additional fueling hypothesis.
9-year SEC regulator retires
David Hirsch, who started his profession on the SEC as a workers legal professional, stepped down as head of the SEC’s Crypto Assets and Cyber Unit on June 14.
The regulatory official’s profession on the Securities and Alternate Fee started in 2015 and spanned practically 9 years. Hirsch grew to become head of the SEC’s crypto enforcement division in 2022.
Following his retirement, the SEC regulator instructed his followers on social media, “For now, I’m excited for a break and journey with my household earlier than my son heads to varsity within the fall.”
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