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David Hirsch, Former SEC Crypto Chief, Departs After Nine Years

David Hirsch, a prominent figure in the U.S. Securities and Exchange Commission’s (SEC) crypto oversight unit, announced his departure from the agency on LinkedIn this past Monday.

Hirsch served as the chief of the Crypto Asset and Cyber Unit in the Division of Enforcement.

Hirsch’s Tenure at the SEC

During his tenure, Hirsch led the SEC’s efforts against cryptocurrency exchanges and decentralized finance (DeFi) projects. Reflecting on his time at the SEC, Hirsch expressed pride in the accomplishments of the Crypto Assets and Cyber Unit. “This past Friday was my last day with the SEC after almost 9 years,” Hirsch stated. “I’m particularly proud of the historic work done by the Crypto Assets and Cyber Unit team I had the privilege to lead.”

Hirsch acknowledged the heavy litigation load the agency faces, noting that while the SEC cannot pursue every case, it remains committed to enforcing securities laws against perceived violators in the cryptocurrency space.

Achievements and Future Plans

Hirsch credited the successes during his time at the SEC to teamwork and shared goals. “Every success I was a part of was the direct result of collaboration and combined efforts towards a common goal,” he added.

Though Hirsch did not disclose his next career move, he hinted that more details would be shared soon.

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Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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