David Hirsch Steps Down as SEC Crypto Unit Head

David Hirsch, head of the SEC’s Crypto Asset and Cyber Unit, has resigned after nearly a decade of service. Starting as a staff attorney, Hirsch played a pivotal role in the SEC’s cryptocurrency enforcement efforts. His departure comes amid heightened political pressure on the SEC and the upcoming presidential elections. A rumor surfaced that Hirsch had joined memecoin platform Pump.Fun, which he promptly denied on LinkedIn. Hirsch’s tenure was marked by significant enforcement actions in the crypto space, and his exit is part of a broader trend of key personnel changes at the SEC, including the recent departure of lawyer Ladan Stewart to a private firm.