Former SEC Crypto Chief David Hirsch Denies Rumors of Joining Pump.fun
David Hirsch, a former official from the Securities and Exchange Commission (SEC), has come forward to deny any involvement with the Solana-based memecoin platform, pump.fun. Hirsch, who previously led the SEC’s Crypto Assets and Cyber Unit, addressed circulating rumors about his alleged new role with the platform, stating that the claim is false.
The rumors began circulating on June 17 with a sarcastic post from pump.fun congratulating Hirsch on his supposed new role as Head of Trading. The post jokingly referred to him as “a memelord at heart” who had found his calling after leaving regulatory work. Despite the playful nature of the post, it gained traction, with even Binance News reporting on the news before the publication was removed.
Hirsch, who recently departed from the SEC after nearly nine years of service, shared his plans for the future in a farewell message on LinkedIn. While he expressed excitement for new challenges ahead, he made it clear that he has not announced his next role and that it is not with a memecoin platform.
In the midst of the speculation surrounding Hirsch, pump.fun was hit with its own controversy as an ex-employee exploited the platform for $1.9 million. The incident further highlighted the risks associated with the volatile world of cryptocurrency.
As Hirsch remains unassociated with pump.fun and keeps his future career plans under wraps, the crypto community continues to speculate on what his next move in the industry will be. Stay tuned for updates on this developing story.
