Crypto chief bids SEC farewell after 9 years of service

cyptouser5 months agoCryptocurrencies News75
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David Hirsch, the chief of the crypto assets in the United States Securities and Exchange Commission’s (SEC) enforcement division, has officially announced his departure from the agency.

On June 17, Hirsch, who began his career as a staff attorney at the SEC, announced on LinkedIn that he is finally leaving his post at the financial regulator after nearly nine years of service.

Hirsch departs from the SEC

Reflecting on his time at the SEC, Hirsch expressed immense pride in the work accomplished by the agency’s Crypto Assets and Cyber Unit.

"This past Friday was my last day with the SEC after almost 9 years. During that time I had the opportunity to work on more complex, challenging investigations and issues than I ever imagined when I joined the agency as a staff attorney in the Fort Worth Regional Office.”

Hirsch credited his success to his colleagues' collaborative efforts and the support of mentors, leaders and partners across various regulatory and law enforcement agencies.

"I am deeply indebted to too many mentors, leaders, colleagues and friends to name here. And that includes amazing partners across state, federal and international regulators and law enforcement,” Hirsch added.

Related: Gary Gensler could ‘literally cost Joe Biden the election’ — Mark Cuban

Securities enforcement is a “team sport”

The former SEC official also said that “securities enforcement is a team sport.” Hirsch highlighted that this was true during his tenure and thanked his colleagues for their efforts toward the same goal.

While the former SEC official said that it’s difficult to leave the agency, which has given him a lot, Hirsch said that he was excited for the next set of challenges that may come his way. However, the former official said he would take a break before announcing his next endeavor. He said:

“I look forward to sharing more about that soon, but for now, I’m excited for a break and travel with my family before my son heads to college in the fall."

Hirsch has been an enforcement attorney for the SEC since 2015 and started his post as the chief of the agency's crypto asset and cyber units division in October 2022. The official worked for the agency for 8 years and 10 months before announcing his departure.

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