SEC's Head Of Crypto Assets Departs, Denies Joining Memecoin Factory Pump.fun

Memecoin factory Pump.fun wrote on X that David Hirsch is joining its team, but the former SEC official denied the claim. (Credit: Pixabay)

KEY POINTS

• Pump.fun said Hirsch realized "his work as a regulator was no longer fulfilling"
• The Solana memecoin deployer also said Hirsch has launched more than 100 memecoins himself
• Hirsch denied the claim, saying his next career step won't be at a memecoin firm

David Hirsch, the head of the cryptocurrency assets and cyber unit at the U.S. Securities and Exchange Commission's (SEC) Enforcement Division, announced his departure from the agency after nearly nine years of service.