BREAKING: Head Of SEC’s Crypto Division Steps Down

David Hirsch, a prominent United States Securities and Exchange Commission (SEC) figure, has announced his departure from the agency after nearly nine years. Hirsch, who served as the chief of the SEC’s Crypto Assets and Cyber Unit since 2022, shared his news on LinkedIn, reflecting on his long tenure and the milestones achieved during his time with the SEC.....KINDLY READ THE FULL STORY HERE▶

Hirsch began his career at the SEC as a staff attorney in the Fort Worth Regional Office in 2015.

Over the years, he took on increasingly complex and challenging cases, culminating in his appointment as the head of the Crypto Assets and Cyber Unit.

This role placed him at the forefront of regulating the rapidly evolving cryptocurrency sector.

In his farewell message, Hirsch stressed the collaborative nature of securities enforcement, crediting his success to the teamwork and support from colleagues and mentors within the SEC and other regulatory bodies.

He expressed deep gratitude for the partnerships and friendships formed during his tenure.

Hirsch expressed immense pride in the accomplishments of the Crypto Assets and Cyber Unit, highlighting the importance of their work in safeguarding the financial markets.

Despite the difficulty of leaving a role that has been central to his career, he conveyed excitement about future opportunities.

Hirsch plans to take a break and travel with his family before his son starts college in the fall.

Hirsch’s departure marks the end of a significant chapter at the SEC, where his leadership has been crucial in addressing the challenges posed by the crypto industry.

His tenure saw the SEC navigate through complex regulation, ensuring that the principles of market integrity and investor protection remained intact.