Crypto chief leaves SEC after nine years of employment.
Crypto

Crypto chief leaves SEC after nine years of employment.

David Hirsch began serving as the head of the SEC’s crypto asset division in 2022 after serving as an enforcement attorney for the agency since 2015. The United States Securities and Exchange Commission’s (SEC) enforcement division’s chief of crypto assets, David Hirsch, has formally announced his retirement from the organisation.

Hirsch, who started his career at the SEC as a staff attorney, finally revealed on LinkedIn on June 17 that he is quitting the financial regulator after almost nine years of employment.

When Hirsch looked back on his tenure at the SEC, he was quite proud of the work the organization’s Crypto Assets and Cyber Unit had done. “After nearly nine years, I departed from the SEC this past Friday. When I started working for the agency as a staff attorney at the Fort Worth Regional Office, I never would have imagined that I would have the chance to work on more intricate, difficult investigations and problems throughout that period.

Hirsch attributed his accomplishment to the teamwork of his coworkers as well as the assistance of mentors, executives, and partners from a variety of law enforcement and regulatory organisations.

“Too many mentors, leaders, coworkers, and friends deserve my sincere gratitude. Hirsch continued, “And that includes incredible allies in state, federal, and international law enforcement and regulators. “Securities enforcement is a team sport,” the former SEC official added. Hirsch emphasised that this was the case during his time there and commended his colleagues for working towards the same objective.

The former SEC official acknowledged that leaving the organisation, which had given him so much, is tough, but Hirsch also expressed excitement for the potential challenges that lie ahead. The former official did, however, state that he would take a vacation before revealing his next project. He declared:

“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 eight years and 10 months before announcing his departure.