David Hirsch, the former head of the Crypto Assets and Cyber Unit division at the Securities and Exchange Commission (SEC), has refuted recent speculation linking him to a role at the Solana-based memecoin platform Pump.fun. Following his retirement from the SEC, Hirsch clarified to Cointelegraph that he has not accepted any position with Pump.fun or any memecoin platform, dismissing such claims as misinformation.

In response to circulating rumors, which gained traction after a playful social media post from Pump.fun congratulated Hirsch on joining their team, Hirsch emphasized that these assertions are entirely false. The post humorously suggested that Hirsch, known for his regulatory oversight at the SEC, had transitioned to leading a trading desk focused on launching numerous coins daily.

The unsubstantiated claims prompted reactions across the industry, including congratulations from entities like Binance, further heightening the speculation before the post was removed from Pump.fun’s channels.

Hirsch’s tenure at the SEC spanned nearly nine years, during which he played a pivotal role in overseeing crypto enforcement and regulation. His retirement, effective June 14, marked a transition from his career as a dedicated SEC regulator. Reflecting on his departure, Hirsch expressed plans for personal time with family before considering future career moves, which he has yet to publicly disclose.

Beginning his SEC journey as a staff attorney in 2015, Hirsch rose to prominence within the regulatory body, assuming leadership of the crypto enforcement division in 2022. His tenure was marked by significant developments in the regulatory landscape surrounding digital assets, underscoring his influence and expertise in the sector.

As speculation about Hirsch’s next steps continues to circulate, the clarification regarding his non-involvement with Pump.fun serves to dispel misinformation and highlight his focus on a well-deserved break post-retirement. With his future plans still under wraps, the industry awaits updates from Hirsch himself regarding his next professional endeavors.