After nearly a decade of service, David Hirsch, the head of the Securities and Exchange Commission's (SEC) Crypto Assets and Cyber Unit, has announced his departure. Hirsch, who played a crucial role in shaping the agency's approach to cryptocurrency and cyber-related enforcement, shared his decision on LinkedIn, expressing pride in his team's achievements and gratitude for the support he received throughout his career.

Hirsch emphasized the importance of teamwork and collaboration in securities enforcement, acknowledging the contributions of his colleagues, mentors, and partners in regulatory agencies and law enforcement. He also hinted at his excitement for future challenges and opportunities, although he plans to take a well-deserved break to spend quality time with his family before embarking on his next journey.

The crypto community reacted positively to Hirsch's departure, with many hoping that the SEC's pressure on cryptocurrencies might ease. Hirsch's leadership and the achievements of the Crypto Assets and Cyber Unit have left a lasting impact on the agency, and his departure marks the end of an era. As the crypto world bids farewell to Hirsch, it remains to be seen how his departure will shape the future of cryptocurrency regulation. In conclusion, David Hirsch's legacy at the SEC will be remembered for its significant contributions to the crypto and cyber enforcement landscape.