Crypto News Today- SEC’s Crypto Asset and Cyber Unit Chief steps down after nearly a decade

Crypto News Today- Head of SEC’s Crypto Asset and Cyber Unit Chief resigns following almost nine years of service

Crypto News– David Hirsch, the head of the Crypto Asset and Cyber Unit within the Division of Enforcement at the U.S. Securities and Exchange Commission (SEC), has departed the agency after nearly nine years.

In a LinkedIn post, Hirsch announced, This past Friday was my last day with the SEC after almost 9 years. Reflecting on his tenure, he expressed gratitude for the opportunity to work on intricate investigations and challenging issues that exceeded his initial expectations when he started as a staff attorney at the Fort Worth Regional Office.

Hirsch highlighted his pride in the groundbreaking work accomplished by the Crypto Assets and Cyber Unit team under his leadership.

Regarding his future plans, Hirsch did not disclose specifics but indicated he would provide more information after taking a break.

Before his tenure at the SEC, Hirsch served as a legal advisory board member at the NYU Center for Cybersecurity.

How the SEC has shaped the crypto industry

With cryptocurrencies emerging as a prominent political topic in the U.S. leading up to this year’s presidential elections, the SEC continues to draw attention. Recently, lawmakers have pressured the agency to approve Ethereum exchange-traded funds (ETFs), while its Chair, Gary Gensler, has often been viewed as a contentious figure among crypto supporters.

In recent personnel changes, Ladan Stewart, a former SEC lawyer known for handling significant cases involving Ripple and Coinbase, departed the agency’s enforcement division after eight years. She has since joined the law firm White & Case LLP as a partner.

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