Hours after David Hirsch, head of Crypto Asset and Cyber Unit of U.S. Securities and Exchange Commission (SEC), announced that he quit his job, he was enthusiastically welcomed on-board by Pump.Fun, a memecoin based platform, which claimed that Hirsch is joining them as their “head of trading.”
However, hours after Pump.Fun made the claim on X(formerly Twitter) regarding Hirsch joining them as their head of trading, the latter denied the claim on a post on LinkedIn. Speculations are also rife that Pump.Fun had drafted the welcome post on X in a sarcastic manner given the tension between SEC and crypto platforms in the U.S. of late.
The pump.fun X handle also shared screenshot of a news item allegedly carried by Binance.com regarding Hirsch joining the memecoin platform. The news item has been deleted from Binance website now, further fueling speculations that the entire exercise by pump.fun was an elaborate prank.
The announcement had generated considerable excitement within the crypto community initially, which was surprised at the decision taken by David. However, the excitement soon turned into skepticism after David categorically refuted the news.
Also Read: David Hirsch Leaves SEC After Leading Crypto Assets Unit
