The former head of the SEC's crypto assets and cybersecurity division, David Hirsch, denied reports that he was joining the pump.fun team. "That's a lie. I haven't announced my next role, but it definitely won't be a meme/coin platform," he said. 🚫

On June 17, rumors began to spread that Hirsch had accepted pump.fun's offer after a humorous post on social media.

Binance even congratulated Hirsch on his new position, but subsequently deleted the post, which only fueled speculation.

Hirsch, who began his career at the SEC as legal counsel, resigned as head of the cryptoasset and cybersecurity division on June 14.