Corey Frayer's Avatar

Corey Frayer

@csfrayer.bsky.social

Michael Lewis called me "...a faceless minion in a blue suit..." Director of Investor Protection - Consumer Federation of America. Former: Crypto Adviser to Gensler SEC. House Financial Services and Senate Banking Committees.

1,181 Followers  |  439 Following  |  974 Posts  |  Joined: 08.01.2025  |  1.7483

Latest posts by csfrayer.bsky.social on Bluesky

TENSE: Josh Hawley And James Lankford Have Surprisingly Heated Exchange Over The PELOSI Act
YouTube video by Forbes Breaking News TENSE: Josh Hawley And James Lankford Have Surprisingly Heated Exchange Over The PELOSI Act

This ethics bill discussion is interesting - at the end Rand Paul literally says that members have to be allowed to own stablecoin because in a few years it will be the *only* way to shop at Walmart or Amazon.

youtu.be/7K5P9VkRAsc?...

02.08.2025 17:44 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Tweet where Mark Wetjen announces he has started a job at OKX

Tweet where Mark Wetjen announces he has started a job at OKX

Wetjen was the regulatory affairs guy at FTX, in case you want to know which crypto company will implode next.

24.07.2025 16:17 β€” πŸ‘ 4    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

There's now an 11-day queue to pull your eth out of staking lock-ups. This isn't the lack of liquidity you want to see in an exchange fund. Especially one that does redemption in kind. And offers staking as a service.

You know, things us "morons" didn't allow when I was at SEC.

24.07.2025 16:11 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
Tron Inc. to Ring The Nasdaq Opening Bell on July 24, 2025 Winter Park, Florida, July 23, 2025 (GLOBE NEWSWIRE) -- Tron Inc. (Nasdaq: TRON) (the β€œCompany”), an innovation leader at the intersection of blockchain,...

The height of corruption if not the height of absurdity. Vonnegut please come back and write the book about crypto.

www.globenewswire.com/news-release...

23.07.2025 22:51 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Imagine a spherical cow....

23.07.2025 15:27 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

"I've known Fred for a long time. He's a guy that's getting a lot of attention right now." - Trump, probably.

22.07.2025 17:18 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
Why crypto matters in the midterms An esoteric financial regulatory issue has suddenly become an urgent consideration for lawmakers facing competitive races in the 2026 midterm elections.

Other negotiation 101 news - crypto already got their votes from House and Senate Dems. There's nothing keeping Fairshake from going after blue seats in 2026 in favor of Republican/MAGA crypto hardliners.

If you sell your soul at least get it in writing.

www.politico.com/newsletters/...

22.07.2025 17:02 β€” πŸ‘ 6    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0

Our media and political leadership still can't figure out how to deal with Trump. It's tragic because there's nothing they need to know that couldn't be learned by reading "If you Give a Mouse a Cookie"

22.07.2025 16:55 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Barr already tried this playbook. It didn't get the administration to back off, they just shifted their ire to Powell.

The Fed thought they could cave on deregulation, climate change, and DEI. But the administration's goal is full compliance. Nothing less will suffice.

22.07.2025 16:51 β€” πŸ‘ 11    πŸ” 4    πŸ’¬ 0    πŸ“Œ 1
Preview
JPMorgan explores lending against clients’ crypto holdings Bank’s chief Jamie Dimon, who once branded bitcoin a β€˜fraud’, has moderated his tone

Remember when the banks thought MBS vehicles were bankruptcy remote but then they weren't and the off balance sheet leverage sparked a global financial crisis?

www.ft.com/content/7027...

22.07.2025 15:56 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

It was fairly predictable and hilarious that after the Senate told the House "we will consider your crypto market structure bill" they immediately dunked on the House's subpar negotiating skills by releasing their own fully-fledged bill.

www.banking.senate.gov/imo/media/do...

22.07.2025 15:00 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
Investors cheer new crypto law while critics warn of potential for crisis President Donald Trump signed the Genius Act into law on Friday afternoon.

β€œIf we go back to a system with a whole bunch of unregulated #banks being allowed to issue #stablecoins, we will end up with another #FinancialCrisis.” @csfrayer.bsky.social, director of Investor Protection, CFA
#GENIUSAct #Crypto @nbcnews.com

21.07.2025 12:32 β€” πŸ‘ 0    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
Preview
Ethereum is Trustware, core trust infrastructure for the world The cryptoeconomic, decentralized trust of our age scales to billions without borders or intermediaries, is available continuously, globally, and predictably

Trustlessness is trust. Trust us.

consensys.io/ethereum/trust

18.07.2025 00:41 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

To be clear, we already had laws about private currency. Baking regulators and the DOJ just decided not to do anything about it.

18.07.2025 00:25 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Congrats to the one hundred members of the Democratic caucus who voted for the Trump Crypto Scam Enabling Act.

17.07.2025 21:45 β€” πŸ‘ 29    πŸ” 11    πŸ’¬ 1    πŸ“Œ 0

This is an important win for the FTC and agency independence but it's harder for me to enjoy knowing that Commissioner Slaughter's husband Justin is a crypto peddler who helped get us here in the first place.

17.07.2025 21:44 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Trump is unpopular
Crypto is unpopular
Corruption is unpopular
Trump uses crypto to do corruption and it's unpopular

Over 1/3 Democrats in the House and Senate as well as the Democratic Leadership vote for Trump's crypto legislation

Do they think losing in 2026 gets them first overall draft pick?

17.07.2025 19:48 β€” πŸ‘ 7    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
β€œSpecial thanks to our sponsor: Coinbase”
YouTube video by Tony Dortie β€œSpecial thanks to our sponsor: Coinbase”

Almost every Republican and 1 out of 3 Democrats in the House right now: www.youtube.com/watch?v=nwOD...

17.07.2025 19:23 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Learn About the Potential Risks of Cryptocurrency
YouTube video by Partners for Democracy Learn About the Potential Risks of Cryptocurrency

The House is voting on two crypto bills teeing up the next financial crisis. If you want to know how, watch this P4D presentation where Nobel Laureate and MIT Prof Simon Johnson, GW's Art Wilmarth, Better Markets' @amandalfischer.bsky.social and I explain.

youtu.be/MQbcQ_MWX94

17.07.2025 19:00 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

I mean, why else would there be so much talk about candlesticks?

17.07.2025 03:13 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

GAVEL!!

17.07.2025 03:05 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

There is a non-zero chance that Khaki Seersuckerman has changed into a houndstooth jacket and black slacks.

Vote could be gaveled right now but technically remains 1 shy of a definitive plurality.

17.07.2025 03:01 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

I mean, I never understood how calling people by their preferred pronouns was anything other than basic politeness and yet...

17.07.2025 02:35 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

What if I just said "Indiana."

17.07.2025 02:31 β€” πŸ‘ 7    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

I would say that I was on the panel with Simon

17.07.2025 02:31 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Vote flips are starting to tally.

One can only assume Congressman Seersuckerman has finally leveraged his power over the House Freedom Caucus.

17.07.2025 02:21 β€” πŸ‘ 21    πŸ” 3    πŸ’¬ 2    πŸ“Œ 2

Yea the examples they give are almost always "matinee pricing and early bird specials" which instinctually invokes "awwwwww, grandma" and not "ahhhhh, racism."

17.07.2025 02:07 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Clerk just handed the presiding member of the House chamber a script - something is about to happen re Crypto bill votes

17.07.2025 02:05 β€” πŸ‘ 17    πŸ” 5    πŸ’¬ 2    πŸ“Œ 2

Representative Seersuckerman has exited the floor into the speaker's lobby.

It's been a wild night.

End Transmission.

17.07.2025 02:02 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Important Update 🚨

Wild gesticulations suggestive of a fly-fishing cast

17.07.2025 02:01 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

@csfrayer is following 20 prominent accounts