Corey Frayer @csfrayer.bsky.social · 02/10/2026Say what you want about Wall Street, Big Oil and Big Pharma but two of the most powerful lobbies on the Hill: auto dealers and community banks. There are a bunch in every district, their owners are wealthy, and they sponsor the little league teams. 020
Corey Frayer @csfrayer.bsky.social · 02/10/2026Appointing a *securities* lawyer to a vital national *security* role was probably the first mistake. 000
Reposted by Corey FrayerZach Everson @zacheverson.com · 01/10/2026🚨 Remember that fancy dinner Trump hosted at his golf club for top holders of his meme coin, and Justin Sun and a bunch of other foreign investors attended? Well, he's doing it again. @jeffstein.bsky.social for @washingtonsun.comwashingtonsun.comWant Dinner With the President? Buy His Meme Coin.The $Trump meme coin is offering buyers a new "exclusive" opportunity to meet the president. 32419194
Corey Frayer @csfrayer.bsky.social · 30/09/2026How many CLARITY Act autopsies are we at? It's like a whole class of seventh grade biology students sharing one frog. www.coindesk.com/news-analysi...coindesk.comCrypto industry gave $8 million to Clarity Act lobbyists who didn't close the dealIn the first half of this year, the sector poured millions into lobbying, with most of it tied to pushing the U.S. market structure bill to a goal it never reached. 050
Corey Frayer @csfrayer.bsky.social · 29/09/2026With the caveat that there are still *a lot* of truly excellent career staff policy experts working on the Hill, this is spot on. Also - the deference to lobbyists by staff isn't just lack of expertise or due to lavish trips or gifts, it's the lure of landing an extremely high-paying lobbying gig. 182
Corey Frayer @csfrayer.bsky.social · 29/09/2026Me, trying to fit in with the guys by talking about the 'big game between the Sixers and the Packers' last night. 011
Corey Frayer @csfrayer.bsky.social · 29/09/2026A couple things: Anthropic isn't making a huge bet with their IPO, they're asking us to make a huge bet buying it. Securities lawyers - isn't leaking this info prior to filing a gun-jumping violation? www.reuters.com/business/fin...reuters.comEXCLUSIVE: Anthropic's IPO prospectus shows sweeping AI vision, surging costsAnthropic is making a massive bet that AI will transform the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters. But ... 020
Corey Frayer @csfrayer.bsky.social · 28/09/2026A rogue superintelligent AI agent caused extinction via hackswarm in this newsletter New CFA EyeOnTech eyeontech.substack.com/p/a-rogue-su...eyeontech.substack.comA rogue superintelligent AI agent caused extinction via hackswarm in this newsletterPlus, FTC Wants Surveillance Pricing Transparency (only) and more on the CLARITY Act’s failure 010
Corey Frayer @csfrayer.bsky.social · 28/09/2026FWIW - Ben Delo's firm BitMex was prosecuted for violations of anti-money laundering laws meant to prevent sanctions evasion. Providing a platform to countries like Russia for evading sanctions and speculating on crypto are two very different ways of making money... 020
Corey Frayer @csfrayer.bsky.social · 28/09/2026Brian Armstrong: CLARITY failed because the big bank cartel stepping on your necks killed it Also Brian Armstrong: Citi Expands Digital-Assets Footprint With Coinbase Partnership www.wsj.com/finance/curr...wsj.comExclusive | Citi Expands Digital-Assets Footprint With Coinbase PartnershipCoinbase, the largest U.S. crypto exchange, will provide the digital rails enabling the bank’s corporate clients to make payments with stablecoins. 020
Corey Frayer @csfrayer.bsky.social · 24/09/2026It's like they're only competitive bidding for dad's unavailable love. 010
Corey Frayer @csfrayer.bsky.social · 22/09/2026Consumers never touch the stablecoin - it's purely the backend settlement service. Your card swipes like normal but you're actually making a stablecoin transaction, totally unbeknownst to you. The transaction looks the same to the consumer but without any of the protections we've all come to expect. 021
Corey Frayer @csfrayer.bsky.social · 22/09/2026"All credit and debit transactions will be *settled* in SoFi USD" (SoFi's stablecoin). The GENIUS Act did nothing but give giant payment incumbents an end-run around protections that used to exist on credit and debit tx. www.barrons.com/articles/sof...barrons.comSoFi Becomes First U.S. Bank to Settle Card Payments on StablecoinThe program will process more than $25 billion in transactions annually, SoFi said. 230
Corey Frayer @csfrayer.bsky.social · 22/09/2026Looking like a cyclist struck and killed in DC's Logan Circle. Terrible sign of what's to come as Trump continues his attacks on our already inadequate cycling infrastructure. www.popville.com/2026/09/deve...popville.comDeveloping: Cyclist said to have been struck and killed in Logan Circle - PoPville"Dear PoPville, Does anyone know what’s going on at Rhode Island and Logan Circle NW? Street is closed and there’s a ton of police." Another reader shares with me that a cyclist "Swerved in front of a... 031
Corey Frayer @csfrayer.bsky.social · 21/09/2026Probably because he has correctly identified that people already HATE crypto such that it might be a good motivator. Also I should note I don't have any inside information on the campaign or anything so these really are just my opinions. 100
Corey Frayer @csfrayer.bsky.social · 21/09/2026Not sure in exactly what form yet, but yes. Very preliminary. Extremely fair point. However, if the algorithm has concluded there's a colorable case it's in violation of the law and isn't doing anything about it, that's problematic in and of itself. 110
Corey Frayer @csfrayer.bsky.social · 21/09/2026Speaking broadly from my political experience and not to Sherrod specifically - political fundraising emails are not a representation of reality. They do have tons of money to throw around, absolutely no argument there. Makes me all the happier for when he crushes the election anyway. 221
Corey Frayer @csfrayer.bsky.social · 21/09/2026Yea I think that's the point I'm most worried about. Crypto has done a very good job *marketing* itself as having unseated him. And they've used that claim to convince other Dems to support bad policy for fear of a similar fate. So that's where my strong response to the claim is coming from. 131
Corey Frayer @csfrayer.bsky.social · 21/09/2026I hear that but for awareness, I worked for Sherrod for 5 years and I followed that election pretty closely. 120
Corey Frayer @csfrayer.bsky.social · 21/09/2026I can say that it's clear that Sherrod was never going to overcome an 11% headwind at the top of the ticket. Crypto's claim is like me saying "between me and Beyonce we've won more than 30 Grammys." 110
Corey Frayer @csfrayer.bsky.social · 21/09/2026The ability to wash trade your prediction market bets on crypto assets that are regularly wash traded provides liquidity, or something. www.coindesk.com/markets/2026...coindesk.comKalshi faces ‘fake crypto volume’ allegations as critic flags identical $5,500 tradesA trader alleged on X that Kalshi is inflating trading volumes in its ether perpetual futures. 052
Corey Frayer @csfrayer.bsky.social · 21/09/2026When asked if it should stop giving investment advice if it thinks it might be in violation of the law. 001
Corey Frayer @csfrayer.bsky.social · 21/09/2026I finally understand how some people are getting into relationships with their chatbots. Swoon. 101
Corey Frayer @csfrayer.bsky.social · 21/09/2026I've avoided AI as long as possible but have to play around with it for some investor protection research. Three inputs got me to "I might be breaking the law." It is everything I expected and then some. 594
Corey Frayer @csfrayer.bsky.social · 21/09/2026Sherrod - didn't even vote on the crypto bill, crypto announces $30 million against him. Susan Collins - voted against the bill, crypto announces nothing. Crypto is a right wing movement disguised as technology. 0122
Corey Frayer @csfrayer.bsky.social · 21/09/2026Crypto is more a political movement than a financial one. Sherrod isn't in the Senate and didn't vote on the crypto bill but he's the target of crypto spending. Susan Collins is in the Senate and voted against the crypto bill and they aren't targeting her race. www.nytimes.com/2026/09/21/u...nytimes.comThe Crypto Industry Targets Sherrod Brown of Ohio, a Top Democratic Senate CandidateAngry after the defeat of a major crypto bill last week, the industry is planning to spend $30 million against Sherrod Brown in Ohio. 061
Corey Frayer @csfrayer.bsky.social · 21/09/2026Sherrod lost by 3.5% in 2024 while Trump led Harris by 11%. The idea that crypto cost him victory in 2024 is frankly delusional. He lost in in a red, Trumpy state and wildly overperformed over the top of the ticket. Crypto had nothing to do with it. 291
Corey Frayer @csfrayer.bsky.social · 21/09/2026First, Sherrod's going to win this seat. Second, saying crypto cost him the election is delusional. Trump beat Harris by 11% in Ohio while Moreno only beat Sherrod by 3.5%. He lost a brutal election in a red state determined at the top of the ticket. www.nytimes.com/2026/09/21/u...nytimes.comThe Crypto Industry Targets Sherrod Brown of Ohio, a Top Democratic Senate CandidateAngry after the defeat of a major crypto bill last week, the industry is planning to spend $30 million against Sherrod Brown in Ohio. 041
Corey Frayer @csfrayer.bsky.social · 20/09/2026Called this over a month ago. www.wsj.com/articles/how...wsj.comHow Crypto Blew Its Big MomentPlus, fading voter enthusiasm worries Republicans, and Ed Sheeran apologizes to his fans. 0166
Corey Frayer @csfrayer.bsky.social · 17/09/2026Back in my day, video games were 8-bit and Presidential corruption meant selling weapons to countries run by religious authoritarians to fund drug-smuggling militias on an entirely different continent. Simpler times. 0153
Reposted by Corey FrayerZach Everson @zacheverson.com · 17/09/2026New: Trump called crypto "thin air." Last year, he reported $1.4 billion in income from it. Buyers of his crypto? They're an estimated $4.7 billion underwater. I made an 8-bit game out of it— 📈 Play as Trump: you cannot lose money. 📉 Play as an investor: you cannot win.thinairrealmoney.com‘THIN AIR,’ REAL MONEY — The Trump Crypto GameAn 8-bit game about real money. Play as Trump: you only make money. Play as an investor: you only lose. Every figure is drawn from Public Citizen's report and the sources it cites. 511622563
Corey Frayer @csfrayer.bsky.social · 15/09/2026I spent months at SEC working with crypto to help them comply with the law. Both sides of Congress criticized us for not getting a deal with them It's rewarding to watch this bill fail as Congress learns what I already knew: crypto doesn't negotiate in good faith www.coindesk.com/policy/2026/...coindesk.comCrypto’s biggest Senate push falls flat as the Clarity Act fails to clear a crucial procedural voteThe years-long effort to set U.S. regulations for crypto markets couldn't muster enough support to make the leap over the Senate's final 60-vote hurdle. 1214
Corey Frayer @csfrayer.bsky.social · 15/09/2026NO OTHER COUNTRY IS RACING US FOR CRYPTO DOMINANCE. Banned in China. Allowed in Russia but only for evading Ukraine sanctions. Lagarde has been guiding EU away from it for years. What major economy are we competing with on crypto? 230
Corey Frayer @csfrayer.bsky.social · 15/09/2026Remember when Brian Armstrong threw a Twitter tantrum that killed the January markup, dragging things out for months and creating more problems every week? What an own-goal. 183
Corey Frayer @csfrayer.bsky.social · 15/09/2026Still a couple weeks left to try and negotiate but the sticking points seem immovable. The WH is not going to budge on ethics. Banks won't give on stablecoin yield. Fixing tribes and prediction markets costs defi industry support. Armstrong killed this with his January tantrum. 050
Reposted by Corey FrayerMolly White @molly.wiki · 15/09/2026Clarity Act has just surpassed 41 NOs in the cloture vote; it will not advance to a full vote. The bill is essentially dead in the water under this Congress. 26956194
Reposted by Corey FrayerJacob Silverman @jacobsilverman.com · 15/09/2026GILDED RAGE: ELON MUSK AND THE RADICALIZATION OF SILICON VALLEY will be published in paperback, with a new afterword, next Tuesday. There are also cheap hardcovers on the 'zon. www.amazon.com/Gilded-Rage-...amazon.comAmazon.com: Gilded Rage: Elon Musk and the Radicalization of Silicon Valley: 9781399419987: Silverman, Jacob: BooksAmazon.com: Gilded Rage: Elon Musk and the Radicalization of Silicon Valley: 9781399419987: Silverman, Jacob: Books 0389
Reposted by Corey FrayerIndivisible ❌👑 @indivisible.org · 15/09/2026TODAY: The Senate is expected to take up a bill that would turbocharge Trump’s corruption. There is absolutely no good reason for any Democrat to support this legislation. Email your senators and demand that they vote NO on the CLARITY Act.act.indivisible.orgUrge Your Senators to Oppose and Stop Trump's Crypto CorruptionLast year, the House passed the CLARITY Act (H.R. 3633), a bill disguised as “crypto regulation” that actually serves the billionaires and bad actors at the center of today’s crypto chaos. This bill d... 12593294
Reposted by Corey FrayerMolly White @molly.wiki · 14/09/2026Corey Frayer (@csfrayer.bsky.social), former SEC crypto adviser on how carefully definitions were drafted to miss Trump’s actual businesses: “whoever wrote it knows Trump’s crypto businesses inside and out. And then they made sure Trump’s crypto businesses would remain outside and not in.” 311826
Corey Frayer @csfrayer.bsky.social · 15/09/2026Molly brings the goods on the meaningless ethics add to the Senate's crypto bill. @molly.wiki This ethics proposal is a cruel joke, it makes Trump's interests in crypto explicitly legal, and anyone who votes for it should be impeached for corruption. www.citationneeded.news/clarity-act-...citationneeded.newsThe Senate must reject the Clarity Act’s ethics charadeThe supposedly “unprecedented” ethics restrictions exempt Trump’s crypto businesses and leave enforcement to his loyalists 032
Corey Frayer @csfrayer.bsky.social · 14/09/2026And if they tell you that they got new ethics provisions for Trump - they're lying. eyeontech.substack.com/p/clarity-ac...eyeontech.substack.comCLARITY Act Update - Ethics SchmethicsIt’s Unethical to call this an Ethics Provision 180
Reposted by Corey FrayerRobert Reich @rbreich.bsky.social · 14/09/2026Shame on any Democrat who votes for the abominable pro-crypto CLARITY Act. Call your senators and tell them to vote NO when it comes up for a crucial procedural vote tomorrow: (202) 224-3121.robertreich.substack.comNO to CryptoALL Senate Democrats should reject the so-called “Clarity Act” when it comes up for a vote tomorrow 391326601
Reposted by Corey FrayerZach Everson @zacheverson.com · 14/09/2026"You could fly an illegally gifted Qatari jet through the loopholes in the definition of 'issue' or 'sponsor' but the more important point is the President doesn’t even need to." 23618
Corey Frayer @csfrayer.bsky.social · 14/09/2026Trump wrote his own ethics rules for the Senate crypto bill. They don't do anything. eyeontech.substack.com/p/clarity-ac...eyeontech.substack.comCLARITY Act Update - Ethics SchmethicsIt’s Unethical to call this an Ethics Provision 0225
Reposted by Corey FrayerIndivisible ❌👑 @indivisible.org · 14/09/2026The Senate could soon vote on a bill that would turbocharge Trump’s corruption. Since the GOP only needs to peel off a handful of Democrats to pass this crypto legislation, it’s extra important for the Senate to hear from us. Send an email and demand that your senators vote NO on the CLARITY Act.act.indivisible.orgUrge Your Senators to Oppose and Stop Trump's Crypto CorruptionLast year, the House passed the CLARITY Act (H.R. 3633), a bill disguised as “crypto regulation” that actually serves the billionaires and bad actors at the center of today’s crypto chaos. This bill d... 318895