Corey Frayer
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csfrayer.bsky.social
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.
I love Amtrak but also I am currently outside Bowie, Maryland headed back to DC at approximately 7 railroad ties per minute.
November 26, 2025 at 2:38 AM
Reposted by Corey Frayer
I see some book piracy discourse, and, to make a positive argument in favor of buying books, your marginal ability to influence what books get published and support the careers of writers you like is massive compared to most other forms of media.
November 24, 2025 at 5:54 PM
Well actually, Pete Rose was only guilty of failing to register as a Futures Commission Merchant.
“Sports trading”

I would love a random survey of 100 people 2 years ago that asked them to define “sports trading”

I bet ~0 would give a definition that matches Kalshi.

Now if you described Kalshi to them and asked them to describe what it is in two words I bet most would say “sports gambling”
November 26, 2025 at 2:11 AM
Congressional. Senior. Advisor. Pipeline.
This is one of those things that rarely gets talked about that has had a massive effect.

As fields like journalism, art, and academia were collapsed and living expenses skyrocketed they came to skew increasingly toward people whose families could afford to supplement their income.
If you're ever wondered why journalists seem so out of touch most of the time it's because in order to establish yourself you need to either come from money, marry into money, or be OK with abject poverty and daily financial panic

That third thing is unsustainable long-term
November 26, 2025 at 12:34 AM
Eat your heart out, Ernest Hemingway.
November 26, 2025 at 12:29 AM
Dear @Haribo,

Artificially cherry flavored candy is not green.

Thank you for your attention to this matter.

-c
November 26, 2025 at 12:21 AM
November 25, 2025 at 11:54 PM
No news is good news?
November 25, 2025 at 9:42 PM
Reposted by Corey Frayer
lol
November 25, 2025 at 9:42 PM
I'm an Eagle Scout. Some of my best camp counselors were women. Venture Scouting has been co-ed for decades. If you want to talk about safe spaces for boys, let's talk about adult leaders abusing them.

Hegseth isn't any more qualified to talk about Scouting than the military.
November 25, 2025 at 1:43 PM
Honestly I'm ready to choose bard pre-crash.
Trying to decide on a career for when the economy crashes and we return to the ancient times. I'm leaning toward soothsayer but I'm also open to banditry
November 25, 2025 at 12:49 PM
November 24, 2025 at 8:23 PM
The first and last full accounting of Tether's assets and liabilities will be part of a bankruptcy proceeding.
The Context: 🔎 Tether's "firm commitment to completing a full audit"

Eight months ago, Tether named a new chief financial officer and shared its "firm commitment to completing a full audit.” It's still missing.

Latest from @bft.wtf

Subscribe and read 👉 mailchi.mp/8de7fb916a49...
November 24, 2025 at 8:18 PM
The CFPB has returned $21 billion to 200 million Americans and Bessent kneecapped it - now trying to kill it completely.

Bootlicker doesn't get to talk about who is harming Americans.
Video of his waxy visage should illustrate the dictionary definition of uncanny valley
Bessent: "Ezra Klein took the mask off. He said, 'This wasn't about healthcare. This was about stopping totalitarianism.' Democrats haven't been able to stop President Trump in the courts, they haven't been able to stop him in the media. So they had to harm the American people."
November 23, 2025 at 4:25 PM
Grok is going to unmask Bluesky only to find out the largest influencers are polite grandmothers from Copenhagen and Santiago posing as polite grandmothers from Atlanta and Milwaukee.

www.thedailybeast.com/top-maga-inf...
Top MAGA Influencers Accidentally Unmasked as Foreign Actors
A new feature on Elon Musk’s X has given deeper insight into the online “America First” movement.
www.thedailybeast.com
November 23, 2025 at 2:52 PM
This handling of a firearm is so insanely reckless it would get you banned for life on first offense at any legitimate range.

These are not trained professionals. They're the toxic 12-year-olds on Xbox but with real guns, treating the rest of us like NPCs.
Dipshit is smashing out a car window with his gun, barrel first. Just rogue, cowboy stiff.

There were two US citizens in the car. They were apprehended and detained for “obstructing” ICE by honking their horn to let people know ICE was in the neighborhood.
November 22, 2025 at 1:14 PM
Re: MTG

A big reason for toxic bipartisanship is the simplistic mantra of many Congressional policy advisors: "my enemy's enemy is my friend"

'Trump bad, MTG good'

The inability of many politicians to perform objective analysis explains a lot of dumb bipartisan moments, like this one.
November 22, 2025 at 1:08 PM
Reposted by Corey Frayer
New: Alt5 Sigma, one of Trump's key business partners, told the SEC that it suspended its CEO in mid-October.

An internal email, though, says he was placed on “temporary leave” more than a month earlier.

me, for @forbes.com

1/
Trump Crypto Partner Alt5 Sigma May Have Violated SEC Rules With Filing On CEO
One of Trump's key business partners told the SEC it suspended its CEO in mid-October. Internal records suggest he was on “temporary leave” more than a month earlier.
www.forbes.com
November 21, 2025 at 4:32 PM
This media+Mamdani+Trump exchange re fascism is the most nervous laughter that has ever nervous laughtered.

Trump: "You can just say yes, it's easier."

tinyurl.com/bdfkvc5f
tinyurl.com
November 21, 2025 at 10:56 PM
Reposted by Corey Frayer
The Legitimation of Shareholder Primacy is now published in the Journal of Corporation Law!

Unlike the draft version that's been online for a while, this final version includes a discussion of SB 21 and other recent developments.

Read it again, for the first time:
papers.ssrn.com/sol3/papers....
November 21, 2025 at 10:47 PM
Tom Petty - OG Bitcoiner

www.youtube.com/watch?v=1lWJ...
Tom Petty - Free Fallin'
YouTube video by TomPettyVEVO
www.youtube.com
November 21, 2025 at 3:49 PM
Most of the substantive parts of this crypto 'bipartisan market structure' bill coming out of Senate Ag are bracketed - as in no current language, all TBD.

In other words, Booker and Boozman are playing legislative Madlibs with Senate Banking.

www.booker.senate.gov/imo/media/do...
www.booker.senate.gov
November 21, 2025 at 3:20 PM
Some unlawful orders are easier to spot than others.
Trump calls for Democratic members of Congress to be hanged
November 20, 2025 at 2:33 PM
I think of Bondi as a supervillain of the financial crisis.

Seeing her become the supervillain of the Epstein coverup is more jarring than when a Marvel actor gets cast in a DC role.

www.pbs.org/newshour/pol...
WATCH: Bondi sidesteps questions about Epstein files at press conference
Asked at a press conference Wednesday about the Epstein files, Attorney General Pam Bondi repeatedly said the Justice Department would “continue to follow the law with maximum transparency.”
www.pbs.org
November 20, 2025 at 4:51 AM