About this episode
What was really happening inside the SEC during the Gensler years?Today, we sat down with Corey Frayer, former senior crypto policy advisor to SEC Chair Gary Gensler and now Director of Investor Protection at the Consumer Federation of America.We dig into how the agency thought about securities law, DeFi, Uniswap, stablecoins, SAB 121, and why platforms like Coinbase and Kraken ended up in the crosshairs. Corey defends the Gensler playbook while responding to the industry’s harshest criticisms, from “regulation by enforcement” to claims of a political war on crypto. Corey Frayer:https://www.linkedin.com/in/corey-frayer-990a6b2 ------? DEBRIEF | RYAN & DAVID UNPACKING THE EPISODEhttps://www.bankless.com/podcast/debrief-inside-gary-genslers-sec ------BANKLESS SPONSOR TOOLS:?COINBASE | ETH & BTC BACKED LOANShttps://bankless.cc/coinbase-borrow?FRAXNET | MINT, REDEEM, & EARN https://bankless.cc/fraxnet?UNISWAP | SWAP ON UNICHAINhttps://bankless.cc/unichain?MANTLE | MODULAR L2 NETWORKhttps://bankless.cc/Mantle?EIGHT SLEEP | IMPROVE YOUR SLEEPhttps://bankless.cc/eight-sleep------TIMESTAMPS0:00 Intro4:58 Crypto Industry Misconceptions7:59 Corey’s Role & Background14:20 How it All Started24:16 No Path to Register?31:26 Technology vs Economic Activity38:22 Protecting Investors41:07 DeFi Regulation44:53 Uniswap’s Wells Notice57:00 Fake DeFi vs True DeFi1:03:41 Google Analogy1:08:35 The Howey Test1:16:53 SEC: Good or Evil?1:26:52 GENIUS Bill1:29:10 SAB 1211:33:01 Crypto & SEC Political Impact1:36:02 Paul Atkin’s SEC1:38:15 What Would Co
