On July 28, Arthur Hayes, co-founder of BitMEX, wrote on X, "Don't be silly, let these blood-suckers do something positive for crypto, and then consider giving them money." Then attached a letter from Democratic Party insiders and members of Congress to Jaime Harrison, chairperson of the Democratic National Committee, and future Democratic presidential candidates. "On behalf of a range of Democratic officials, House candidates and members of Congress, we are writing to urge Democratic officials to take a forward-looking approach to digital assets and blockchain technology, an area that holds great potential for American innovation, economic growth and financial inclusion," the letter said. "A significant number of Americans have embraced digital technology as a means to democratize economic opportunity. From an electoral perspective. Cryptocurrencies and blockchain technology have a huge impact on securing victory up and down the ballot. More than 20 percent of voters in key swing states see cryptocurrency as a major issue in the 2024 election. We believe this technology is nonpartisan and Democrats should support these innovations to help reaffirm America's position as a global leader in the digital economy."