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An Open Letter

To: Rep. Jayapal

From: A constituent in Seattle, WA

July 14

Please vote NO on the Genius and Clarity crypto bills. Both bills are deeply flawed, functionally deregulatory measures that will legitimize predatory activity in the industry, expose many more investors to risk, and could cause future financial crises. Moreover, neither bill has any real language addressing the Trump administration's use of crypto to enrich himself and enable corrupt deals that threaten our democracy.

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