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Crypto Billionaire Gives Farage’s Reform UK Record $67-Million Donation
The donation tops the previous UK political record and comes as Nigel Farage’s party seeks to narrow the gap with Labour and the Conservatives.
- On Friday, crypto investor Ben Delo announced a record £36 million donation to Britain's populist Reform UK party, providing a major financial boost as the group seeks to challenge the Labour Party and Conservatives.
- The contribution dwarfs the previous £10 million record left by British businessman John Sainsbury, while Delo, a BitMEX co-founder convicted of U.S. banking secrecy violations and pardoned by President Donald Trump, previously contributed £4 million.
- Reform UK faces ongoing police inquiries over foreign funding allegations and payments from deputy leader Richard Tice's company, while Nigel Farage remains under investigation by the parliamentary standards commissioner regarding a £5 million gift.
- A Labour Party spokesperson claimed Farage was "still up to his neck in scandal," while Liberal Democrat Cabinet Office spokesperson Lisa Smart added that Farage intended to "bring Trump's America to our shores by buying his way into power."
- Delo stated he wanted to ensure a "fair fight" with Britain's main parties, advising Reform in a Telegraph opinion piece to spend less time fundraising and more time preparing for government.
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16 Articles
Crypto billionaire gives Farage’s Reform UK record $67-million donation
A cryptocurrency billionaire announced Friday he has donated £36 million (US$49 million) to Nigel Farage’s hard-right Reform UK, the largest gift in British political history, despite the party being mired in several funding scandals.
·Toronto, Canada
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Crypto investor pardoned by Trump donates £36 million to Farage's Reform UK
·London, United Kingdom
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Total News Sources16
Leaning Left2Leaning Right2Center7Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 18%
C 64%
R 18%
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