Farage Says He Can Spend Tether Billionaire’s $6.7M Gift ‘On Ferraris’ if He Wants
Nigel Farage is defending a £5 million gift from crypto billionaire Christopher Harborne, saying how he spends it is a “purely private matter” and that it was an unconditional gift he can use on anything “from Ferraris” to horses. He is facing an investigation by the Parliamentary Standards Commissioner over whether the payment should have been declared after his election as MP for Clacton in 2024. Farage says he was not in politics when he received the money, though that timeline is disputed, and his explanation for the gift has changed from personal security funding to a reward for decades of Brexit campaigning. He rejects claims the money bought crypto advocacy, while continuing to present himself as a crypto supporter. The gift is separate from Harborne’s donations to Reform UK. If rules were breached, Farage could face Commons suspension and possibly a by-election.
