Farage’s Reform UK gets biggest donation ever from crypto billionaire: Reports

Summary

British crypto billionaire Ben Delo donated £36 million ($49 million) to Nigel Farage’s Reform UK, reportedly the largest donation ever to a British political party. Delo, co-founder of BitMEX, said he wanted to ensure a “fair fight” in elections. Farage praised the donation and said it showed confidence in Reform as the party that can reverse Britain’s decline. The gift adds to concerns over crypto money in UK politics. Reform has already received major support from other figures tied to crypto, and Farage has faced scrutiny over donations and gifts from industry-linked backers. Labour MPs have discussed making a temporary ban on crypto donations permanent. The payment was reportedly made upfront rather than in monthly installments to avoid being blocked.