Nigel Farage accepted gifts from crypto-linked fraudster: Report

Summary

Nigel Farage is facing fresh scrutiny over undeclared benefits linked to crypto figures. The Sunday Times reported that he received staff, security, transport and accommodation from George Cottrell, a crypto-linked entrepreneur who was convicted in the US of wire fraud after a money-laundering case. Farage said he “followed the rules” and dismissed the report as a “hit job,” noting the gifts were received before he became an MP in July 2024. This is the second recent controversy over Farage’s crypto ties. Parliamentary watchdogs are already examining whether he failed to declare a £5 million gift from crypto billionaire Christopher Harborne, which Farage says was for personal security. Reports also say he may have lobbied the Bank of England against a digital currency, raising concerns that his crypto policy positions could benefit donors. Farage and Reform UK have strongly backed crypto, including accepting Bitcoin donations and promoting the UK as a crypto hub.