Nigel Farage to resign from UK Parliament amid crypto “gift” scandal, will stand in by-election

Summary

Nigel Farage said he will resign as MP for Clacton and run in the resulting by-election, saying voters should judge his conduct. The move follows reports that he received large donations and gifts from crypto-linked figures Christopher Harborne and George Cottrell, prompting two UK parliamentary standards probes. Farage denied wrongdoing, saying he had not broken the law or misused public money, and said Harborne’s funds would support his security. He also has existing crypto ties, including speaking at Bitcoin 2025 and investing in Bitcoin treasury firm Stack. The by-election may take weeks or months to arrange. Separately, crypto funding is also shaping US election politics, with industry spending heavily on pro-crypto candidates.