Reform UK given record £36m donation from crypto billionaire Ben Delo
The payment is the largest single political donation in UK history and is intended to help Reform prepare for government, Delo said.
- On Friday, British cryptocurrency investor Ben Delo pledged a record £36 million to Reform UK, the largest single gift to a UK political party, boosting Nigel Farage's bid to challenge Britain's main parties.
- Seeking to bypass potential government restrictions on overseas donations, Delo provided the £36 million upfront to ensure a "fair fight and a level playing field" against Labour and Conservative entrenched advantages.
- Reform faces a criminal police investigation following a Channel 4 broadcast alleging foreign funding violations, while Farage faces a parliamentary inquiry into an undeclared £5 million "unconditional gift" from crypto-billionaire Christopher Harborne.
- Labour spokespeople argued Reform cannot "buy their way out of questions about sleaze," while Liberal Democrat Cabinet Office spokesperson Lisa Smart said Farage wants to "bring Trump's America to our shores by buying his way into power."
- The Representation of the People Bill aims to cap overseas donations at £100,000. Delo, a BitMEX co-founder convicted of Bank Secrecy Act violations, received an unconditional pardon from U.S. President Donald Trump last year.
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60 Articles
Farage’s Reform UK gets £36 million from crypto billionaire
Nigel Farage’s Reform UK Party cashed in a massive £36 million donation from crypto billionaire Ben Delo, giving the populist leader a massive financial head start in his bid to win the UK’s next general election. It is the largest ever single donation ever given to a political party in the UK, dwarfing a £9 […]
A crypto entrepreneur wants "equal conditions of competition" for UK political competitors, which causes him to transfer a huge donation to British right-wing populists.
The gift of controversial businessman Ben Delo resurrects the debate about the legal limits of this aid
Convicted criminal crypto billionaire donates record £36 million to Reform UK
A CRYPTO billionaire has donated £36 million, the biggest donation in British political history, to Reform UK days after the police launched an investigation into the party’s funding.
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