gg2
bbc.co.uk

Reform UK crypto donations under scrutiny

The gist

Two crypto billionaires gave Reform UK £36m each, a record £72m weekend total.
The gifts dwarf rivals' spending and land as police probe the party's funding.

How it unfolded

  1. 2025Ben Delo was pardoned by US President Donald Trump over a Bank Secrecy Act violation, three years after the BitMEX founder pleaded guilty to anti-money laundering failures.
  2. 2025Christopher Harborne gave a single £9m donation to Reform, then the biggest single donation to a UK political party by a living person.
  3. May 2025Reform became the first UK political party to accept crypto donations, as Farage pledged a Bank of England bitcoin reserve and a 10% capital gains tax on crypto if elected.

Sources

Read the full story in the app gg2 — free on the App Store