Reform UK Lands £72M Crypto Windfall From Two Billionaire Donors
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Reform UK received £72 million in combined donations from two cryptocurrency billionaires over two days, giving the party one of its largest funding boosts and highlighting the growing role of crypto wealth in British politics.
BitMEX co-founder Ben Delo donated £36 million, followed by an equal contribution from Tether investor Christopher Harborne. Delo announced his donation in The Telegraph, saying it was intended to create a “level playing field.” Harborne later matched the amount after Delo told him about the planned contribution.
Record Donations Face New Rules
The donations come as Parliament considers tighter rules on political funding. The proposed legislation would ban cryptocurrency donations and introduce a £100,000 annual limit on contributions.
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