Britain’s Reform UK party received £4 million from crypto investor Ben Delo, accounting for 75% of its donations last quarter. Delo pleaded guilty to a US banking secrecy violation in 2022 tied to his crypto firm BitMEX, before being pardoned by Trump last year. Reform raised £5.3 million total in the April-June quarter, more than rival parties but down from over £9 million in each of the previous two quarters. The party disclosed no donations from its biggest backer, crypto entrepreneur Christopher Harborne, whose undisclosed £5 million gift to leader Nigel Farage in 2024 is now under parliamentary investigation. Farage denies wrongdoing.

Was this writing helpful?

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.