BitMEX co-founder Ben Delo has donated £36 million, or about $49 million, to Reform UK, with crypto industry figure Christopher Harborne later pledging an equal amount. The two donations total £72 million, roughly $97 million, setting records for both single and combined political donations in the UK, according to the report. Harborne said Delo’s contribution prompted him to follow with his own, adding that he wanted Reform UK to be ready for government and that he expected nothing in return. Delo said his donation was intended to help ensure the next general election could be fought on a fair basis. Reform UK leader Nigel Farage welcomed both contributions. The funding has also renewed debate in British politics over the influence of crypto-linked money and the rules governing political donations, particularly after Farage had previously faced scrutiny over accepting large donations and gifts tied to the crypto sector.
BitMEX co-founder Ben Delo has donated £36 million, or about $49 million, to Reform UK, according to BlockBeats. Soon after, crypto industry figure Christopher Harborne said he would contribute the same amount.
That brings the total to £72 million, or roughly $97 million. The report said the two contributions set records for both single and combined donations to a UK political party.
Harborne said Delo’s donation led him to make the same move. He said he wanted Reform UK to be prepared for government and added that he expected "nothing in return." Delo said his donation was meant to help ensure the next general election would be "fairly contested."
Reform UK leader Nigel Farage welcomed the donations. Farage had previously come under scrutiny over accepting large donations and gifts linked to the crypto industry.
The money has also sparked discussion in British politics about the influence of crypto assets on politics and the regulation of political donations.
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