BitMEX co-founder donates $5 million to Nigel Farage’s Reform UK party
CoinDesk·2h ago·Neutral
What Happened
Ben Delo, BitMEX co-founder, donated 4 million pounds ($5.1 million) to Nigel Farage's Reform UK party since early 2024. He expressed support for a proposed UK government moratorium on cryptocurrency political donations. The UK Electoral Commission states crypto donations are currently legal but must be valued in pounds. The government announced an immediate moratorium on crypto donations, citing concerns about foreign interference and obscured donation origins.
Key Entities
Ben DeloBitMEXReform UKNigel FarageUK Electoral CommissionKeir StarmerUK GovernmentChristopher Harborne