Two crypto billionaires each donated $48.7 million to the UK’s Reform Party, tying for the record for the largest individual political donation in British history.
53 minutes ago
Crypto investor Christopher Harborne donated £36 million (approximately $48.7 million) to Nigel Farage-led UK Reform UK on Saturday, matching the amount of BitMEX co-founder Ben Delo’s donation the previous day. The two crypto billionaires combined to give £72 million (roughly $97.4 million) within 24 hours, with the two contributions tied as the largest individual political donations in UK party history. Harborne, an investor in stablecoin issuer Tether and crypto exchange Bitfinex, stated he is not seeking a peerage or policy adjustments. Nigel Farage said the funds will help Reform UK contest the next UK general election. Reports did not clarify if the latest donation was made in cryptocurrency; Harborne’s prior £9 million donation was in cash. The Metropolitan Police is currently investigating allegations related to political donations to Reform UK. Farage is also under parliamentary standards scrutiny over a £5 million personal grant he received from Harborne before being elected as an MP in 2024, with both Reform UK and Farage denying any wrongdoing.
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