Reform UK gets another £4m from crypto billionaire pardoned by Donald Trump
Summary
Reform UK has received another £4 million donation from British crypto billionaire Ben Delo, who was pardoned by President Donald Trump after a US conviction. This new gift raises Delo’s total contributions to £8 million, making him the party’s second biggest donor after Christopher Harborne.Key Facts
- Ben Delo is a British crypto billionaire formerly based in Hong Kong.
- He was convicted in the US in 2022 for not having proper anti-money laundering controls in his crypto business.
- President Donald Trump pardoned Delo after his conviction.
- Delo has now donated a total of £8 million to Reform UK.
- Christopher Harborne, another crypto investor, is the party’s largest donor, having given £15 million to Reform UK and £5 million personally to Nigel Farage.
- New UK rules limit overseas political donations unless the donor has been on the UK electoral register for 12 months.
- Reform UK believes Delo meets the registration rules and will not need to return any donations.
- Other parties like Labour and the Conservatives received smaller donations in the same quarter.
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