Summary
Reform UK received a record £36 million donation from British cryptocurrency billionaire Ben Delo. The donation is the largest single gift to a UK political party and is intended to support the party until 2029, ahead of possible changes to donation rules.Key Facts
- Ben Delo, a British crypto billionaire, donated £36 million to Reform UK.
- This is the biggest single donation ever given to a UK political party.
- Delo plans to give £1 million per month until a possible general election in 2029 but gave all the money upfront.
- Nigel Farage, Reform UK leader, expressed gratitude for the gift.
- Reform UK is under police investigation over alleged foreign funding law breaches, which it denies.
- Farage is also being investigated for not declaring a £5 million gift from a Thailand-based crypto investor.
- There are currently no limits on how much UK-based donors can give, but some limits exist for British citizens living abroad.
- Last year, President Donald Trump pardoned Ben Delo over a US Bank Secrecy Act violation.
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