Crypto Billionaires Pour M into Reform UK, Sparking Political Concerns

Crypto Billionaires Pour $97M into Reform UK, Sparking Political Concerns

Crypto billionaires donate $97 million to Reform UK, raising concerns about money in politics and election integrity.

September 12, 2026 One Min Read

POLICY WIRE — LONDON, United Kingdom — Two cryptocurrency billionaires have donated a combined 72 million pounds ($97 million) to Reform UK, the anti-immigration party led by Nigel Farage, sparking concerns over the influence of wealth in British politics.

The donations, made by Ben Delo, co-founder of BitMEX, and Christopher Harborne, are the largest ever given to a U.K. political party. They have raised alarms among established parties, who warn that such funding could undermine democratic processes and create an uneven playing field.

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Reform UK faces scrutiny over its fundraising practices, with allegations of improper contributions from overseas donors. The party has denied any wrongdoing and pledged to cooperate with ongoing investigations.

Reporting by Policy-Wire (PW)

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