Reform UK receives record £36m donation from crypto billionaire Ben Delo
Reform UK has received a £36 million donation from Ben Delo, a British cryptocurrency billionaire and co-founder of BitMEX. This is the largest single donation ever made to a UK political party. Delo, who had previously given Reform £8 million, was convicted in the US in 2022 for failing to implement adequate anti-money laundering controls and later pardoned by President Trump. The donation comes amid ongoing police investigations into Reform's funding and a parliamentary inquiry into a separate £5 million gift from another donor. Delo stated he wanted a 'fair fight' and a 'level playing field' for Reform, and announced he would contribute £1 million per month until the next general election, but made the full payment upfront to avoid potential future restrictions on large donations.
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