Reform UK given record £36m donation by British crypto billionaire
Ben Delo was convicted in US for failing to implement adequate anti-money laundering controls but pardoned by Trump
TL;DR
- Ben Delo, a British cryptocurrency billionaire, has made a record £36 million donation to Reform UK.
- Delo was convicted in the US in 2022 for failing to implement adequate anti-money laundering controls for his company BitMEX, but was later pardoned by Donald Trump.
- This donation makes Delo the largest political donor in the UK by a significant margin.
- The donation provides a considerable boost to Reform UK and its leader Nigel Farage, especially amidst ongoing police investigations into the party's overseas funding.
- The substantial contribution has intensified discussions regarding the impact of 'mega-donations' on British politics and potential regulatory measures.
- Delo stated his motivation for supporting Reform UK is due to his belief that the country is in decline and that the 'entrenched self-deception of our elites' is the main obstacle to recovery.
- Reform UK expressed honor and confidence in Delo's donation, with Farage stating Delo believes Reform is the only party that can reverse Britain's decline.