Tether · United Kingdom · The Block
Crypto billionaires Ben Delo and Christopher Harborne each donate £36 million to Farage’s Reform UK
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Reform UK, the political party led by Nigel Farage, received £72 million ($97.4 million) in donations from two cryptocurrency billionaires over two days, after BitMEX co-founder Ben Delo and Tether investor Christopher Harborne each gave the party £36 million ($48.7 million).
Key facts
- Reform UK, the political party led by Nigel Farage, received £72 million ($97.4 million) in donations from two cryptocurrency billionaires over two days, after BitMEX co-founder Ben Delo and Tether
- Delo, 42, co-founded BitMEX in 2014 with Arthur Hayes and Samuel Reed
- Harborne is a British investor based in Thailand who holds an estimated 12% stake in Tether and has donated millions to Reform since 2025, including a £9 million gift that was then the largest
- As part of his plea, Delo agreed to a $10 million criminal fine and was sentenced to 30 months' probation
Summary
Delo's article said the payment would give Reform a "level playing field" against its opponents. "I believe it is the duty of people with broad shoulders and deep pockets to step up and help Reform to win and govern, rather than allow the British people to be trapped in the political monoculture that is driving this country off a cliff," Delo wrote. Harborne revealed that he matched Delo's donation in his own Telegraph article published Saturday morning. Reform UK leader Nigel Farage said he was "honoured and humbled" by Delo's donation, according to The Guardian.