SMH.com.au·4 min read·medium

Bitcoin billionaires give Nigel Farage’s Reform UK £72m in 48 hours

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Sam Tabahriti, William James
Bitcoin billionaires give Nigel Farage’s Reform UK £72m in 48 hours
AI Summary

Cryptocurrency billionaires Christopher Harborne and Ben Delo have donated a combined £72 million to Nigel Farage’s Reform UK party. The donations come as the party prepares for future elections and advocates for pro-crypto policies.

Why it matters

The massive influx of private funding from the crypto sector into a political party raises questions about the influence of digital asset wealth on national political agendas.

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Share A A A London: Cryptocurrency billionaire Christopher Harborne says he has donated £36 million ($67.9 million) to Britain’s anti-immigration Reform UK, matching an already record contribution to Nigel Farage’s party a day earlier as it prepares for the next election.

The donation gives the veteran Brexit campaigner’s party £72 million from two donors in less than 48 hours at a time when it is confronting allegations about irregularities in its funding, which it denies. The donations come amid a resurgence in right-wing politics across Europe since the re-election of US President Donald Trump.

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