BitMEX co-founder contributed 75% of Reform UK’s donations in Q2 2026

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Ben Delo's Contributions to Reform UK":"Ben Delo, the co-founder of BitMEX, made two significant contributions to Reform UK in the second quarter of 2026. The first contribution was 1 million pounds, equivalent to approximately $1.3 million, and the second was 3 million pounds, or about $4 million. These donations accounted for 74% of all funds reported in the second quarter of 2026. Nigel Farage, the leader of Reform UK, has been under investigation for receiving millions of dollars in donations from figures tied to the crypto industry. The contributions from Delo and others have sparked discussions about the influence of digital assets on UK politics.","

Nigel Farage's Investigation and Resignation":"Nigel Farage, the leader of Reform UK, has been under investigation for receiving donations from figures associated with the crypto industry. In July, Farage resigned his position as a member of parliament amid the crypto scandal. The controversy led to a by-election, where Farage won 63% of the vote, ahead of a satirical candidate. The contributions from crypto-industry figures have raised concerns among lawmakers about the influence of digital assets on UK politics.","

Regulatory Response":"In response to the crypto donations, Labour MPs have considered imposing a moratorium on crypto donations, which was initially imposed in March. The UK crime agency has also frozen $13.5 million in response to the crypto scandal. The involvement of prominent figures in the crypto industry, such as Ben Delo, has brought attention to the need for stronger regulatory measures to prevent potential misuse of digital assets in political donations."}