Key facts
- Reform UK received £7 million ($9.4 million) from two crypto billionaires.
- Christopher Harborne donated $4 million, with ties to Tether.
Reform UK received £7 million ($9.4 million) from two crypto billionaires, Christopher Harborne and Ben Delo, in the first quarter, surpassing donations to Labour and Conservative parties. Harborne has ties to Tether, while Delo co-founded BitMEX.

Reform UK has received £7 million ($9.4 million) in donations from two cryptocurrency billionaires during the first quarter, significantly boosting its funds and surpassing the amounts raised by the Labour and Conservative parties. The donations include $4 million from Christopher Harborne, who has a stake in the stablecoin issuer Tether, and $5.4 million from Ben Delo, a co-founder of the crypto exchange BitMEX. This financial influx comes as the party, led by Nigel Farage, aims to gain traction ahead of potential elections. Data released by the Electoral Commission on Thursday confirmed these figures, showing that Labour and the Conservatives each received approximately $5.4 million in the same period.
The substantial donations from crypto billionaires to Reform UK highlight the growing influence of the cryptocurrency industry in political funding and could impact the UK's regulatory approach to digital assets.