Crypto Billionaire Donates £36m to UK Right-Wing Party Amid Ongoing Scandal
Reform UK, a right-wing British political party, has received a record-breaking £36m donation from Ben Delo, a cryptocurrency billionaire. The sum is the largest single donation ever given to a UK political party.
The donation comes as the party faces scrutiny over its finances and potential foreign funding laws breaches. Reform's leader, Nigel Farage, expressed gratitude for the gift, stating he was 'honoured and humbled' by Delo's support.
Ben Delo wrote in the Daily Telegraph that he donated £1m a month between now and 2029 to ensure a 'fair fight and a level playing field.' He also stated that he would give all the money upfront, citing concerns about potential government attempts to limit mega-donations.
The donation has sparked controversy, with Labour accusing Farage of being 'up to his neck in scandal' due to ongoing investigations into Reform's finances. The Liberal Democrats have also called for a cap on political donations, stating that democracy depends on it.