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Crypto investor pardoned by Trump donates £36 million to Farage's Reform UK
CNA • • world
Key Points:
- Crypto investor Ben Delo pledged a record £36 million to Britain's populist Reform UK party, donating £1 million monthly ahead of the next national election to help the party prepare for government.
- Delo, co-founder of BitMEX and previously convicted but pardoned in the US, emphasized the need for Reform UK to focus less on fundraising and more on developing policies and legislation to be ready for governance.
- Reform UK, led by Nigel Farage, has experienced declining support amid allegations of illegal foreign donations, but Farage welcomed Delo’s contribution as a sign of confidence in the party's ability to reverse Britain's decline.
- The £36 million donation significantly surpasses the previous record political donation of £10 million and highlights Delo’s long-standing financial support for Reform UK, totaling £44 million.
- Delo acknowledged the challenges Reform faces under scrutiny and expressed his desire to back a party he believes can win and govern effectively despite reputational risks.
