BitMEX Co-Founder Donates $5.4 Million to Reform UK
- Ben Delo, co-founder of BitMEX, donated $5.4 million (£4 million) to Nigel Farage’s Reform UK party.
- The donation was made before the UK introduced a £100,000 cap on overseas contributions.
- Reform UK is recognized as the most crypto-aligned political party in Britain, accepting cryptocurrency donations and promoting pro-crypto policies.
- Delo was previously convicted in the U.S. for breaching the Bank Secrecy Act due to inadequate anti-money-laundering controls at BitMEX.
- Nigel Farage has advocated for crypto-friendly policies, including lower taxes on digital assets and a national Bitcoin reserve.
Ben Delo’s substantial donation to Reform UK underscores his commitment to influencing British politics through cryptocurrency engagement, highlighting the party’s alignment with crypto industry interests.
This financial backing positions Reform UK as a prominent player in the ongoing debate over crypto and political finance in Britain, emphasizing its role as a potential alternative government party. Source
