Crypto Billionaire Ben Delo Backs Reform UK with £4m Donation
The British political landscape is seeing a significant shift in funding as cryptocurrency billionaire Ben Delo announces a £4m donation to Reform UK. Delo, the co-founder of the trading platform BitMEX, framed his contribution as a move to support Nigel Farage in building a "genuine alternative party of government."
Based in Hong Kong but planning a return to the UK, Delo stated that his motivation stems from a desire to challenge what he describes as the "entrenched self-deception" of the current political elite. A self-described champion of free speech, Delo’s donation arrives just ahead of new government caps on political contributions from British citizens living abroad.
Despite a previous legal history in the US regarding anti-money-laundering controls—for which he later received a presidential pardon from Donald Trump—Delo remains a prolific donor. His influence extends through "The Sanctuary," a Westminster-based hub providing resources for various political and philanthropic projects.
Nigel Farage welcomed the support, noting that Delo’s background as a "visionary and problem-solver" aligns with Reform UK’s mission to develop a comprehensive programme for government. As Reform UK continues to gain momentum in the polls, this substantial financial backing marks a pivotal moment for the party’s infrastructure and national reach.
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