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News Wire / politics

Crypto Billionaires Fund Reform UK

BBC Radio 4 London 14d13d Impact 5
A British cryptocurrency investor based in Thailand provided £12 million to Reform UK. The source noted a separate £5 million payment to Nigel Farage occurred in early 2024, a few months before the general election. This specific payment does not appear on Mr. Farage's register of interest, which Reform UK claims is because it was a personal matter. Crypto billionaires provide two-thirds of all Reform UK funding, according to a report on the party's finances. One billionaire has provided funding to Nigel Farage. The party proposes cutting taxes for cryptocurrency traders and opening London's financial gates to the sector.

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Reform UK cryptocurrency political funding

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Sources · 7 independent

BBC Radio 4

“a British cryptocurrency investor based in Thailand, who gave reform £12 million.”

BBC Radio 4

“A British cryptocurrency investor based in Thailand, who gave reform £12 million. ... This payment doesn't appear on Mr. Farage's register of interest. Reforms say that's because it was a personal.”

Times Radio UK

“these crypto billionaires provide two-thirds of all reforms funding. And in exchange, I have to say, it's a good investment because reform proposes to throw open London's gates to them, to cut taxes for for people trading in cryptocurrency.”

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