🏛️ Crypto's biggest UK bet yet

Ben Delo co-founded BitMEX — the exchange US prosecutors charged in 2020 for banking violations. He paid a $10 million fine, skipped prison, and got a Trump pardon in March 2025.

Now he's handed Nigel Farage's Reform UK £36 million in one upfront transfer — timed to beat pending legislation that could ban crypto donations outright. Per DPA, it's the largest single donation in British political history.

Farage was already under investigation last month over crypto-linked gifts from two other industry figures, with Labour pushing for a permanent ban. This won't slow that push down.

Crypto is buying political access on both sides of the Atlantic. Britain just hasn't decided yet whether to stop it.

Cointelegraph