Crypto Billionaires Bankroll Farage's Reform UK with £7M Q1 Donations

On 5 June 2026, reports highlighted that crypto billionaires Christopher Harborne and Ben Delo donated a combined £7 million to Nigel Farage's Reform UK in Q1 2026, reinforcing the party's third-quarter fundraising lead. The surge follows earlier disclosures on 4 June showing £9.3 million total raised, with roughly 75% from crypto sources, prompting the UK government to impose a crypto donation moratorium and £100,000 overseas cap. Reform's pro-crypto platform, including proposed capital-gains tax cuts and a Bank of England Bitcoin reserve, now faces heightened regulatory scrutiny even as the inflows signal growing political influence for the sector.