BitMEX co-founder Ben Delo gave Reform UK £4 million in April, supplying 72% of the party's Q2 donations

  • Ben Delo gave Reform UK £4 million in April through cash payments of £1 million and £3 million.
  • The donations represented 72% of Reform UK’s £5.55 million in declared private funding for the second quarter.
  • Delo’s 2026 contributions reached £8 million, while Reform UK’s private income fell 44%; its next donation register is due in November.

Electoral Commission records published on Wednesday showed that BitMEX co-founder Ben Delo gave Reform UK £4 million in April through two cash payments of £1 million on April 17 and £3 million on April 30. The donations represented 72% of the 40 contributions declared for the second quarter, which totaled £5.55 million, and exceeded every other gift in British politics that quarter. Delo had already donated £2 million in January and £2 million in March, bringing his 2026 total to £8 million. Thailand-based investor Christopher Harborne gave Reform UK £3 million in January but was absent from the second-quarter register, helping drive the party’s private income down 44% from £9.94 million. Delo received a pardon from President Trump in March 2025 after admitting a Bank Secrecy Act violation in February 2022; BitMEX had failed to maintain proper customer checks and paid a $10 million fine. Farage has faced questions over crypto lobbying rules, while Britain banned crypto asset donations in March and capped overseas donations at £100,000 per year in July, although those rules do not apply to Delo’s cash payments.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.