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Reform UK won't confirm timing of £72m crypto donations as peers push donation caps

financeSep 14, 2026561,560

Reform UK has accepted two £36 million donations, a total of £72 million, from cryptocurrency billionaires Ben Delo and Christopher Harborne, but the party declined to confirm whether the donors meet UK residency requirements that determine donor eligibility. HuffPost UK reported that Delo has moved back to the UK from Hong Kong and Harborne is registered to vote in Hampshire, though it is unclear whether Harborne still lives in Thailand; donations from people based overseas are impermissible under UK law. On BBC Radio 4's Today programme presenter Nick Robinson pressed Reform deputy leader Richard Tice over whether the donors stand to gain from Reform's policies on crypto regulation and Bank of England oversight; Tice said the party's compliance team is confident both donations are legal. Angela Rayner suggested at least some of the money may have to be returned if donors are not based in the UK, while a Reform spokesman insisted the party is 100 percent confident the donations are legal. Critics and political figures including MPs and trade unions have called for renewed scrutiny of party funding rules, prompting discussion of whether caps or tighter residency tests for large donations should be pursued next in Parliament.

Sarah Murphy
@13sarahmurphy.bsky.social

Two crypto billionaires give Reform £72million in one weekend… to create a “level playing field”… as a “philanthropic gift to the country” Or.. back in the real world… yet more brazen corruption and greed with a strong whiff of treasonous criminality. www.independent.co.uk/news/uk/poli...

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