Crypto derivative exchange, owned by HDR Global Trading Limited in the Seychelles.
The Representation of the People Bill is under debate as MPs push to tighten rules on political donations and spending. The debate comes amid revelations of large crypto-linked contributions to Reform UK and scrutiny of foreign influence, with Labour urging a universal, tight cap on donations. The government has introduced a moratorium on crypto donations while considering new checks on donor legitimacy.
Crypto billionaires Ben Delo and Christopher Harborne have poured tens of millions into Reform UK, promising a “fair fight” and backing ahead of the next general election. The gifts come amid ongoing police and parliamentary investigations into party funding and donor disclosure.
Donors Ben Delo and Christopher Harborne have pledged record sums to Reform UK, aiming to level the playing field ahead of the next general election. The support follows investigations into Reform’s finances and questions about foreign donations, with the party insisting donations are for a party ready for government.
Two crypto billionaires have donated 72m to Reform UK, triggering a debate over caps on overseas and domestic political contributions as Parliament considers the Representation of the People Bill. The government is pushing to tighten rules while reform argues donations are legal. The story is developing as Lords debate the bill.
The UK debates overseas and domestic political donations after crypto billionaires Ben Delo and Christopher Harborne each donate 27m to Reform UK. Government plans to cap donations by Britons living abroad backdated to March 25 and to tighten rules on foreign influence are being scrutinised as MPs warn of a potential Americanisation of UK politics.