Christopher Harborne, a Thai-based UK billionaire, made headlines for donating millions to Reform UK and suing WSJ over defamation.
Nigel Farage has invested £215,000 in Stack BTC, a London-based crypto company chaired by ex-Chancellor Kwasi Kwarteng. The investment, part of a £260,000 fundraise, gives Farage a 6.3% stake. The move aligns with Reform UK's pro-crypto stance amid UK regulatory changes.
The UK government has announced a moratorium on political donations via cryptocurrencies and introduced caps on donations from British citizens abroad. The move follows a review highlighting persistent foreign interference, including influence from Russia, China, Iran, and foreign-funded online ads. Reform UK faces calls to return crypto donations from overseas sources.
The Guardian and others have reported that Reform UK leader Nigel Farage has received £5 million from crypto billionaire Christopher Harborne ahead of the 2024 election, with Farage saying the money was for personal security. The Telegraph has published Farage’s admission, prompting questions about disclosure and potential parliamentary standards consequences. Separately, Farage has cited a firebombing as a security concern in early 2025.