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Farage faces probe over crypto billionaire gift

Farage faces probe over crypto billionaire gift

Parliamentary standards watchdog formally launched a probe into Nigel Farage over an undeclared £5M gift tied to crypto donations.

Summary

  • Parliamentary Standards Commissioner Daniel Greenberg has opened a formal inquiry into whether Farage breached the Commons Code of Conduct.
  • The £5M came from Christopher Harborne, a Thailand-based investor who holds a 12% stake in Tether and has given over £22M to Reform UK.
  • The UK government banned political crypto donations in March 2026 after the Rycroft Review warned that digital assets could channel foreign money into elections.

The investigation centers on a £5 million payment Farage received from Christopher Harborne…

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