Reform UK has been given a further £4m from the British crypto billionaire Ben Delo, with the party saying it is confident the formerly Hong Kong-based businessman will not be caught by the new overseas donor cap.

Delo, who was convicted in the US in 2022 for failing to implement adequate anti-money laundering controls in his cryptocurrency business before being pardoned by Donald Trump, has previously given £4m to Reform in January.

His £8m in gifts show the rise of Reform’s mega-donors and make him the party’s second biggest contributor after Thailand based crypto investor Christopher Harborne who has given £15m to the party since the last election, as well as £5m to Farage personally before May 2024.

According to new donation…