In brief
- Christopher Harborne, who holds a 12% stake in Tether, gave Nigel Farage an undisclosed £5 million personal gift in 2024.
- The payment was intended to cover security costs for the Reform UK leader, Farage said.
- The revelation emerges weeks after the UK banned political crypto donations over transparency concerns.
Christopher Harborne, a billionaire with a 12% stake in USDT stablecoin issuer Tether, gave Nigel Farage a previously undisclosed $6.7 million (£5 million) gift in 2024.
The donation, first reported in The Guardian, was to pay for his personal security, Farage later told The Daily Telegraph.
The payment was reportedly structured as a personal gift and was never officially disclosed under UK campaign finance laws. At the…
