UK Political Parties Call for Investigation into Reform UK Crypto Donations

In brief

  • The UK’s Labour Party and Liberal Democrats have separately written to regulators calling for an investigation into whether the Reform UK has accepted crypto donations.
  • The Liberal Democrats’ letter also urges scrutiny of whether a conflict of interest may have arisen when Reform’s Nigel Farage promoted Tether, which is partly owned by its biggest donor.
  • Nonprofits are also calling for electoral reform that may set limits on donations from individuals.

Political parties in the UK have called for the electoral regulator to investigate after British crypto billionaire Christopher Harborne donated £9 million ($12 million) to Nigel Farage’s Reform UK.

The Liberal Democrats and the Labour Party have separately written to the…

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