Crypto billionaires make record donations to UK political party
Reform UK, the anti-immigration party led by Brexit campaigner Nigel Farage, received $97 million from two cryptocurrency billionaires this weekend. The donations are fueling concerns about money in British politics. After news broke that Ben Delo, a co-founder of the BitMEX cryptocurrency platform, had given $48 million to the party, crypto investor Christopher Harborne on Saturday announced he was matching the donation.
Established political parties quickly warned that unlimited donations from billionaire businessmen risked corrupting elections.
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