{"id":98714,"date":"2026-06-05T15:33:13","date_gmt":"2026-06-05T15:33:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=98714"},"modified":"2026-06-05T15:33:13","modified_gmt":"2026-06-05T15:33:13","slug":"crypto-billionaires-rally-behind-nigel-farage-as-political-stakes-rise","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=98714","title":{"rendered":"Crypto Billionaires Rally Behind Nigel Farage As Political Stakes Rise"},"content":{"rendered":"<div>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Reform UK\u2019s fundraising total climbed sixfold compared to the same period last year, when the party pulled in just $2 million in crypto and other donations. In the first quarter of 2026, it raised $12.5 million \u2014 more than any other British political party.<\/p>\n<h2>A Party Funded By Crypto Money<\/h2>\n<p>Two donors drove most of that haul. Christopher Harborne, who holds a stake in stablecoin issuer Tether, gave $4 million.<\/p>\n<p>Ben Delo, co-founder of crypto exchange BitMEX, gave $5.4 million \u2014 his first-ever donation to <a href=\"https:\/\/www.reuters.com\/world\/uk\/crypto-investors-donations-help-farages-reform-uk-lead-fundraising-race-2026-06-04\/\" target=\"_blank\" rel=\"noopener nofollow\">Reform UK<\/a>. Together, their contributions account for $9.4 million of the party\u2019s Q1 total, based on <a href=\"https:\/\/www.electoralcommission.org.uk\/media-centre\/political-parties-accept-ps247m-donations-q1-2026\" target=\"_blank\" rel=\"noopener nofollow\">data<\/a> released Thursday by the UK Electoral Commission.<\/p>\n<p>Labour and the Conservatives each raised around $5.4 million in the same quarter. Reform\u2019s <a href=\"https:\/\/www.bbc.com\/news\/articles\/cn4pkkpe9ppo\" target=\"_blank\" rel=\"noopener nofollow\">fundraising<\/a> not only outpaced them both but exceeded the combined total from either of the two traditional parties.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-684253\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/06\/a_9b7f5a.png?resize=681%2C531\" alt=\"\" width=\"681\" height=\"531\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/06\/a_9b7f5a.png?w=681 681w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/06\/a_9b7f5a.png?w=539 539w\" sizes=\"(max-width: 681px) 100vw, 681px\"><\/p>\n<h2>Farage\u2019s Pitch To The Crypto World<\/h2>\n<p>Nigel Farage has made his position on <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" target=\"_blank\" rel=\"noopener nofollow\">crypto<\/a> clear. Reform UK was the first British political party to accept Bitcoin donations.\u00a0Farage is a British politician who has been the leader of the Reform UK since 2024.<\/p>\n<p>Farage has also called for capital gains tax on crypto to be slashed from 24% to 10% and wants the Bank of England to build a Bitcoin reserve \u2014 proposals that have drawn attention from the industry on both sides of the Atlantic.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">It\u2019s not just Nigel Farage taking millions from the super-rich. His Reform Party is doing it too.<\/p>\n<p>Reform pocketed \u00a37 million from two crypto billionaires in the first three months of 2026<\/p>\n<p>We need to kick ALL big-money out of politics.<\/p>\n<p>Our democracy should not be for sale!<\/p>\n<p>\u2014 Richard Burgon MP (@RichardBurgon) <a href=\"https:\/\/x.com\/RichardBurgon\/status\/2062566543976779890?ref_src=twsrc%5Etfw\" rel=\"nofollow\">June 4, 2026<\/a><\/p>\n<\/blockquote>\n<p>In the US, crypto-backed political action committees have been spending heavily on midterm election primaries, backing candidates who went on to win.<\/p>\n<p>The pattern mirrors what is now unfolding in Britain, where industry money is flowing toward politicians seen as sympathetic to the sector.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/5tpoWSme\/\" width=\"1634\" height=\"951\"><br \/>\nA Donor Under Scrutiny<\/p>\n<p>Harborne\u2019s relationship with Farage goes beyond party <a href=\"https:\/\/www.independent.co.uk\/news\/uk\/politics\/reform-donations-nigel-farage-christopher-harborne-b2989787.html\" target=\"_blank\" rel=\"noopener nofollow\">donations<\/a>. He separately gave Farage a personal gift of $6.7 million, which is now the subject of a parliamentary standards inquiry into whether it should have been properly declared.<\/p>\n<p>Farage has maintained he had no obligation to register the money, saying it was received before he became a member of parliament and was intended to cover personal security costs. He later said the gift was tied to his role in the Brexit campaign.<\/p>\n<p>The Bigger Picture<\/p>\n<p>The Electoral Commission data shows total political donations across all parties more than doubled compared with Q1 of last year.<\/p>\n<p>Reform\u2019s rise accounts for a significant share of that increase. Harborne\u2019s contributions to the party now total $20 million over the past 12 months, making him one of the largest individual political donors in British politics today.<\/p>\n<p><em>Featured image by Stefan Rousseau\/PA Wire, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Reform UK\u2019s fundraising total climbed sixfold compared to the same period last year, when the party pulled in just $2 million in crypto and other donations. In the first quarter of 2026, it raised $12.5 million \u2014 more than any other British political party. A Party Funded By Crypto Money Two donors drove most of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-98714","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/98714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=98714"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/98714\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}