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Crypto investor pardoned by Trump donates record $48.7 mln to UK's Reform Party
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On September 11, Reuters reported that cryptocurrency investor Ben Delow, co-founder of trading platform BitMEX, will donate a record 36 million pounds ($48.7 million) to Britain's populist Reform UK party. The donation provides significant financial support to Nigel Farage's party as it seeks to challenge Britain's two main mainstream parties at the next election. Delow, who was convicted of violating bank secrecy in the United States and later pardoned by U.S. President Donald Trump, has already donated 4 million pounds in the last quarter, becoming the largest donor to Reform UK. The article was corrected to specify Friday instead of Thursday. Reporting was by Carlos Mendez in Mexico City and Elizabeth Piper in London, with editing by Chris Reese.
Source report
September 11 (Reuters) — Cryptocurrency investor Ben Delow announced on Friday that he will donate a record £36 million ($48.7 million) to Britain's populist Reform UK party, delivering a major financial boost to Nigel Farage's party as it seeks to challenge the country's two main mainstream parties at the next election.
Delow, co-founder of the cryptocurrency trading platform BitMEX, was convicted of violating bank secrecy laws in the United States and later pardoned by U.S. President Donald Trump. He has already donated £4 million in the last quarter, making him the largest donor to Reform UK.
Exchange rate: 1 USD = 0.7394 GBP
(This article has been corrected to read Friday, not Thursday, see paragraph 1.)
Reporting: Carlos Mendez in Mexico City, Elizabeth Piper in London Editing: Chris Reese
Source: Reuters
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