June 11, 2026
ChainGPT
Crypto billionaire Harborne's £5m gift to Farage sparks scrutiny — Reform UK denies other big donations
Reform UK says it is “not aware” of any other large personal donations to Nigel Farage or senior figures beyond the now‑public £5m cheque from crypto billionaire Christopher Harborne — but the party’s deputy leader admits it can’t audit every member’s bank account.
Richard Tice, who stood in front of reporters at Reform’s first press conference since the Guardian revealed the donation, faced repeated questions about whether other big gifts exist. “None that I’m aware of. The answer is none that any of us are aware of,” he said, adding later: “You’ve got to trust us. Have I checked the bank account of every single one out of thousands of Reform members? No.”
The £5m gift, made before the general election, has put a crypto angle squarely into the spotlight. Tice defended the party’s approach to the issue, insisting neither he nor Farage are dodging scrutiny. He pointed out that Farage was not in politics when the donation was made and said the party believes the payment was within the rules — though he noted the parliamentary standards commissioner is examining the matter and “will form their own judgment in due course.”
When reporters drew a comparison to the case of former Reform Wales leader Nathan Gill — convicted over secretly accepting payments from Russian‑linked agents — Tice rejected the analogy. He said Gill’s payments were a criminal offence, whereas he framed crypto as “part of modern society” and argued for “an innovative and transparent” crypto hub in the City of London. Asked bluntly whether it would have been better for Farage not to accept money from a “crypto bro,” Tice reiterated: “Nigel decided not to do any business with Elon Musk because Nigel’s not for sale. I’m not for sale. None of us are for sale.”
Tice also pushed back on accusations that Reform is avoiding media scrutiny, noting the party regularly fields questions and that Farage has given multiple interviews addressing the donation. He portrayed the leader’s recent absence from press briefings — 50 days at the time — as part of a strategy to “prove we are a growing team” and not evidence of fear. “One thing you can say over the last 30 years is that Nigel Farage is not scared,” he said.
Beyond the donation row, Tice used the event to outline Reform’s domestic priorities, promising to “clean up Britain” and unveiling a national day of litter‑cleaning in early July. He also criticised large fast‑food chains for packaging litter and framed Reform as offering practical, local solutions.
Labour responded sharply. Anna Turley, Labour’s chair, argued that any party promising to “clean up Britain” should begin by “clearing up how their leader failed to declare a secret £5m ‘gift’,” and urged Farage to stop deflecting attention.
As scrutiny continues — both from the press and the parliamentary standards commissioner — the Harborne donation has highlighted the broader questions facing UK politics about wealthy crypto backers, transparency and the rules governing personal gifts to public figures.
Read more AI-generated news on: undefined/news
Related News
SoftBank Tumbles as OpenAI Mulls IPO Delay — Crypto Abuzz Over GPT-5.6...
27 Jun 2026
Ripple CEO Blasts Michael Saylor’s Preferred-Stock Bitcoin Funding, Ca...
27 Jun 2026
Cathie Wood: Capital Flight and Global Instability Could Ignite Bitcoi...
27 Jun 2026
Cathie Wood’s ARK Invest Buys $25.5M of Coinbase, SpaceX and Circle, D...
27 Jun 2026
Senators Demand CFTC Probe Polymarket Over Alleged Staged Trades and M...
27 Jun 2026
Elon Musk’s X launches X Money with Ripple-linked bank — crypto commun...
27 Jun 2026Most Read News
More News
SoftBank Tumbles as OpenAI Mulls IPO Delay — Crypto Abuzz Ov...
Jun 27
Ripple CEO Blasts Michael Saylor’s Preferred-Stock Bitcoin F...
Jun 27
Cathie Wood: Capital Flight and Global Instability Could Ign...
Jun 27
Cathie Wood’s ARK Invest Buys $25.5M of Coinbase, SpaceX and...
Jun 27
Senators Demand CFTC Probe Polymarket Over Alleged Staged Tr...
Jun 27
Elon Musk’s X launches X Money with Ripple-linked bank — cry...
Jun 27
Morgan Stanley: Jobs
Jun 27
EU lawmakers urge assessing DeFi, staking, NFT regulation
Jun 27
SBI to Acquire Bitbank for ¥46.7B, Creating One of Japan’s L...
Jun 27