The UK political party and its leader, Nigel Farage, have accepted contributions from figures tied to the crypto industry, raising questions about potential influence on policies.
Source: Cointelegraph
BitMEX co-founder contributed 75% of Reform UK’s donations in Q2 2026
During the second quarter of 2026, Arthur Hayes, the billionaire co-founder of the cryptocurrency exchange BitMEX, emerged as the primary financial backer for the United Kingdom's Reform UK party. Hayes contributed an overwhelming 75 percent of the party's total donations during this period, signaling a massive influx of crypto-wealth into British politics. This significant financial injection highlights a growing trend of high-net-worth tech and finance figures seeking to influence the UK's political landscape. The substantial backing is expected to heavily bolster Reform UK's operational capacity and campaign preparations as they gear up for future electoral battles.