Trump Pardon Recipient Gives $5.3 Million to Farage’s Reform UK
Ben Delo, BitMEX co-founder and Trump pardon recipient, has donated £4 million ($5.3 million) to Nigel Farage’s Reform UK social gathering.
Delo introduced the contribution in a Telegraph op-ed revealed April 8. He described the donation as his first foray into political activism.
Why a Pardoned Crypto Founder Is Backing Reform UK
Delo co-founded the cryptocurrency derivatives trade BitMEX in 2014. In 2022, he pleaded responsible to violating the US Bank Secrecy Act (BSA) for failing to keep anti-money laundering controls on the platform.
He paid a $10 million civil fine and obtained 30 months of probation. President Donald Trump granted full pardons to Delo and his co-founders, Arthur Hayes and Samuel Reed, in March 2025.
In his op-ed, Delo framed his donation by way of what he known as a disaster of honesty in British public life.
He wrote that Reform UK was the one social gathering keen to confront the nation’s issues immediately.
“Since the beginning of this 12 months, I’ve donated £4m to assist Nigel Farage to construct Reform UK into a real various social gathering of presidency,” The Telegraph reported, citing Delo.
Delo Plans to Bypass Labour’s Overseas Donor Cap
The UK authorities introduced a £100,000 annual cap on political donations from British residents dwelling overseas on March 25. A moratorium on cryptocurrency donations additionally took impact alongside the cap.
The measures adopted an impartial evaluate into international monetary interference in British politics led by former Permanent Secretary Philip Rycroft.
Delo, at the moment based mostly in Hong Kong, stated he’ll relocate to Britain to sidestep the cap and proceed funding Reform’s marketing campaign efforts.
Reform UK has obtained £12 million from Christopher Harborne, a Thailand-based British investor, over the previous 12 months. The new cap may restrict Harborne’s future contributions considerably.
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