Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Crypto Investor Donates $12M to UK's Reform Party

Crypto Investor Donates $12M to UK's Reform Party

CryptoNewsNetCryptoNewsNet2025/12/04 18:54
By:coindesk.com

A cryptocurrency investor has made a donation of 9 million pounds ($12 million) to U.K. political party Reform, according to a filing by the Electoral Commission on Thursday.

The donation by Christopher Harborne, a Thailand-based entrepreneur who has invested in stablecoin issuer Tether and crypto exchange Bitfinex, according to a Financial Times report, has been described by various outlets as the single biggest donation to a U.K. political party by a living person. The outright record of 10 million pounds was a donation by Lord John Sainsbury to the Conservative party in his will in 2022.

Harborne previously donated to Reform, led by Nigel Farage in 2019, when it was called the Brexit Party, and has also donated to the Conservatives over the years.

The donation meant Reform received more in donations than any other U.K. party in the third quarter of 2025.

Nigel Farage, whose party has led the polls for much of this year, has attempted to court the crypto vote by accepting donations in cryptocurrency and vowing to establish a bitcoin BTC$92,444.98 reserve if electing to government.

Harborne's donation was in cash, not crypto.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ZEC Value Rises 5.73% as Short Sellers Adjust Positions During Market Fluctuations

- ZEC surged 5.73% in 24 hours to $385.59, defying 9.19% weekly/monthly declines but rising 590.63% annually amid market turbulence. - "Calm Long King" trader increased ZEC short positions to $2.51M (10x leverage) with a $20K unrealized gain, contrasting losses in BTC and SOL shorts. - The trader's $17.29M ZEC short exposure reflects volatile market dynamics, with leveraged positions showing mixed gains/losses as crypto prices swing sharply. - ZEC's 24-hour rebound highlights risks for short sellers in a m

Bitget-RWA2025/12/05 06:30
ZEC Value Rises 5.73% as Short Sellers Adjust Positions During Market Fluctuations

ZEC Rises 4.77% Amid Increased Short Positions and Market Rebound

- ZEC surged 4.77% in 24 hours to $386.31, with a 584.4% annual gain despite recent declines. - A prominent trader increased ZEC short positions to $17.29M, showing a $20k gain but larger losses in BTC and SOL. - Market recovery and short-position adjustments highlight ZEC’s volatility, with analysts warning of potential downward pressure if prices rise further.

Bitget-RWA2025/12/05 06:08
ZEC Rises 4.77% Amid Increased Short Positions and Market Rebound

ALGO Falls 1.01% While Investors Anticipate Crucial U.S. Inflation Report

- Algorand (ALGO) fell 1.01% in 24 hours to $0.1372, but rose 0.44% weekly/monthly amid market uncertainty. - Investors focus on U.S. inflation data and Fed policy, with Chair Powell signaling cautious rate-cut approach for 2026. - Earnings reports from Airbnb , Coca-Cola , and Coinbase will shape sector sentiment, while unrelated lawsuits impact PRGO and ALVO. - Global volatility in travel/aviation sectors and India's IndiGo disruptions highlight broader market risks unrelated to crypto.

Bitget-RWA2025/12/05 06:08
ALGO Falls 1.01% While Investors Anticipate Crucial U.S. Inflation Report

BCH has increased by 32.06% over the past year as the market remains steady

- Bitcoin Cash (BCH) fell 0.19% in 24 hours but rose 32.06% annually, reflecting strong long-term demand and institutional interest. - Analysts highlight BCH's resilience amid stable trading ranges, driven by cross-border transactions and micropayments adoption. - Sustained 6.1% gains over 30 days and 7-day periods underscore BCH's role as a high-utility altcoin in diversified portfolios. - Market stability and growing mainstream recognition position BCH for continued performance amid broader crypto sustai

Bitget-RWA2025/12/05 06:08
BCH has increased by 32.06% over the past year as the market remains steady
© 2025 Bitget