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Nigel Farage’s Reform UK just got a £9 million injection of crypto cash. Christopher Harborne, a shareholder in both Tether and Bitfinex, just made one of the largest political donations in UK history, bankrolling the right-wing party with a cool $12 million.
Reform UK’s coffers swelled this year, buoyed by a £500,000 injection from a property magnate, £100,000 from a shrewd investment firm founder, and a notable £50,000 contribution from Viscountess Rothermere – whose husband helms the Daily Mail, Britain’s media behemoth.
Harborne’s generosity in the political arena is noteworthy. DonationsWatch reveals a staggering £21 million ($28 million) poured into political coffers. Reform UK, previously known as the Brexit Party, emerged as the prime beneficiary, securing a hefty £19.1 million slice of that pie.
The Conservatives have received over£1.6 million from Harborne.
Read more: Christopher Harborne, Bitfinex shareholder, sues Wall Street Journal
Harborne’s contribution paled only in comparison to the posthumous generosity of John Davan Sainsbury, whose 2023 will bequeathed a staggering £10 million to the Conservatives.
Farage attacks Bank of England after backing by Harborne
A Byline Times investigation reveals a Harborne donation to Farage in August. Fast forward a month: Farage champions Tether, the stablecoin titan worth billions, on LBC. His target? The Bank of England and its stablecoin crackdown. Coincidence?
“Nigel Farage dropped a bombshell on LBC, revealing the Bank of England’s potential clampdown on stablecoins: a £10,000 limit per person. The reaction? According to Farage, some of his circle are already joking about packing their bags and leaving the country.”
Byline Times noted that Farage didn’t make any financial disclosures during his LBC appearance about Harborne, or these “friends.”
Read more: Bitfinex, Tether shareholder paid $40K for Farage to visit Trump after rally shooting
Harborne, known in Thai circles as Chakrit Sakunkrit, once fueled Nigel Farage’s transatlantic ambitions, bankrolling the controversial politician’s trip to Donald Trump’s inauguration.
William Harborne, continuing the family’s innovative streak, now steers Rhino.fi as its CEO. This stablecoin infrastructure firm, formerly known as Ethfinex and sibling to crypto giants Bitfinex and Tether, recently forged a key alliance with Tether itself, solidifying its position in the digital finance landscape after its spin-out.
Farage aide linked to gambling syndicate
Whispers are swirling, connecting George Cottrell, a key advisor in Nigel Farage’s inner circle, to a high-stakes gambling ring allegedly orchestrated by none other than Tony Bloom, the billionaire betting baron.
Court filings allege Cottrell was merely a puppet, his betting accounts conduits for a syndicate’s high-stakes gambling.
Read more: Nigel Farage said shady alleged crypto ATM owner is ‘like a son to me’
Cottrell’s past is a tapestry woven with threads of political extremism and financial deceit. His association with Nigel Farage during Farage’s tenure at the helm of UKIP, a party known for its far-right ideologies, casts a long shadow. But the intrigue doesn’t end there. In 2016, Cottrell’s narrative took a darker turn with a conviction for wire fraud, adding a layer of criminal behavior to his already controversial profile.
Based on evidence revealed during the investigation, Cottrell allegedly tried to launder £120,000 a month in drug trafficking proceeds.
Cottrell’s mother, Fiona Cottrell, has alsodonated £750,000 to Reform UK since 2024.
Reform UK, in a bid to solidify its pro-crypto credentials, opened its coffers to digital currency donations this year. But the winds are shifting. Brace yourselves: Labour is reportedly poised to slam the door shut on crypto in politics, potentially outlawing digital asset donations altogether.
Crypto’s shadowy anonymity fuels worries that untraceable donations could become a backdoor for foreign meddling in elections.
Thanks for reading Tether shareholder Christopher Harborne gifts £19M to Farage’s Reform UK
