Overview
- Delo, the Hong Kong‑based BitMEX co‑founder, said Wednesday in a Telegraph op‑ed that he will move back to Britain so he can donate millions more to Reform UK.
- He has already given £4 million this year and urged other wealthy Britons living abroad to relocate and help build a larger campaign fund for Nigel Farage’s party.
- The Labour government set a £100,000 annual cap on donations from Britons living overseas and imposed a temporary ban on cryptocurrency contributions after an interference review.
- That review, led by former civil servant Philip Rycroft, warned that Iran, Russia and China pose real and persistent risks to UK democracy by exploiting gaps in campaign finance rules.
- Reform has depended on big expat money, including multi‑million‑pound gifts linked to Thailand‑based investor Christopher Harborne, and Farage welcomed Delo’s plan as help to recruit talent and prepare a policy programme.