Folded with Adam Bienkov

Folded with Adam Bienkov

Reform UK Is Now a Wholly-Owned Subsidiary of the Corrupt Crypto Industry

As criminal investigations into Reform’s funding continue, much of the British press continues to give a free pass to Nigel Farage’s shady funders

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Adam Bienkov
Sep 12, 2026
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Bitcoin Magazine's Frank Corva holds hands with Nigel Farage as he holds up a copy of his proposed Cryptocurrencies and Digital Finance Bill in Las Vegas.

Last night the Telegraph revealed that the Crypto billionaire Ben Delo has handed a further £36 million to Reform UK, on top of the £8 million he’s already given to the party.

Let’s just remind ourselves of who and what Delo is.

Four years ago Delo pled guilty to what was described as “willfully” breaching US anti-money laundering laws with his Bitmex firm, which was described as being “in effect a money laundering platform”.

Prosecutors accused Delo of being the “leader of a criminal enterprise” who knew that his platform had become a “magnet for money laundering and criminal activity”.

After pleading guilty, Delo received a 30 month probation and $10 million fine, before later being let off the hook by Donald Trump.

However, Delo isn’t the only figure associated with crypto money laundering to bankroll Farage’s party.

Here’s how the corrupt crypto industry bought up Reform UK.

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