Ben Delo, co-founder of BitMEX, has made a significant donation of £4 million (approximately $5.1 million) to Nigel Farage's Reform UK party. In an opinion piece published in The Telegraph, Delo stated that the donation was made to help establish Reform UK as a credible alternative party. He expressed support for a proposed U.K. government moratorium on political donations in cryptocurrencies, citing the complexities of current regulations. The U.K. Electoral Commission allows crypto donations if they are valued in pounds and donor identities are verified, but the government has announced an immediate moratorium on such donations due to concerns about foreign interference in politics. Delo's contribution follows a previous donation of £9 million made to Reform UK by Christopher Harborne, a notable investor in the crypto space. Farage acknowledged Delo's support on social media, emphasizing the importance of backing for the party.