UK authorities continue probe into Nigel Farage’s crypto ‘gifts’ after by-election win
The UK lawmaker declared victory following a by-election, triggering a resumption of an investigation from the parliamentary commissioner for standards into his crypto donations.
The UK's parliamentary commissioner for standards has restarted an investigation into UK Reform leader Nigel Farage following his recent victory in a by-election. The probe centers around allegations that Farage failed to register benefits from crypto donations, including a $6.7 million gift from crypto billionaire Christopher Harborne and funding from George Cottrell, a convicted fraudster linked to a crypto casino.
Farage resigned from Parliament in July but was re-elected as MP for Clacton, prompting the commission to resume its investigation. If found guilty of breaking parliamentary rules, Farage could face suspension from the House of Commons, potentially triggering another by-election. Farage's campaign accepted the donations as "gifts given on an unconditional basis."
The by-election, which Farage won with 63% of the vote, saw no major party candidates participate. Critics, including former Labour leader Keir Starmer, dismissed it as a "desperate stunt." Meanwhile, Labour lawmakers have proposed making a moratorium on crypto donations permanent to prevent potential foreign influence.
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