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Why Reform is making headlines over record donations

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Reform is trending because Reform UK has received two £36m donations in two days from cryptocurrency billionaires, with Christopher Harborne matching a record contribution from Ben Delo. The matching gifts are the central development behind the latest coverage. Party leader Nigel Farage says he is humbled by the contributions. The reports initially focused on Delo’s donation, before attention shifted to Harborne giving the same amount.

The coverage also highlights Delo’s legal history. The British cryptocurrency billionaire was convicted in the United States for failing to implement adequate anti-money laundering controls, but was pardoned by Trump. That background is being reported alongside the record size of his donation. Taken together, the two large contributions, the donors’ cryptocurrency connections and Delo’s conviction and pardon explain why Reform UK is attracting news attention right now.

The coverage

Reform receives second £36m donation in two days as crypto investor matches record
PoliticsBBC Politics2 outlets

Reform receives second £36m donation in two days as crypto investor matches record

Ben Delo was convicted in US for failing to implement adequate anti-money laundering controls but pardoned by Trump Reform UK has been given a record £36m donation by Ben Delo, a British cryptocurrency billionaire convicted in the US for failing to implement adequate anti-money laundering controls. The businessman, who has moved back to the UK from Hong Kong, is now the biggest UK political donor by far, dwarfing the £15m contribution to Reform UK from Thailand-based Christopher Harborne. Continue reading...

This explainer is written from the reports listed above. Follow any headline for the original coverage.