Ben Delo, co-founder of cryptocurrency exchange BitMEX, has donated 4 million pounds ($5.1 million) to Nigel Farage's Reform UK party. In an opinion piece for The Telegraph, Delo stated that the donation, made since the start of the year, aims to support Reform UK as a viable alternative government party. While the currency type of the donation was not specified, Delo expressed support for a proposed U.K. moratorium on crypto donations due to regulatory complexities. The U.K. Electoral Commission's guidance, updated on April 7, 2026, treats crypto donations as non-monetary and requires valuation in pounds at receipt. The government plans to introduce a moratorium on crypto donations, potentially retroactive from March 25, 2026, though no legal changes have been enacted. Prime Minister Keir Starmer's government recently announced an immediate halt on crypto donations to political parties, citing risks of foreign interference. Nigel Farage acknowledged Delo's support, highlighting the determination of backers like him.