Did crypto billionaire buy himself an election win in the UK?

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Last Updated on 30 April 2026 by CryptoTips.eu

Scandal in the United Kingdom as it became clear that Christopher Harborne, a British crypto billionaire living in Thailand, donated some £5 million to Nigel Farage, causing the latter to change his mind about participating in a by-election back in 2024. Following the donation, Farage registered for the election and won a seat in Parliament. At this moment, he is the frontrunner to become the new British Prime Minister.

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Christopher Harborne is a British businessman who amassed his fortune through a minority stake in Bitfinex (the well-known crypto platform) and Tether (issuer of the world’s largest stablecoin, USDT). In 2019, he gave millions of pounds to Nigel Farage’s so-called Brexit Party, but in 2024, just before a local election, he gave about 5 million pounds to Farage personally.

Farage announced 24 hours after receiving the funds that he would stand for election for the parliamentary seat in Clacton-on-Sea, which he promptly won.

Afterwards, he founded ‘Reform’, which has managed to lure more and more voters away from the Conservatives.

At this moment, it appears that Farage would become the new British Prime Minister if elections are held.

The British press is therefore in an uproar now that it has emerged that the largest donor to the (potentially) new Prime Minister is a crypto-billionaire living in Thailand.

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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