Reform UK received 75% of Q2 donations from BitMEX co-founder

BitMEX co-founder Ben Delo has supplied £4 million ($5.4 million), or about 75%, of the £5.3 million raised by Reform UK during the second quarter of 2026. Summary Ben Delo gave Reform UK £4 million through two donations made in April. Delo’s contributions accounted for about 75% of the party’s second-quarter funding. Reform UK raised more than Labour and the Conservatives from April through June. President Donald Trump pardoned Delo and two other BitMEX co-founders in March 2025. Ben Delo supplied most of Reform UK’s Q2 funding Electoral Commission records published on Sept. 3 showed that Delo made two cash donations to Reform UK in April, giving the party £1 million and £3 million in separate transactions. Together, the contributions accounted for roughly three-quarters of the £5.3 million that Reform reported between April and June. The total was equivalent to about $7.1 million based on the exchange rate cited by Reuters, while Delo’s share was worth approximately $5.4 million. Reform collected more private donations during the quarter than Britain’s governing Labour Party and the opposition Conservatives, Reuters reported. Labour received about £3.6 million, while the Conserva...