- Nigel Farage claims a $6.7 million ‘gift’ from crypto billionaire Christopher Harborne was a ‘reward’ for Brexit campaigning.
- Farage faces a parliamentary inquiry over the undisclosed payment and used $1.9 million in cash to buy a house shortly after receiving it.
- Harborne, a major Tether shareholder, has donated over $29.5 million to Farage’s Reform UK party since 2019.
Nigel Farage, leader of the Reform UK party, is defending a $6.7 million payment from cryptocurrency billionaire Christopher Harborne as a “reward” for 27 years of Brexit campaigning, according to an interview with the Sun. This claim comes as Farage faces an official government inquiry for not declaring the payment, which was revealed weeks before he announced his run in the general election. However, Farage previously stated the funds were for security expenses, and Sky News reports he used $1.9 million in cash to buy a house shortly after receiving the gift.
Consequently, this financial relationship has drawn significant scrutiny. Harborne, a major shareholder in the stablecoin Tether, has donated over $29.5 million to Reform UK in seven years, including a $12 million donation in August 2025. One month later, Farage publicly promoted Tether on a talkshow and criticized the Bank of England’s stablecoin policy. Meanwhile, former Reform UK Deputy Leader Ben Habib alleged that Farage and former Prime Minister Boris Johnson were each paid $1.3 million by Harborne to “sew up” the 2019 election.
Farage asserts the payment was an “unconditional basis” and that he “cannot be bought,” having refused money from Elon Musk. Parliamentary rules require MPs to register all financial interests within one month of election, prompting the Standards Commissioner’s investigation. The UK’s Electoral Commission will also decide this week whether to investigate Farage, who claims documents obtained by the Guardian “shouldn’t be in the public domain.”
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