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Reform UK pulls £9 m crypto, GB News pays £1 m to MPs

6/4/2026

50 10 Full Breakdown

Summary

Story summary

Reform UK raised £9 million from cryptocurrency investors in Q1 2026, double Labour and Conservatives' £4 million each.
The party received £7 million in crypto-linked donations weeks before a £100,000 overseas contribution cap took effect.
Jackie Killeen said parties took £24.7 million in Q1 2026 donations and urged stronger donation laws.
DeSmog found GB News paid over £1 million to Reform MPs, including £700,000 to Nigel Farage.

History

Historical Context

On Jan 21 2010 the Supreme Court’s Citizens United v. FEC decision removed federal limits on corporate and union independent spending, paving the way for unlimited-fund Super PACs that had raised more than $1 billion for federal races by 2012. The precedent now fuels debates in Britain, where Reform UK’s cryptocurrency donations have sparked calls from MP Jackie Killeen for stricter digital-currency rules.

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Story summary

Reform UK raised £9 million from cryptocurrency investors in Q1 2026, double Labour and Conservatives' £4 million each.
The party received £7 million in crypto-linked donations weeks before a £100,000 overseas contribution cap took effect.
Jackie Killeen said parties took £24.7 million in Q1 2026 donations and urged stronger donation laws.
DeSmog found GB News paid over £1 million to Reform MPs, including £700,000 to Nigel Farage.

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