British crypto billionaire Ben Delo says he has given £4m to Reform UK

Ben Delo wrote that the ‘regime of nonsense now poses such a grave threat to the UK that, for the first time in my life, I’ve become politically active’. Photograph: Charlie Bibby/FT

A British billionaire convicted in the US for failing to implement adequate anti-money-laundering controls in his cryptocurrency business has given £4m to Nigel Farage’s Reform UK.

Ben Delo, 42, who is now based in Hong Kong, wrote in the Telegraph that he had made the donation since the start of the year, before the government’s cap on donations to political parties by British citizens living abroad.