Farage Faces UK Standards Probe over $7M Gift from Crypto Billionaire
The post Farage Faces UK Standards Probe over $7M Gift from Crypto Billionaire appeared on BitcoinEthereumNews.com. Reform UK leader Nigel Farage is reportedly facing a parliamentary standards inquiry over whether he failed to declare a 5 million pound ($6.7 million) gift from crypto billionaire Christopher Harborne. The UK Parliamentary Standards Commissioner has opened an inquiry into whether Farage breached House of Commons rules by not registering the payment, the BBC reported Wednesday. Farage said he was under “no obligation” to declare the gift from the Reform party backer, which he received before he was elected to the Commons in 2024. Critics argue he should have registered the payment after becoming a member of parliament. The Conservatives wrote to the parliamentary standards watchdog asking it to investigate the matter, according to the BBC. The Conservatives also raised the issue with the Electoral Commission, which is reportedly deciding whether to launch a formal investi