Reform UKs Nigel Farage Faces Standards Probe Over Tether Billionaires $6.7 Million Gift
U.K. MP Nigel Farage is facing a formal investigation by parliamentary standards authorities for allegedly failing to declare a £5 million personal gift.The donor is Christopher Harborne, a Thailand-based cryptocurrency investor with a 12% stake in stablecoin giant Tether.Farage claimed “no obligation” to declare the gift, which was made in 2024 before he announced his candidacy for parliament. The U.K.s Parliamentary Standards Commissioner is reportedly launching an inquiry into a $6.7 million (£5 million) gift received by Reform U.K. leader Nigel Farage from billionaire Tether investor Christopher Harborne. Farage declared he was under “no obligation” to declare the gift, which was made before he announced his intention to stand in the 2024 general election. “Believe you me, weve looked at this from every legal angle,” he told broadcasters earlier this week. He claimed that the gift from Harborne, who holds a 12% stake in issuer , was to ensure his personal security, stating that it would help “ensure I can be safe for the rest of my life.” A Reform U.K. spokesperson defended the arrangement, telling the BBC that Farage “has always been clear that this was a personal, unconditional gift and no rules were broken.” Harborne, who resides in Thailand and holds Thai citizenship