UK MP faces ethics probe over £5M donation from crypto investor

Nigel Farage, leader of the right-wing Reform UK party, is facing scrutiny over a £5 million ($6.75 million) donation from prominent crypto investor Christopher Harborne ahead of the UK general election. According to CoinDesk, the UK's Conservative and Labour parties have accused Farage of violating House of Commons rules by failing to declare the funds. In response, the Reform UK party has argued that the money was a personal gift received before Farage was elected as a Member of Parliament, making it exempt from disclosure requirements. The Conservative Party has referred the matter to the parliamentary ethics committee for investigation.