The UK Parliament will investigate Nigel Farage's $6.8 million donation from cryptocurrency billionaire

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Golden Finance reports that on May 14th, the UK Parliamentary Standards Authority is officially investigating Reform UK leader Nigel Farage for failing to report a £5 million donation from crypto billionaire Christopher Harborne. Harborne holds a 12% stake in stablecoin issuer Tether. Farage argued that the donation was used to cover personal security expenses and is exempt from disclosure.
If found to have violated the code of conduct, Farage could face suspension.
A YouGov poll shows Reform UK leading with 28% support, and Farage is expected to become the next Prime Minister.
The UK government suspended political crypto donations in March, and this ban will be incorporated into the People's Representatives Bill.
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