{"id":71136,"date":"2026-04-14T18:13:17","date_gmt":"2026-04-14T18:13:17","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/uk-opposition-urges-watchdog-to-probe-nigel-farages-crypto-dealings-crypto-news-bitcoin-news\/"},"modified":"2026-04-14T18:13:17","modified_gmt":"2026-04-14T18:13:17","slug":"uk-opposition-urges-watchdog-to-probe-nigel-farages-crypto-dealings-crypto-news-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/uk-opposition-urges-watchdog-to-probe-nigel-farages-crypto-dealings-crypto-news-bitcoin-news\/","title":{"rendered":"UK Opposition Urges Watchdog to Probe Nigel Farage\u2019s Crypto Dealings \u2013 Crypto News Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>Liberal Democrats urged the FCA to probe Nigel Farage over a $2 million <span>bitcoin<\/span> promotion video on April 13.<\/li>\n<li>A record $12 million <span>crypto<\/span> gift to Reform UK sparked new U.K. bans on untraceable election donations.<\/li>\n<li>The FCA may review whether Stack <span>BTC<\/span> promos mislead fans into risky assets, mimicking Donald Trump\u2019s 2024 tactics.<\/li>\n<\/ul>\n<h2>Allegations of Market Abuse<\/h2>\n<p>The U.K. opposition Liberal Democrats have called on the Financial Conduct Authority (FCA) to investigate opposition leader Nigel Farage\u2019s <span>cryptocurrency<\/span> dealings. In a letter to FCA CEO Nikhil Rathi, the party cited a Stack <span>BTC<\/span> promotional video featuring Farage buying $2 million worth of <span>bitcoin<\/span>.<\/p>\n<p>Daisy Cooper, the Liberal Democrats\u2019 deputy leader, said the video raises \u201cextremely serious\u201d questions about market abuse and conflicts of interest because Farage only invested $288,000 (\u00a3215,000) weeks earlier. According to a <span>Bitcoin.com<\/span> News <a href=\"https:\/\/news.bitcoin.com\/uk-bans-all-cryptocurrency-donations-to-political-parties\/\">report<\/a> in late March, Farage became a significant shareholder in Stack <span>BTC<\/span>\u2014chaired by former Chancellor of the Exchequer Kwasi Kwarteng\u2014after purchasing 4.3 million shares.<\/p>\n<p>Cooper also pointed to an approximately $12 million <span>cryptocurrency<\/span> donation Reform UK, the party Farage leads, received from businessman Christopher Harborne. The donation has been described as the largest of its kind in U.K. history.<\/p>\n<p>\u201cTaken together, these facts beg the question whether Mr Farage is promoting <span>cryptocurrencies<\/span> through his political platform in order to inflate <span>crypto<\/span> values for his own financial benefit, as well as that of his party and his inner circle of donors,\u201d Cooper wrote in the April 13 <a href=\"https:\/\/x.com\/libdemdaisy\/status\/2043765903171416527\" target=\"_blank\" rel=\"noopener noreferrer\">letter<\/a>.<\/p>\n<p>Cooper claimed that Farage, whose party reportedly leads in polls, has already admitted Reform UK\u2019s support of the <span>crypto<\/span> industry was a mutually beneficial trade.<\/p>\n<p>The Liberal Democrats\u2019 push for an FCA probe came weeks after the Keir Starmer government banned <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">cryptocurrency<\/a> donations to \u201cprevent bad actors using untraceable means of influencing elections.\u201d The ban followed weeks of <a href=\"https:\/\/news.bitcoin.com\/uk-lawmakers-push-for-crypto-donation-ban-as-election-security-fears-mount\/\">pressure from lawmakers<\/a> urging the government to act.<\/p>\n<p>Beyond conflict-of-interest concerns, Cooper\u2019s party argued that Farage\u2019s <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> dealings may be an attempt to replicate U.S. President Donald Trump\u2019s playbook. Cooper also warned that Farage\u2019s position as an opposition leader could persuade supporters to invest large sums in <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-volatility\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volatile<\/a> <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> assets, exposing them to significant financial risk.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/uk-opposition-urges-watchdog-to-probe-nigel-farages-crypto-dealings\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Liberal Democrats urged the FCA to probe Nigel Farage over a $2 million bitcoin promotion video on April 13. A record $12 million crypto gift to Reform UK sparked new U.K. bans on untraceable election donations. The FCA may review whether Stack BTC promos mislead fans [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":71137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71136"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71136"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71137"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}