Nigel Farage's Reform UK secures £36m donation from Crypto billionaire

Reform UK leader Nigel Farage at a party press conference in London. File photo. AFP.

London: Nigel Farage’s Reform UK party secured an another £36 million ($49 million) donation after a second crypto tycoon matched a previous record-breaking donation of the same figure on Saturday.

The twin donations come despite anti-immigration Reform being mired in several funding scandals, including one involving the Thai-based British businessman, Christopher Harborne, who made the latest mega-contribution.

News of the gifts follow police earlier this week confirming they had widened a criminal investigation into allegations the party accepted illegal donations, shortly after fresh claims emerged in an undercover sting.

The police announcement ratcheted up the pressure on Farage, who has endured months of intense scrutiny over his party's financial arrangements as well as a separate £5-million personal gift to him from Harborne.

The Reform leader, who has denied any personal or party wrongdoing, has insisted that the money was for his security. Parliament's corruption watchdog is investigating the payment.

Reform had topped national opinion polls since early last year but has seen its lead slip to centre-left Labour in recent months amid multiple funding controversies.

Prime Minister Andy Burnham replacing Keir Starmer in Downing Street in July is also seen as having rejuvenated the ruling Labour's prospects.