The Guardian | Political donations are poison to our democracy – but there’s an easy antidote to that | George Monbiot by George Monbiot

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Political donations in the UK have become a corrosive force that erodes public trust and fuels cynicism, as the current system allows a handful of ultra‑wealthy individuals—such as Christopher Harborne, who has given over £22 million to Reform UK, and crypto billionaire Ben Delo, who contributed £4 million—to wield disproportionate influence without any caps or effective oversight. Investigations reveal that both Reform UK and the major parties receive lavish funding from donors hostile to climate action and other public interests, while regulatory bodies are under‑funded, investigations have plummeted, and penalties for breaches are trivial, leaving the electorate disengaged and increasingly drawn to extremist options. Monbiot argues that the solution is to eliminate private donations altogether, replacing them with a modest, uniform membership fee (e.g., £25) that the state matches at a fixed multiple, thereby limiting party budgets, restoring transparency, and forcing politicians to focus on building a broad, engaged membership base rather than courting wealthy patrons. This radical reform would curb both domestic and foreign donor influence, simplify funding rules, and return political power to ordinary citizens.

Read more: https://www.theguardian.com/commentisfree/2026/apr/30/political-donations-poison-democracy-antidote-reform-uk

#GeorgeMonbiot #ReformUK #ElectoralCommission #cryptocurrencies #politics #ChristopherHarborne #BenDelo

Political donations are poison to our democracy – but there’s an easy antidote to that

As revelations about Reform UK’s donors emerge, it’s clear that increasingly complex forms of patronage can’t be regulated effectively. We need a clean sweep, says columnist George Monbiot

The Guardian

The Guardian | British crypto billionaire Ben Delo says he has given £4m to Reform UK by Rowena Mason Whitehall editor

Delo, pardoned by Trump after violating US banking law, describes himself as champion of free speech

A British billionaire convicted in the US for failing to implement adequate anti-money-laundering controls in his cryptocurrency business has given £4m to Nigel Farage’s Reform UK.

Ben Delo, 42, who is now based in Hong Kong, wrote in the Telegraph that he had made the donation since the start of the year, before the government’s cap on donations to political parties by British citizens living abroad.

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Read more: https://www.theguardian.com/politics/2026/apr/08/british-crypto-billionaire-ben-delo-says-he-has-given-4m-to-reform-uk

#partyfunding #bendelo #british #cryptocurrency

British crypto billionaire Ben Delo says he has given £4m to Reform UK

Delo, pardoned by Trump after violating US banking law, describes himself as champion of free speech

The Guardian
Writing in the 𝘛𝘦𝘭𝘦𝘨𝘳𝘢𝘱𝘩, #BenDelo, 42, who is now based in 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴, said had made the donation at the start of the year, before the government’s cap on donations to political parties by British citizens living abroad!
Revealed: a crypto billionaire’s political base hosting ‘anti-woke’ and rightwing activists in Westminster

Pardoned by Trump after violating US banking law, Ben Delo provides funding, networking, and podcasting space for a range of groups, including those with hardline views on migration and abortion

The Guardian
#AI #AGI #artificialintelligence by corrupt billionaires, allegedly for the good of #humanity:
“Some of the #billionaires who have committed significant funds to this goal include #ElonMusk, #vitalikbuterin #BenDelo, #JaanTallinn, #peterthiel #DustinMuskovitz, and #SamBankmanFried who was one of EA’s largest funders until the recent bankruptcy of his #FTX #cryptocurrency platform.” https://www.wired.com/story/effective-altruism-artificial-intelligence-sam-bankman-fried/ #effectivealtruism #crypto #bitcoin #bitcon #strongAI #friendlyAI #AIsafety
Effective Altruism Is Pushing a Dangerous Brand of ‘AI Safety’

This philosophy—supported by tech figures like Sam Bankman-Fried—fuels the AI research agenda, creating a harmful system in the name of saving humanity

WIRED

THE RISE AND FALL OF BITCOIN BILLIONAIRE ARTHUR HAYES

https://www.vanityfair.com/news/2021/02/the-rise-and-fall-of-bitcoin-billionaire-arthur-hayes

"Prosecutors alleged that the company’s AML and KYC policies and practices were merely window dressing: 'BitMEX allows customers to open accounts with an anonymous email and password, and a deposit of Bitcoin. BitMEX does not collect any documents to verify the identity or location of the vast majority of its users.'"

#Bitcoin  #BitMEX #ArthurHayes #BenDelo #SamReed #Rekt #NourielRoubini #CFTC #JehanChu

The Rise and Fall of Bitcoin Billionaire Arthur Hayes

The BitMEX cofounder created a cryptocurrency exchange that has traded trillions. Now he’s wanted by U.S. authorities, and insiders wonder whether he and his partners are villains—or victims of a two-tiered justice system that favors big banks over brash outsiders.