Reform UK chairman Lee Anderson has called for an investigation into UK Defense Secretary Wes Streeting over a reported $50,000 political donation linked indirectly to former FTX CEO Sam Bankman-Fried.
The funds came from Labour for the Long Term, a think tank whose founder reportedly received a $675,000 gift from Bankman-Fried before later donating to Streeting. Streeting said he requested a donor list before accepting the money and that Bankman-Fried’s name was not included. The think tank’s founder also said Streeting’s contribution came from another donor.
The controversy comes as Reform UK leader Nigel Farage prepares to face voters in a by-election triggered by his resignation amid a separate crypto-related donation scandal. Farage had received millions of dollars in donations from crypto billionaire Christopher Harborne and financial support from George Cottrell, a convicted fraudster linked to a crypto casino.
Meanwhile, a U.S. appeals court this week formally upheld Bankman-Fried’s fraud conviction and 25-year prison sentence, leaving him with limited options including an appeal to the Supreme Court or a potential presidential pardon.