Leader of the UK Reform Party faces ethics review over $6.7 million gift from Tether investor

Odaily reported that the UK Parliamentary Commissioner for Standards is investigating MP Nigel Farage, leader of the Reform UK party, for allegedly failing to declare a £5 million (approximately $6.7 million) personal gift from Christopher Harborne, an investor in Tether.

Christopher Harborne holds a 12% stake in Tether. Nigel Farage stated that the gift was received in 2024 before he announced his candidacy, and was used for personal security, therefore he was not obligated to declare it. According to the UK House of Commons Code of Conduct, new MPs must register interests received in the 12 months prior to their election. If found in violation, Nigel Farage could face penalties such as an apology, suspension, or expulsion from Parliament. (Decrypt)