UK Probes Farage's £5M Tether Gift, £2M BTC Stake as Crypto Donation Ban Hits

Reform UK leader Nigel Farage is under investigation by the Parliamentary Standards Commissioner and FCA for failing to declare a £5M ($6.75M) 2024 gift from Tether 12% stakeholder Christopher Harborne, plus potential market abuse tied to his 6.31% Stack BTC stake (~£2M Bitcoin). The scandal erupted May 1 with revelations of the undisclosed security payment and a separate £12M party donation, triggering a UK ban on crypto political financing. U.S. probes into Tether ties intensify risks. Bitcoin holds sideways near $78,758.