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BitMEX co-founder's crypto exchange sued for £20m
Original: Cryptocurrency exchange founded by Reform donor Ben Delo sued for £20m By Daniel Boffey Chief reporter Former investor a
A former investor is suing BitMEX, the cryptocurrency exchange co-founded by Reform UK donor Ben Delo, for £20m. The claim alleges the exchange sold trading products to UK customers despite not being regulated by the Financial Conduct Authority. The case raises fresh questions about crypto firms' compliance with British rules and about Delo's political ties.
Why now: The lawsuit links a prominent political donor to fresh allegations of unregulated crypto trading in the UK, drawing attention from both finance and politics watchers.
BitMEXBen DeloReform UKFinancial Conduct Authority
Evidence
- Cryptocurrency exchange founded by Reform donor Ben Delo sued for £20m By Daniel Boffey Chief reporter Former investor alleges BitMEX sold products in UK despite not being regulated by Financial Conduct Authority https://www. theguardian.com/politics/2026/… · guardianfeeds@rssfeed.media
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