Bernie Sanders Says 'Billionaires Aren't Just Buying American Politicians' as Trump Ally Nigel Farage's Party Gets $97 Million in Donations From Crypto Tycoons
Sen. Bernie Sanders (I-VT) raised concerns on Sunday about the growing global influence of billionaires in politics, citing the U.K. Reform Party securing $97 million in donations from cryptocurrency billionaires.Sanders Questions Big Money InfluenceSanders said in an X post that oligarchy is going global.“The billionaires are not just buying American politicians; they are funding right-wing parties all over the world — including the UK Reform Party,” the independent lawmaker added. “The ultra-rich must not be allowed to buy governments ANYWHERE.”Sanders cited a Wall Street Journal report that two cryptocurrency billionaires, Ben Delo and Christopher Harborne, made the largest political donations in British history to Nigel Farage’s Reform Party.Both said they donated roughly $48.7 billion to help the party ahead of the 2029 general elections.Oligarchy is not just an American issue. It is global. The billionaires are not just buying American politicians, they are funding right-wing parties all over the world — including the UK Reform Party. Democracy means one person, one vote. The ultra-rich must not be allowed to… Farage Under Investigation Over Crypto ‘Gifts’Harborne is a billionaire investor, known for his early stakes in Bitcoin and Ethereum , according to a report by The Guardian.Delo is the co-founder and former executive of the cryptocurrency exchange BitMEX. He, along with fellow co-founders Arthur Hayes and Samuel Reed, was accused of and creating a "sham" withdrawal from the U.S. market.The three pleaded guilty in 2022 to violating the Bank Secrecy Act for failing to establish anti-money laundering violations. President Donald Trump in March 2025.Interestingly, he received from Harborne in early 2024.Farage, known for his close ties with President Donald Trump and his frequent praise for him, denies any wrongdoing. Read Also: 'XRP Could Flip Bitcoin,' Exec Said: 4 Reasons Why Investors Are Piling In Now Crypto Donations SpikeSanders has been an outspoken critic of big money in politics, describing it as "legalized bribery." He holds an unequivocal belief that the Supreme Court’s Citizens United rulinh must be overturned and that elections should transition to public funding without delay.The cryptocurrency industry, which emerged as a dominant lobbying force in the 2024 elections, has also mobilized for this year’s cycle. Fairshake, a cryptocurrency-focused super PAC, has contributed $88 million as of July 31. Read Also: Elizabeth Warren Says Trump Selling Meme Tokens, Trading Stocks While Americans Choose 'Between Paying Rent and Buying Groceries' Photo Courtesy: lev radin on Shutterstock.com