Lewis Barber has filed a £20m High Court claim against BitMEX's operator, arguing UK crypto derivatives sold without FCA approval are void. His lawyers say thousands of non-professional UK investors may have lost money the same way, but the claim has not been served.
Perspective Coverage
6 publishers
- Builder
- Builder 12%
- Operator
- Operator 44%
- Investor
- Investor 44%
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+15
- Incentives50
- Confidence68
Farage's half-hour with the standards commissioner moves the Harborne gift inquiry toward a ruling
Nigel Farage was questioned for about half an hour by the standards commissioner over a 5 million pound gift from crypto billionaire Christopher Harborne. The ruling depends on whether money he says paid for his personal security counts as support for his job as an MP.
Reality
- Evidence50
- Adoption
- Not scored
- Hype gap+10
- Incentives55
- Confidence50
Ben Delo's gift to Nigel Farage's party is reported as the largest ever made to a British political party. It arrived as one lump sum, because a monthly stream could have been caught by the crypto donation ban Labour MPs are weighing.
Perspective Coverage
4 publishers
- Builder
- Builder 10%
- Operator
- Operator 53%
- Investor
- Investor 37%
Reality
- Evidence72
- Adoption
- Not scored
- Hype gap+10
- Incentives65
- Confidence68
BitMEX's $50 monthly minimum costs a $6,000 leftover balance 10% a year
BitMEX is charging verified users $50 a month, or 1% a year if greater, on balances left after it closed its exchange on September 23. Below $60,000 the flat charge sets the rate, so a $1,000 balance loses 60% a year.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+10
- Incentives55
- Confidence60
Crypto entrepreneurs prepay 72 million pounds to Reform UK ahead of a possible donation cap
Ben Delo and Christopher Harborne each gave Nigel Farage's party 36 million pounds in a weekend, more than every UK party raised in donations all last year, and Delo's monthly pledge was handed over up front.
Reality
- Evidence34
- Adoption
- Not scored
- Hype gap+22
- Incentives72
- Confidence41