Nigel Farage, leader of the hardline conservative Reform UK party, who is under investigation for alleged illegal cryptocurrency lobbying, announced that he would resign from his parliamentary seat and run in a by-election. According to The Block, Farage announced his resignation via X, denying the allegations and stating, "There was no wrongdoing or misuse of public funds." He is currently under investigation for allegedly receiving an undeclared donation of 5 million pounds ($6.7 million) from Christopher Harborne, a major Tether shareholder, and then lobbying the Bank of England regarding cryptocurrency policy.
