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Cryptocurrency exchange founded by Reform donor Ben Delo sued for £20m

The Guardian UK · 14 October 2026 at 00:01

Cryptocurrency exchange founded by Reform donor Ben Delo sued for £20m

Former investor alleges BitMEX sold products in UK despite not being regulated by Financial Conduct Authority A cryptocurrency exchange founded by the billionaire Reform UK donor Ben Delo is being sued for £20m over claims that the company mis-sold financial products in the UK.

Lewis Barber, who is a software engineer, alleges that BitMEX offered crypto derivative products to investors in the UK, despite not being regulated or approved to do so by the Financial Conduct Authority (FCA).

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.theguardian.com — the content belongs to The Guardian UK.

Cryptocurrency exchange founded by Reform donor Ben Delo sued for £20m

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