The UK's Liberal Democrats have urged the Financial Conduct Authority (FCA) to assess whether Reform UK leader Nigel Farage breached market rules through his association with a £2m Bitcoin investment tied to crypto firm Stack.
UK's Lib Dems Seek FCA Probe into Farage’s £2m Bitcoin-Linked Promotion: BBC
14 April 2026 - 10:47 CEST
By Sandmark staff
Farage, who holds a stake in Stack BTC (STAK), featured in a video publicising the purchase. Records cited by the BBC show he has invested £215,000 in the company and owns 6.3% through his vehicle Thorn In The Side Ltd. The Liberal Democrats argue this overlap between promotion and financial interest raises questions around potential market abuse and conflicts.
Farage's team said the appearance was limited to a staged media event and that the Bitcoin acquisition was executed by the company, not him personally. Political pressure has widened, with Labour also criticising the arrangement.
The FCA said it will consider the request and respond.
