Suella Braverman hits back at Sir Elton John criticism of speech – as she brushes off claims she is aiming for Tory leadership

Published

2 years ago

September 27, 2023

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“Many people” pretend to be gay to claim asylum in the UK, Suella Braverman has claimed, as she defended herself from criticism from Sir Elton John.

The home secretary yesterday delivered a controversial speech in which she claimed the asylum system will break if people are given sanctuary for “simply being gay, or a woman, and fearful of discrimination in your country of origin”.

Her words were criticised by Sir Elton John and the Labour MPs Ben Bradshaw and Sir Chris Bryant, who are both gay.

Speaking to ITV News today, Ms Braverman said that “some people do game the system”.

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She said: “They come to the UK, they purport to be homosexual in the effort to game our system, in the effort to get special treatment.

“That’s not fair, and it’s not right.

“I’m afraid we do see many instances where people purport to be gay when they’re not actually gay. But in order to get special treatment, it’s not the way our asylum system should work.”

In a statement released through the Elton John Aids Foundation, the singer and his husband David Furnish said: “We are very concerned about the UK home secretary’s comments stating how discrimination for being gay or a woman should not be reason enough to qualify for protection under international refugee laws.

“Nearly a third of all nations class LGBTQ+ people as criminals, and homosexuality is still punishable by death in 11 countries.

“Dismissing the very real danger LGBTQ+ communities face risks further legitimising hate and violence against them.

“Leaders need to provide more compassion, support and acceptance for those seeking a safer future.”

Responding, Ms Braverman said: “Well, I have huge admiration for Elton John, but what I would say is that we need to be, again honest about what’s actually happening on the ground.

“And as I said in my speech, we need to be clear about what constitutes persecution – persecution is where people are being tortured, where they are receiving ill-treatment, where they are having their human rights violated in a monstrous and grotesque way.”

She added that “we want to welcome people fleeing persecution to the UK”.

“That’s not the same as discrimination, and I fully acknowledge that it is miserable and incredibly tough around parts of the world to be gay or to be a woman – being a victim of discrimination shouldn’t necessarily qualify you for asylum protection in the UK.”

Sky News has asked the Home Office for more details about Ms Braverman’s claim.

Sir Chris said: “How many? Where’s your evidence? And how dare you scurry behind the apron strings of prejudice to hide the fact that you’ve manifestly failed to deal with the asylum mess you and your party created.”

There had been suggestions Ms Braverman was using the trip – taking place less than a week before the Conservative Party conference – to raise her profile as a potential successor to Rishi Sunak. She unsuccessfully ran to lead the party after Boris Johnson resigned.

It is not the first time Ms Braverman has delivered a speech which might be more at home in a leadership race. The speech in the US was signed off in the usual way, according to Downing Street.

Should Mr Sunak lose the next general election, it is likely he will be challenged for leadership of the party.

Asked by the PA news agency if her speech on Tuesday was made with leadership ambitions in mind, the home secretary said: “With respect, that is a slightly flippant interpretation of what is a very serious issue.”

She was asked about her leadership ambitions yesterday by Sky’s Mark Stone, saying: “I’m incredibly honoured to be here at the [American Enterprise Institute].

“The AEI represents the forefront of thought leadership and policymaking in the US and actually internationally, and to be hosted here to talk about migration in the international context, followed by meetings with my American counterparts is really again, part of my day job part of my duty as home secretary, I want to lead this conversation globally.

“And I want to work with like-minded partners to find a solution.”

Ms Braverman also rejected claims she was lacking compassion following her speech, saying today: “No, I don’t think that is true.

“And what I would say is that we are facing unprecedented levels of illegal migration, not just in the UK but also in countries like the US and other Western or European nations.

“It’s right that we ask for greater collaboration at the international level among like-minded partners and, ultimately, the UK cannot sustain such levels of illegal migration, or indeed, legal migration.”

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And when it was put to her that reforming the UN Refugee Convention is an unrealistic goal, she said: “I am inviting my international partners to engage in an exercise of review and reform.

“Ultimately, I think it’s legitimate to ask these questions whether the definition of refugee in the international conventions is still fit for purpose, whether the definition of persecution has been stretched beyond a reasonable limit, and that’s in face of these high numbers that we are now seeing.”

Politics

Solana’s Loopscale pauses lending after $5.8M hack

Published

6 hours ago

April 26, 2025

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<div>Solana's Loopscale pauses lending after .8M hack</div>

Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit.

On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the lending protocol after taking out a “series of undercollateralized loans”, Loopscale co-founder Mary Gooneratne said in an X post.

The exploit only impacted Loopscale’s USDC and SOL vaults and the losses represent around 12% of Loopscale’s total value locked (TVL), Gooneratne added.

Loopscale is “working to resume repayment functionality as soon as possible to mitigate unforeseen liquidations,” its said in an X post.

“Our team is fully mobilized to investigate, recover funds, and ensure users are protected,” Gooneratne said.

Solana's Loopscale pauses lending after $5.8M hack — *Loopscale’s ‘Genesis’ lending vaults. Source: Loopscale*

In the first quarter of 2025, hackers stole more than $1.6 billion worth of crypto from exchanges and on-chain smart contracts, blockchain security firm PeckShield said in an April report.

More than 90% of those losses are attributable to a $1.5 billion attack on ByBit, a centralized cryptocurrency exchange, by North Korean hacking outfit Lazarus Group.

Unique DeFi lending model

Launched on April 10 after a six-month closed beta, Loopscale is a DeFi lending protocol designed to enhance capital efficiency by directly matching lenders and borrowers.

It also supports specialized lending markets, such as “structured credit, receivables financing, and undercollateralized lending,” Loopscale said in an April announcement shared with Cointelegraph.

Loopscale’s order book model distinguishes it from DeFi lending peers such as Aave that aggregate cryptocurrency deposits into liquidity pools.

Loopscale’s main USDC and SOL vaults yield APRs exceeding 5% and 10%, respectively. It also supports lending markets for tokens such as JitoSOL and BONK (BONK) and looping strategies for upwards of 40 different token pairs.

The DeFi protocol has approximately $40 million in TVL and has attracted upwards of 7,000 lenders, according to researcher OurNetwork.

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Politics

US Senator calls for Trump impeachment, cites memecoin dinner

Published

10 hours ago

April 26, 2025

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US Senator calls for Trump impeachment, cites memecoin dinner

United States Senator Jon Ossoff expressed support for impeaching President Donald Trump during an April 25 town hall, citing the President’s plan to host a private dinner for top Official Trump memecoin holders.

“I mean, I saw just 48 hours ago, he is granting audiences to people who buy his meme coin,” said Ossoff, a Democrat, according to a report by NBC News.

“When the sitting president of the United States is selling access for what are effectively payments directly to him. There is no question that that rises to the level of an impeachable offense.”

Senator Ossoff said he “strongly” supports impeachment proceedings during a town hall in the state of Georgia, where he is running for reelection to the Senate.

The Senator added that an impeachment is unlikely unless the Democratic Party gains control of Congress during the US midterm elections in 2026. Trump’s own Republican Party currently has a majority in both the House of Representatives and the Senate.

Conflicts of interest

On April 23, the Official Trump (TRUMP) memecoin’s website announced plans for Trump to host an exclusive dinner at his Washington, DC golf club with the top 220 TRUMP holders.

The website subsequently posted a leaderboard tracking top TRUMP wallets and a link to register for the event. The TRUMP token’s price has gained more than 50% since the announcement, according to data from CoinMarketCap.

The specific guest list is unclear, but the memecoin’s website states that applicants must pass a background check, “can not be from a [Know Your Customer] watchlist country,” and cannot bring any additional guests.

On April 25, the team behind TRUMP denied social media rumors that TRUMP holders need at least $300,000 to participate in an upcoming dinner with the president.

“People have been incorrectly quoting #220 on the block explorer as the cutoff. That’s wrong because it includes things like locked tokens, exchanges, market makers, and those who are not participating. Instead, you should only be going off the leaderboard,” they wrote.

Law, Politics, Senate, Donald Trump, trumpcoin, Memecoin — *The TRUMP token jumped on news of the private dinner plans. Source:* *CoinMarketCap*

Legal experts told Cointelegraph that Trump’s cryptocurrency ventures, including the TRUMP memecoin and Trump-affiliated decentralized finance (DeFi) protocol World Liberty Financial, raise significant concerns about potential conflicts of interest.

“Within just a couple of days of him taking office, he’s signed a number of executive orders that are significantly going to affect the way that our crypto and digital assets industry works,” Charlyn Ho of law firm Rikka told Cointelegraph in February.

“So if he has a personal pecuniary benefit arising from his own policies, that’s a conflict of interest.”

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Politics

Crypto sentiment recovers, but weekend liquidity risks remain

Published

12 hours ago

April 26, 2025

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Crypto sentiment recovers, but weekend liquidity risks remain

Crypto investor sentiment has seen a significant recovery from global tariff concerns, but analysts warn that the market’s structural weaknesses may still result in downside momentum during periods of weekend illiquidity.

Risk appetite appeared to return among crypto investors this week after US President Donald Trump adopted a softer tone, saying that import tariffs on Chinese goods may “come down substantially.”

However, the improved investor sentiment “does not guarantee that Bitcoin will avoid volatility over the weekend,” analysts from Bitfinex exchange told Cointelegraph:

“Sentiment improvements reduce fragility, but they do not eliminate structural risks like thin weekend liquidity.”

“Historically, weekends remain vulnerable to sharp moves — especially when open interest is high and market depth is low,” the analysts said, adding that unexpected macroeconomic news can still increase volatility during low liquidity periods.

Bitcoin (BTC) staged a near 11% recovery during the past week, but its rally has previously been limited by Sunday liquidity dynamics.

Bitcoin fell below $75,000 on Sunday, April 6, despite initially decoupling from the US stock market’s $3.5 trillion drop on April 4 after US Federal Reserve Chair Jerome Powell warned that Trump’s tariffs may affect the economy and raise inflation.

The correction was exacerbated by the lack of weekend liquidity and the fact that Bitcoin was the only large liquid asset available for de-risking, industry watchers told Cointelegraph.

“While improved sentiment creates a more stable foundation, cryptocurrency markets are still susceptible to rapid movements during periods of reduced trading volume,” according to Marcin Kazmierczak, co-founder and chief operating officer of RedStone blockchain oracle firm.

“The sentiment recovery provides some cushioning, but traders should remain cautious as weekend liquidity constraints can still amplify price movements regardless of the current market mood,” he told Cointelegraph.

Crypto investors may have “maxed out on tariff-related fears”

Cryptocurrency markets may have priced in the full extent of tariff-related concerns, according to Aurelie Barthere, principal research analyst at crypto intelligence platform Nansen.

“It feels like we’ve maxed out on tariff-related fear,” she told Cointelegraph, adding:

“While many remain uncertain about where things are headed over the next month or so, it also seems like markets were just waiting for the slightest signal that we’re back in the game.”

“Whether the rally is sustainable depends on whether we can break through previous resistance levels, at least in isolation. It could have legs, as markets now seem to believe there’s a ‘Trump put’ under equities, the US dollar and US Treasurys,” Barthere added, warning of more potential volatility amid the upcoming negotiations.

Nansen previously predicted a 70% chance that crypto markets will bottom and start a recovery by June, but highlighted that the timing will depend on the outcome of tariff negotiations.

The tariff negotiations may only be “posturing” for the US to reach a trade agreement with China, which may be the “big prize” for Trump’s administration, according to Raoul Pal, founder and CEO of Global Macro Investor.