Sir Jeffrey Donaldson steps down as DUP’s leader after being charged with historical sexual offences
Sir Jeffrey Donaldson has stepped down as leader of the Democratic Unionist Party with immediate effect after he was charged with historical sexual offences.
In a statement, the DUP said: “The party chairman has received a letter from Sir Jeffrey Donaldson MP confirming that he has been charged with allegations of an historical nature and indicating that he is stepping down as leader of the Democratic Unionist Party with immediate effect.
“In accordance with the party rules, the party officers have suspended Mr Donaldson from membership, pending the outcome of a judicial process.
“The party officers have unanimously appointed Mr Gavin Robinson MP as the interim party leader.”
It is understood Donaldson will be “strenuously contesting” all charges against him.
He has led the party since 2021, but has been the MP for Lagan Valley since 1997.
Prior to joining the DUP, he was part of the Ulster Unionist Party’s delegation to negotiate the Good Friday Peace agreement.
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It comes after the Police Service of Northern Ireland said a man had been charged with non-recent sex offences.
A PSNI spokesman said: “Detectives from the Police Service of Northern Ireland arrested and charged a 61-year-old man for non-recent sexual offences.
“A 57-year-old woman was also arrested and charged at the time for aiding and abetting additional offences.”
Both are due to appear before Newry Magistrates’ Court on 24 April.
An inauspicious end to a decades-long career
The DUP has weathered many storms, but this is a political earthquake for the party.
Sir Jeffrey Donaldson’s departure under a cloud will have ramifications in both the short-term and long-term.
It will rock the newly established power-sharing government, of which the DUP forms one half.
And maintaining its seats at Westminster in the upcoming general election will be a mountain for the party to climb.
The DUP is well known for its conservative views on social issues like same-sex marriage.
Any whiff of impropriety, never mind alleged offence, leaves it open to allegations of hypocrisy.
In 2010, DUP leader Peter Robinson stepped down briefly as first minister when his wife confessed to an extra-marital affair.
Sir Jeffrey Donaldson has not only resigned but had his party membership suspended, pending the outcome of the judicial process.
It’s an inauspicious end to the political career of Northern Ireland’s longest-serving member of parliament.
Donaldson came to national prominence for his part in the confidence and supply agreement which propped up Theresa May’s government with DUP support following the 2017 election.
But the DUP ended up voting against Mrs May’s deal – and ultimately her government collapsed.
He became leader of the party in Westminster in 2019, and took overall control in 2021.
Michelle O’Neill, the Sinn Fein first minister of Northern Ireland, said: “My priority is to continue to provide the leadership the public expect and deserve, and to ensure the four-party executive coalition delivers for the whole of our community now and in the future.
“The DUP leader has resigned after being charged with serious offences.
“This is now a matter for the criminal justice system.”
Mr Robinson, who has taken over the reins of the party on an interim basis, became the DUP deputy leader in June 2023.
Gavin Robinson MP. Pic: PA
He joined the Commons in 2015, having previously been lord mayor of Belfast, and a councillor for the city.
Conservative MP and former Northern Ireland Secretary Julian Smith said Mr Robinson’s selection was a “very positive decision”.
He added that Mr Robinson had “played a key role in a tough negotiation to restore powersharing and along with other DUP colleagues will chart a positive course for the future”.
It is understood Donaldson remains an MP.
A spokesperson for the House of Commons said: “We are aware of the announcement by the police, but will not be commenting on individual cases.”
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency.
The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies.
While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past.
According to archived data from his P2P Foundation profile, Nakamoto once claimed to be a 37-year-old man living in Japan and listed his birthdate as April 5, 1975.
Source: Web.archive.org
Nakamoto’s anonymity has played a vital role in maintaining the decentralized nature of the Bitcoin network, which has no central authority or leadership.
The Bitcoin wallet associated with Nakamoto, which holds over 1 million BTC, has laid dormant for more than 16 years despite BTC rising from $0 to an all-time high above $109,000 in January.
Satoshi Nakamoto statue in Lugano, Switzerland. Source: Cointelegraph
Nakamoto’s 50th birthday comes nearly a month after US President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial system.
Related: Bitcoin at 16: From experiment to trillion-dollar asset
Nakamoto’s legacy: a “cornerstone of economic sovereignty”
“At 50, Nakamoto’s legacy is no longer just code; it’s a cornerstone of economic sovereignty,” according to Anndy Lian, author and intergovernmental blockchain expert.
“Bitcoin’s reserve status signals trust in its scarcity and resilience,” Lian told Cointelegraph, adding:
“What’s fascinating is the timing. Fifty feels symbolic — half a century of life, mirrored by Bitcoin’s journey from a white paper to a trillion-dollar asset. Nakamoto’s vision of trustless, peer-to-peer money has outgrown its cypherpunk roots, entering the halls of power.”
However, lingering questions about Nakamoto remain unanswered, including whether they still hold the keys to their wallet, which is “a fortune now tied to US policy,” Lian said.
Related: Bitcoin’s next catalyst: End of $36T US debt ceiling suspension
Is Satoshi Nakamoto wealthier than Bill Gates?
In February, Arkham Intelligence published findings that attribute 1.096 million BTC — then valued at more than $108 billion — to Nakamoto. That would place him above Microsoft co-founder Bill Gates on the global wealth rankings, according to data shared by Coinbase director Conor Grogan.
Satoshi’s new addresses. Source: Conor Grogan
If accurate, this would make Nakamoto the world’s 16th richest person.
Despite the growing interest in Nakamoto’s identity and holdings, his early decision to remain anonymous and inactive has helped preserve Bitcoin’s decentralized ethos — a principle that continues to define the cryptocurrency to this day.
Magazine: 10 crypto theories that missed as badly as ‘Peter Todd is Satoshi’
The United States stock market lost more in value over the April 4 trading day than the entire cryptocurrency market is worth, as fears over US President Donald Trump’s tariffs continue to ramp up.
On April 4, the US stock market lost $3.25 trillion — around $570 billion more than the entire crypto market’s $2.68 trillion valuation at the time of publication.
Nasdaq 100 is now “in a bear market”
Among the Magnificent-7 stocks, Tesla (TSLA) led the losses on the day with a 10.42% drop, followed by Nvidia (NVDA) down 7.36% and Apple (AAPL) falling 7.29%, according to TradingView data.
The significant decline across the board signals that the Nasdaq 100 is now “in a bear market” after falling 6% across the trading day, trading resource account The Kobeissi Letter said in an April 4 X post. This is the largest daily decline since March 16, 2020.
“US stocks have now erased a massive -$11 TRILLION since February 19 with recession odds ABOVE 60%,” it added. The Kobessi Letter said Trump’s April 2 tariff announcement was “historic” and if the tariffs continue, a recession will be “impossible to avoid.”
Source: Anthony Scaramucci
On April 2, Trump signed an executive order establishing reciprocal tariffs on trading partners and a 10% baseline tariff on all imports from all countries.
Trump said the reciprocal tariffs will be roughly half the rate US trading partners impose on American goods.
Related: Bitcoin bulls defend $80K support as ‘World War 3 of trade wars’ crushes US stocks
Meanwhile, the crypto industry has pointed out that while the stock market continues to decline, Bitcoin (BTC) remains stronger than most expected.
Crypto trader Plan Markus pointed out in an April 4 X post that while the entire stock market “is tanking,” Bitcoin is holding.
Source: Jeff Dorman
Even some crypto skeptics have pointed out the contrast between Bitcoin’s performance and the US stock market during the recent period of macro uncertainty.
Stock market commentator Dividend Hero told his 203,200 X followers that he has “hated on Bitcoin in the past, but seeing it not tank while the stock market does is very interesting to me.”
Meanwhile, technical trader Urkel said Bitcoin “doesn’t appear to care one bit about tariff wars and markets tanking.” Bitcoin is trading at $83,749 at the time of publication, down 0.16% over the past seven days, according to CoinMarketCap data.
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