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Reform UK has withdrawn support from three of its parliamentary candidates as the racism row engulfing the party continues to grow.

The party led by Nigel Farage is no longer supporting Edward Oakenfull, who is standing in Derbyshire Dales, Robert Lomas, a candidate in Barnsley North, and Leslie Lilley, standing in Southend East and Rochford, after alleged comments made by them emerged in the media.

It comes as party leaders from across the political spectrum have lined up to condemn Reform UK, and told Mr Farage he needs to “get a grip” of his party.

Oakenfull has been suspended after reportedly having written social media posts about the IQ of sub-Saharan Africans – which he told the BBC were “taken out of context”.

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Meanwhile, Lomas said black people should “get off [their] lazy arses” and stop acting “like savages”, The Times reported.

Lilley, according to the newspaper, described people arriving on small boats as “scum”, adding: “I hope your family get robbed, beaten or attacked.”

More on General Election 2024

As the registration deadline for candidates has passed, all three candidates will remain on the ballot paper, despite no longer being endorsed by Reform UK.

Racism row

The decision to drop these candidates comes amid a vast row about racism in the party after Channel 4 news aired footage filmed undercover that showed Andrew Parker, an activist canvassing for Mr Farage, using the racial slur “P***” to describe the prime minister, describing Islam as a “disgusting cult”, and saying the army should “just shoot” migrants crossing the Channel.

Reform UK was condemned by party leaders across the political spectrum, and Rishi Sunak reacted furiously to the comments, saying Mr Farage had “some questions to answer”.

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Sunak ‘hurt’ over Reform race row

He said: “My two daughters have to see and hear Reform people who campaign for Nigel Farage calling me an effing P***. It hurts and it makes me angry and I think he has some questions to answer.

“And I don’t repeat those words lightly. I do so deliberately because this is too important not to call out clearly for what it is.”

Parker has told Sky News he was a “total fool”, that he has learned his lesson, and there was “no racism” in what he said.

Reform UK has said it has reported Channel 4 to the elections watchdog for alleged “scandalous… interference” over what the party claims was a fake rant planted by the broadcaster.

The broadcaster has rejected the allegations out of hand, saying: “We strongly stand by our rigorous and duly impartial journalism which speaks for itself. We met Mr Parker for the first time at Reform UK party headquarters, where he was a Reform party canvasser.

“We did not pay the Reform UK canvasser or anyone else in this report. Mr Parker was not known to Channel 4 News and was filmed covertly via the undercover operation.”

The Electoral Commission said they were “aware of reports” that Reform UK had asked them to investigate.

But the commission said it had “not received such a letter”, adding that it would “consider [the letter’s] contents” if it did.

A spokesperson for the commission said Channel 4 News was exempt from its regulation as it is a licensed broadcaster.

They said any laws surrounding the potential defamation of candidates would be a matter for the police.

Questions to answer

Mr Farage faced a slew of questions on the row during a BBC Question Time Leaders’ Special on Friday night, during which he said he was “not going to apologise” for the actions of people associated with his party.

Asked why his party “attracts racists and extremists”, the former UKIP leader claimed he had “done more to drive the far right out of British politics than anybody else alive” – claiming he took on the British Nationalist Party (BNP) a decade ago.

He also appeared to throw his predecessor Richard Tice under the bus when read racist and xenophobic comments made by Reform candidates, saying he “inherited a start-up party” and has “no idea” why the people who said those things had been selected.

Mr Farage has today lashed out at the BBC as well, saying he is refusing to appear on the broadcaster’s Sunday morning politics show with Laura Kuenssberg until they apologise for their “dishonest” audience, accusing the broadcaster of having “behaved like a political actor throughout this election”.

But the right-wing firebrand has been condemned by all party leaders.

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‘Leaders have to set the tone’

Sir Keir Starmer told Sky News Mr Farage must “set the tone” for his party, adding: “It’s no good Nigel Farage after the event saying that he doesn’t agree with certain comments.”

The Labour leader went on to insist Mr Farage is “not a spectator” – but is the leader of Reform UK.

He added: “Leaders have to set the tone, set the standards and take the action so that people know in advance what is acceptable and what’s not acceptable.

What Reform attacks say about Nigel Farage’s mindset


Rob Powell Political reporter

Rob Powell

Political correspondent

@robpowellnews

Even by Reform’s standards, the frequency and ferocity of attacks flying out from the party has stepped up today.

We’ve had complaints going into Ofcom, the Electoral Commission and Essex Police.

The BBC boycotted; Channel 4 reported and a former campaigner cut adrift.

This tells you more about Nigel Farage’s mindset than his decision to suspend three candidates over online posts.

So five days from the election, will these seemingly rolling controversies shift many votes?

Much like the row over the Reform leader’s comments on Russia and Putin, that probably depends on how fully signed up you are the party’s agenda.

For the die-hards, talk of an establishment stitch-up will find sympathetic and supportive ears.

But wavering Tories dabbling with Reform may be queasier about all this talk of racism and a big media conspiracy.

One final point.

A fortnight ago, Nigel Farage demanded to be treated as one of the big players in this election citing a poll putting him ahead of the Tories.

But with more coverage comes more scrutiny.

You can construct a fair argument that’s exactly what Reform has been exposed to in the last week.

‘Get a grip’

Labour’s shadow defence secretary told Sky News Mr Farage should “get a grip” of his party amid the racism allegations.

John Healey said: “To some extent, I see him fuelling a row over this Channel 4 film to distract, really, from the fact that there are officials and there are candidates right at the heart of the Reform party, that have been responsible for racist, anti-gay, and other deeply offensive statements.

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Farage ‘needs to get a grip’ of Reform

“And it’s for Farage to take action on them. And in the end, the culture and the standards of any political party are set by the leader and Nigel Farage wants to be seen as a leader.

“He needs to get a grip of his own party and he’s failing to do that at the moment.”

Scotland’s first minister, John Swinney, said of Reform’s politics: “I deplore it. I deprecate it. I want nothing to do with it.”

“We will always rail against racist and homophobic comments, and I can’t believe that there’s a single thing Nigel Farage can do to control a problem that he himself has started,” he said.

The SNP leader went on to claim that this is not a case of bad apples, but “an ingrained problem of Reform”.

Read more:
Police ‘urgently assessing’ racist comments by Reform activists
Reform candidates accused of ‘antisemitic’ posts
Reform canvasser says he was ‘a total fool’

He said: “Nigel Farage has set this all up. He has stoked it all. With every word over all these years, he has incited all that intolerance and prejudice in our society.

“I want to have nothing to do with it. And I don’t think there’s anything Nigel Farage can do to stop it, because he created it.”

The leader of the Liberal Democrats, Sir Ed Davey, said his members and candidates “share no values with Mr Farage”.

“He can sort himself out. My job as a Liberal Democrat leader is to tell you what we’re about.”

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Here is the full list of candidates standing in the Derbyshire Dales constituency:

  • Kelda Boothroyd, Green Party
  • Robert Court, Liberal Democrats
  • Sarah Dines, Conservative Party
  • Rachel Elnaugh-Love, Independent
  • Edward Hudson Oakenfull, formerly Reform UK
  • Helen Wetherall, True and Fair Party
  • John Whitby, Labour Party

Here is the full list of candidates standing in Barnsley North:

  • Penny Baker, Liberal Democrats
  • Tony Devoy, Yorkshire Party
  • Neil Fisher, Independent
  • Tom Heyes, Green Party
  • Dan Jarvis, Labour Party
  • Tamas Kovacs, Conservative Party
  • Robert Lomas, formerly Reform UK
  • Janus Polenceusz, English Democrats

Here is the full list of candidates standing in Southend East and Rochford:

  • Bayo Alaba, Labour Party
  • James Joseph Allen, Liberal Democrats
  • Lee John Clark, Confelicity
  • Simon Cross, Green Party
  • Gavin Haran, Conservative Party
  • Bianca Eleanor Isherwood, Heritage Party
  • Leslie Lilley, formerly Reform UK

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Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

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Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive.

While the US is home to Bitcoin (BTC) mining manufacturing firms such as Auradine, it’s still “not possible to make the whole supply chain, including materials, US-based,” Kristian Csepcsar, chief marketing officer at BTC mining tech provider Braiins, told Cointelegraph.

On April 2, Trump announced sweeping tariffs, imposing a 10% tariff on all countries that export to the US and introducing “reciprocal” levies targeting America’s key trading partners.

Community members have debated the potential effects of the tariffs on Bitcoin, with some saying their impact has been overstated, while others see them as a significant threat.

Tariffs compound existing mining challenges

Csepcsar said the mining industry is already experiencing tough times, pointing to key indicators like the BTC hashprice.

Hashprice — a measure of a miner’s daily revenue per unit of hash power spent to mine BTC blocks — has been on the decline since 2022 and dropped to all-time lows of $50 for the first time in 2024.

According to data from Bitbo, the BTC hashprice was still hovering around all-time low levels of $53 on March 30.

Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

Bitcoin hashprice since late 2013. Source: Bitbo

“Hashprice is the key metric miners follow to understand their bottom line. It is how many dollars one terahash makes a day. A key profitability metric, and it is at all-time lows, ever,” Csepcsar said.

He added that mining equipment tariffs were already increasing under the Biden administration in 2024, and cited comments from Summer Meng, general manager at Chinese crypto mining supplier Bitmars.

Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

Source: Summer Meng

“But they keep getting stricter under Trump,” Csepcsar added, referring to companies such as the China-based Bitmain — the world’s largest ASIC manufacturer — which is subject to the new tariffs.

Trump’s latest measures include a 34% additional tariff on top of an existing 20% levy for Chinese mining imports. In response, China reportedly imposed its own retaliatory tariffs on April 4.

BTC mining firms to “lose in the short term”

Csepcsar also noted that cutting-edge chips for crypto mining are currently massively produced in countries like Taiwan and South Korea, which were hit by new 32% and 25% tariffs, respectively.

“It will take a decade for the US to catch up with cutting-edge chip manufacturing. So again, companies, including American ones, lose in the short term,” he said.

Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

Source: jmhorp

Csepcsar also observed that some countries in the Commonwealth of Independent States region, including Russia and Kazakhstan, have been beefing up mining efforts and could potentially overtake the US in hashrate dominance.

Related: Bitcoin mining using coal energy down 43% since 2011 — Report

“If we continue to see trade war, these regions with low tariffs and more favorable mining conditions can see a major boom,” Csepcsar warned.

As the newly announced tariffs potentially hurt Bitcoin mining both globally and in the US, it may become more difficult for Trump to keep his promise of making the US the global mining leader.

Trump’s stance on crypto has shifted multiple times over the years. As his administration embraces a more pro-crypto agenda, it remains to be seen how the latest economic policies will impact his long-term strategy for digital assets.

Magazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29

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Malta regulator fines OKX crypto exchange $1.2M for past AML breaches

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Malta regulator fines OKX crypto exchange .2M for past AML breaches

Malta regulator fines OKX crypto exchange .2M for past AML breaches

Cryptocurrency exchange OKX is under renewed regulatory scrutiny in Europe after Maltese authorities issued a major fine for violations of Anti-Money Laundering (AML) laws.

Malta’s Financial Intelligence Analysis Unit (FIAU) fined Okcoin Europe — OKX’s Europe-based subsidiary — 1.1 million euros ($1.2 million) after detecting multiple AML failures on the platform in the past, the authority announced on April 3.

While admitting that OKX has significantly improved its AML policies in the past 18 months, the authority “could not ignore” its past compliance failures from 2023, “some of which were deemed to be serious and systematic,” the FIAU notice said.

OKX was among the first crypto exchanges to receive a license under Europe’s new Markets in Crypto-Assets (MiCA) regulation via its Malta hub in January 2025.

The news of the $1.2 million penalty in Malta came after Bloomberg in March reported that European Union regulators were probing OKX for laundering $100 million in funds from the Bybit hack.

Bybit CEO Ben Zhou previously claimed that OKX’s Web3 proxy allowed hackers to launder about $100 million, or 40,233 Ether (ETH), from the $1.5 billion hack that occurred in February.

This is a developing story, and further information will be added as it becomes available.

Magazine: Stablecoin for cyber-scammers launches, Sony L2 drama: Asia Express

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US court fines UAE crypto firm CLS Global $428K for wash trading

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US court fines UAE crypto firm CLS Global 8K for wash trading

US court fines UAE crypto firm CLS Global 8K for wash trading

Authorities in the US state of Massachusetts continue targeting unlawful cryptocurrency market practices, with a local court fining crypto financial services firm CLS Global.

A federal court in Boston on April 2 sentenced CLS Global on criminal charges related to fraudulent manipulation of crypto trading volume, according to an announcement from the Massachusetts US Attorney’s Office.

In addition to a $428,059 fine, the court prohibited CLS Global from offering services in the US for a probation period of three years.

CLS Global, a crypto market maker registered in the United Arab Emirates, in January pleaded guilty to one count of conspiracy to commit market manipulation and one count of wire fraud.

CLS agreed to manipulate the FBI’s “trap token” NexFundAI

The charges against CLS Global followed an undercover law enforcement operation involving NexFundAI, a token created by the FBI as part of a sting operation in May 2024.

CLS Global was among at least three firms that took the FBI’s bait and agreed to provide “market maker services” for NexFundAI, including a fraudulent scheme to attract investors to purchase the token.

In October 2024, the Securities and Exchange Commission announced fraud charges against CLS and its employee, Andrey Zhorzhes. The US securities regulator also filed complaints against two other NexFundAI manipulators, Hong Kong-linked ZM Quant Investment and Russia-linked Gotbit Consulting.

CLS Global’s profile

According to CLS Global CEO Filipp Veselov, the company was founded in 2017 to fill in a “huge gap in the market for high-quality market-making solutions and trading consulting.”

Prior to CLS, Veselov worked at the Russian cryptocurrency exchange platform Latoken, which is advertised as a “global digital asset exchange” and has about 370,000 followers on X.

The CLS team also includes chief revenue officer Pavel Singaevskii, who previously served as sales manager at Stex, a crypto platform that reportedly ceased operations without warning in 2023.

US court fines UAE crypto firm CLS Global $428K for wash trading

Source: CLS Global

According to CLS Global’s X page, the platform continues operating and has more than 110,000 followers at the time of publication.

How much wash trading is in crypto?

Wash trading is an illegal practice involving artificially inflating trading volume by repeatedly buying and selling the same asset, generating a misleading perception of demand.

According to a January 2025 report by the US blockchain analytics firm Chainalysis, the crypto market has at least $2.6 billion in estimated wash traded volumes, or just about 2% of total daily crypto trading volumes, as reported by CoinGecko.

US court fines UAE crypto firm CLS Global $428K for wash trading

Estimated wash trade volume in crypto. Source: Chainalysis

Related: Russian Gotbit founder strikes $23M plea deal with US prosecutors

Some studies indicate that wash trading makes up a bigger share of the crypto market.

In 2022, the US National Bureau of Economic Research reported that illegal wash trading may account for as much as 70% of average trading volumes on unregulated exchanges.

Magazine: Financial nihilism in crypto is over — It’s time to dream big again

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