Reform UK drops three candidates as racism row continues to engulf party

Published

11 months ago

June 30, 2024

admin

Reform UK has withdrawn support from three of its parliamentary candidates as the racism row engulfing the party continues to grow.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

Follow live election updates

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.”

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”.

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.

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 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.

“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”.

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.”

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

Politics

Everstake defends non-custodial staking as SEC weighs industry input

Published

4 hours ago

May 17, 2025

admin

Everstake defends non-custodial staking as SEC weighs industry input

The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions around staking in blockchain networks.

The meeting, which also involved the SEC’s Crypto Task Force, comes at a time when over $193 billion in digital assets are staked across major proof-of-stake (PoS) networks.

However, despite the massive scale of participation, staking remains in a legal gray zone in the US as regulators wrestle with its classification under existing securities law.

The previous SEC administration also took enforcement actions against major players such as Kraken, Coinbase, and Consensys due to their staking services. The agency, under pro-crypto President Donald Trump, has recently dismissed these enforcement actions.

During the meeting, Everstake told the SEC that non-custodial staking should not be classified as a securities transaction. The company said that users maintain full control over their digital assets throughout the staking process and do not transfer ownership to a third party.

They argued that this makes staking a technical function, not an investment product.

“Our main assertion is that staking is not a financial instrument or security transaction, but rather a technical process, a base-layer protocol mechanism—akin to an oracle in a database—that maintains the integrity and functionality of decentralized networks,” Everstake founder Sergii Vasylchuk told Cointelegraph.

Everstake calls for regulatory clarity

In a letter submitted to the SEC’s Crypto Task Force on April 8, 2025, Everstake asked the agency to extend regulatory clarity to non-custodial staking and custodial and liquid staking models.

In the letter, which came in respond to Commissioner Hester Peirce’s call for input on regulatory treatment of blockchain services, Everstake argued that non-custodial staking should not be considered a securities offering.

It claimed that non-custodial staking, where users retain control of their tokens, does not involve the pooling of assets or the expectation of profits from managerial efforts.

In its model, Everstake said users delegate only validation rights while maintaining ownership of their digital assets. The staking rewards are algorithmically distributed by the blockchain network itself, and the firm merely provides technical infrastructure.

Non-custodial staking fails the Howey test

The letter also details why non-custodial staking fails each prong of the Howey test. Users do not make an investment of money in a common enterprise, do not expect profits from Everstake’s efforts, and are not dependent on the company’s management for financial returns.

Instead, any rewards come from network-level incentives and fluctuate with the market value of the underlying asset.

Everstake proposes specific criteria that should exempt non-custodial staking from securities classification. These include user asset control, absence of pooled funds, permissionless unstaking, and the provision of purely technical services.

It likens non-custodial staking to proof-of-work mining, which the SEC has previously ruled out as a securities transaction.

Margaret Rosenfeld, Everstake’s chief legal officer, also told Cointelegraph that “with non-custodial staking, there’s no handover of assets, no investment contract, and no third-party risk.” She added:

“Treating it as a securities offering undermines the decentralized model and risks chilling innovation in the blockchain sector.”

Nevertheless, the SEC has so far withheld a definitive stance. Rosenfeld said that the agency did not make any “specific commitments” on staking guidance. However, it continues to listen to industry stakeholders.

“The Task Force is actively engaging with a range of stakeholders—including those involved with non-custodial staking, ETFs, and broader blockchain infrastructure—to gather input.”

In an April 30 letter to the SEC, nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) asked the agency for clear regulatory guidance on crypto staking and staking services.

Magazine: Binance Wallet ‘killing’ MetaMask and airdrops, Chinese RWA tokens: Asia Express

Politics

New Zealand man arrested in $265M crypto scam tied to FBI probe

Published

6 hours ago

May 17, 2025

admin

New Zealand man arrested in 5M crypto scam tied to FBI probe

A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurrency fraud operation that allegedly stole $450 million New Zealand dollars ($265 million).

According to New Zealand Police, the man is one of 13 individuals charged after authorities executed search warrants across Auckland, Wellington, and California over the past three days.

The charges stem from allegations that members of an organized criminal group manipulated seven victims to obtain large amounts of cryptocurrency, which was then laundered through multiple platforms between March and August 2024.

The US Department of Justice has indicted the man under federal law, including charges of racketeering, conspiracy to commit wire fraud, and conspiracy to commit money laundering, per the announcement.

New Zealand man arrested in $265M crypto scam tied to FBI probe — *Source: New Zealond Police*

Scammer used stolen funds to purchase luxury vehicles

Prosecutors allege the stolen funds were used to purchase $9 million worth of luxury vehicles and spent lavishly on high-end goods, including designer handbags, watches, and clothing, as well as services such as nightclub access, private security, and rentals in Los Angeles, Miami, and the Hamptons.

The accused appeared in Auckland District Court and was granted bail with interim name suppression. He is scheduled to reappear on July 3.

“We have worked closely with our law enforcement colleagues in the United States in support of their investigation,” the police stated. They added:

“Today’s search warrant and arrest reflects the importance of international partnerships where criminals are operating across borders.”

The investigation remains ongoing.

Crypto thefts surge to $360 million in April

Digital asset thefts skyrocketed in April 2025, with nearly $360 million stolen across 18 separate hacking incidents, according to data from blockchain security firm PeckShield.

The figure marks a staggering 990% jump from March when reported losses stood at just $33 million. The sharp rise was largely attributed to a single unauthorized Bitcoin transfer that accounted for the bulk of the month’s losses.

On April 28, blockchain analyst ZachXBT identified a suspicious $330 million BTC transaction. The incident was later confirmed as a social engineering attack that targeted an elderly US resident, resulting in one of the largest individual crypto thefts to date.

Magazine: Binance Wallet ‘killing’ MetaMask and airdrops, Chinese RWA tokens: Asia Express

Politics

French crypto entrepreneurs to receive extra security amid recent kidnappings: Report

Published

13 hours ago

May 17, 2025

admin

French crypto entrepreneurs to receive extra security amid recent kidnappings: Report

Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported.

According to the May 16 report, the measures include priority access to police emergency lines, home security assessments, and safety briefings from French law enforcement to ensure best practices are being followed.

France’s Interior Minister Bruno Retailleau introduced the security measures as part of a broader effort to counter the recent wave of attacks.

“These repeated kidnappings of professionals in the crypto sector will be fought with specific tools, both immediate and short-term, to prevent, dissuade and hinder in order to protect the industry.”

Law enforcement officers will also undergo “anti-crypto asset laundering training,” Retailleau noted.

Retailleau met with several local leaders from the crypto industry to discuss the measures following three crypto-related kidnapping incidents in recent months.

Two kidnappings and a failed attempt in France this year

The latest incident occurred on May 13, when assailants attempted to abduct the daughter and grandson of Pierre Noizat, CEO of the French crypto platform Paymium. Fortunately, they managed to fend off the attack, which occurred in broad daylight.

The assailants tried to force the pair into a waiting van, but Noizat’s daughter managed to take one of the guns off an assailant and throw it away, local police said.

En plein Paris, un homme a été violenté par des individus cagoulés, habillés tout en noir. Ils tentaient de l’enlever. Un homme a surgi, extincteur à la main, pour les faire fuir. →https://t.co/P0qV6PR40v pic.twitter.com/9f4r2Gi7ho

— Le Figaro (@Le_Figaro) May 13, 2025

On May 3, Paris police freed the father of a crypto entrepreneur who was held for several days in connection with a 7 million euros ($7.8 million) kidnapping plot.

In January, the co-founder of crypto hardware wallet provider Ledger, David Balland, was abducted from his home in central France during the early hours of Jan. 21. He was held captive until a police operation on the night of Jan. 22 secured his release.

Retailleau said earlier this week that he believes the incidents were likely connected.

There have been over 150 crypto-related robbery or kidnapping incidents since 2014, with 23 of those incidents occurring in 2025 alone, according to a GitHub database maintained by Bitcoin cypherpunk Jameson Lopp.

Lopp noted many of these criminals typically identify future victims through social media posts, public conversations, meetups, and conferences.

He strongly advises against peer-to-peer trades — particularly with people you don’t trust — flaunting wealth on social media and wearing crypto-branded clothing.

Magazine: Binance Wallet ‘killing’ MetaMask and airdrops, Chinese RWA tokens