Rupert Lowe says Reform leader Nigel Farage ‘must never be PM’ in latest attack amid leaks of claimed WhatsApp messages

Published

2 months ago

March 20, 2025

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Ousted Reform MP Rupert Lowe has said Nigel Farage must “never be prime minister” after leaked messages came to light reigniting the party’s internal row.

Mr Lowe, now the independent MP for Great Yarmouth, launched his latest attack on Reform’s “rotten and deceitful” leadership after a private WhatsApp conversation between Mr Farage and a party activist was leaked to the BBC.

In the messages, Mr Farage is alleged to have called Mr Lowe “disgusting” and “contemptible” after he gave an interview to the Daily Mail that was critical of his leadership.

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He also allegedly claimed that Mr Lowe’s motivation for the interview was “damaging the party just before elections – disgusting”.

In a post on social media, Mr Lowe said the alleged leaked messages “prove that he [Mr Farage] kicked me out of the party and launched this malicious witch hunt because I dared to ask reasonable questions of Reform”.

“His visceral hatred of me is evident, particularly following the Daily Mail interview,” Mr Lowe continued.

“Farage has admitted himself, in writing, that the motivation behind my removal was the Daily Mail interview, in
which I raised reasonable and constructive questions of Reform structure, policy and communication – following
months of pushing for change behind the scenes.

“That interview is why they designed and launched their horrific smear campaign against my name. It is evil behaviour.

“Nigel Farage must never be prime minister. All I have done is tell the truth, and I will continue to do so.”

The row erupted after Mr Lowe’s interview with the Daily Mail, in which Mr Lowe said it was “too early to know” if Mr Farage will become prime minister and warned Reform remains a “protest party led by the Messiah” under the Clacton MP.

He also claimed that he was “barely six months into being an MP” himself and “in the betting to be the next prime minister”.

Reform UK then announced that it had referred the Great Yarmouth MP to police and suspended him, alleging he made “verbal threats” against chairman Zia Yousaf.

The Met has launched an investigation into these claims, which Mr Lowe has vehemently denied.

Reform has also claimed it has received complaints from two female employees about serious bullying in Mr Lowe’s constituency office – which the MP has also strenuously denied, saying they do not relate to him and were made by staff who themselves faced disciplinary action.

On the allegations against the employees in his constituency office, Mr Lowe said he would “not be engaging” with the Reform “investigation”, arguing they were “blatantly vexatious complaints” made by former employees who themselves “admitted serious offences” and were subject to disciplinary processes.

“There is no credible evidence of any ‘bullying’ by anybody, because there was none,” he wrote in his social media post. “This has been weaponised in a desperate attempt to smear my name.”

He added: “If am contacted by the independent parliamentary authorities, I will fully cooperate with them. I have heard nothing from any relevant parliamentary body, nor have my team”.

Last week Sky News reported that Mr Lowe is consulting lawyers about taking possible libel action against Reform UK, for making “untrue and false allegations” about him.

Mr Lowe, the former chair of Southampton Football Club, has not ruled out joining the Conservatives or another political party.

Mr Farage has said there is “no way back” for the suspended MP and has accused him of being “out to cause maximum damage” to Reform UK.

Sky News has approached Mr Farage for comment.

Politics

US regulator moves to drop appeal against Kalshi

Published

3 hours ago

May 7, 2025

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US regulator moves to drop appeal against Kalshi

The US Commodity Futures Trading Commission (CFTC) is seeking permission from the court to drop an appeal against prediction market Kalshi. The move could allow the platform to offer political event contracts to users without contest.

In a May 5 filing in the US Court of Appeals for the District of Columbia Circuit, lawyers for the CFTC filed an unopposed motion for voluntary dismissal, suggesting an agreement with Kalshi. The motion, subject to approval by the court, could end the CFTC’s appeal against a federal court ruling that the financial regulator could not bar Kalshi from listing political event contracts, i.e., bets on elections.

Law, Betting, CFTC, Court — *Motion to dismiss appeal filed by the CFTC on May 5. Source:* *Courtlistener*

Kalshi stipulated in a joint filing that the company would “bear its own costs, court fees and attorney fees incurred” if the court granted the CFTC’s motion to dismiss. The platform said that “election markets are here to stay” in a May 6 X post following the filing.

The betting platform initially filed a lawsuit against the CFTC in 2023 in response to the regulator ordering Kalshi to stop offering political event contracts. The company won in the lower court, prompting the appeal by the CFTC in September 2024.

Motion to drop the appeal after the change in administration?

The case was handled mainly before the US election and the appointment of acting CFTC chair Caroline Pham under President Donald Trump. CFTC Commissioner Summer Mersinger, nominated by former President Joe Biden, reportedly echoed Kalshi’s sentiment in February, claiming that election prediction markets were “here to stay.”

Launched in 2021, Kalshi became popular among many crypto users in part due to bets related to the 2024 US election. Though the CFTC argued in its appeal that betting on the elections could result in “spectacular manipulation” of markets and harm to the public interest, the regulator under Pham and Trump appeared to have reversed its position with the motion to dismiss.

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Bitwise throws NEAR ETF in race for SEC approval with S-1 filing

Published

5 hours ago

May 6, 2025

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Bitwise throws NEAR ETF in race for SEC approval with S-1 filing

Digital asset manager Bitwise has filed to list a spot Near exchange-traded fund with the US Securities and Exchange Commission, adding to a growing list of altcoins currently vying to win regulatory approval.

The Bitwise Near (NEAR) ETF will track the price movements of the NEAR token, minus expenses, through a traditional brokerage, Bitwise’s May 6 registration statement shows.

Bitwise named Coinbase Custody as the proposed custodian of the Bitwise NEAR ETF. The management fee, ticker and stock exchange it seeks to list on weren’t named yet.

Bitwise must also file a 19b-4 filing with the SEC to kickstart the regulator’s approval process for the fund. The crypto native asset manager indicated it would make such a filing when it registered a trust linked to the NEAR ETF in Delaware on April 28.

NEAR joins a pile of spot crypto ETFs on the SEC’s desk

The SEC now has at least a dozen spot crypto ETFs to review in 2025, including applications for Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), XRP (XRP), Cardano (ADA), Hedera (HBAR), Polkadot (DOT), Chainlink (LINK), Avalanche (AVAX), Aptos (APT) and Sui (SUI).

Bitwise already has applications out for a spot DOGE, SOL, and XRP ETFs, and also has an approved spot Bitcoin (BTC) and Ether (ETH) ETF, which are listed on the NYSE Arca and have attracted a combined $2.35 billion in net inflows since launching last year.

NEAR — the token powering the layer-1 Near blockchain — is the 44th largest cryptocurrency by market cap at $2.73 billion, CoinGecko data shows.

The Near blockchain was once touted as an Ethereum killer and is considered by its proponents as a solution to the “blockchain trilemma” — the challenge of achieving all three critical aspects of blockchain performance: security, scalability and decentralization.

Through Nightshade sharding, Near can process up to 100,000 transactions per second and is secured by 265 active validators, Nearblocks.io data shows.

The Near ecosystem shifted from decentralized finance to AI infrastructure in 2024, unveiling plans to build the world’s largest open-source large language model.

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New Hampshire governor signs crypto reserve bill into law

Published

6 hours ago

May 6, 2025

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New Hampshire governor signs crypto reserve bill into law

New Hampshire became the first US state to allow its government to invest in crypto currencies including Bitcoin (BTC), after Governor Kelly Ayotte signed a bill passed by the legislature into law.

In a May 6 notice, Ayotte announced on social media that New Hampshire would be permitted to “invest in cryptocurrency and precious metals” through a bill passed in the state Senate and House of Representatives. House Bill 302, introduced in New Hampshire in January, will allow the state’s treasury to use funds to invest in cryptocurrencies with a market capitalization of more than $500 billion, eliminating many tokens and memecoins.

“The Live Free or Die state is leading the way in forging the future of commerce and digital assets,” said New Hampshire Republicans in a May 6 X post.

Law, New Hampshire, United States, Bitcoin Reserve — *Signing New Hampshire’s crypto reserve bill into law on May 6. Source:* *Governor Kelly Ayotte*

With the signing of the bill into law, New Hampshire becomes the first of several US states considering passing legislation to establish a strategic Bitcoin reserve, including an initiative with the federal government. A similar bill in Arizona passed the state’s House in April but was vetoed by Governor Katie Hobbs on May 2, and Florida’s government withdrew two crypto reserve bills from consideration on May 3.

New Hampshire’s crypto plans to precede the US government’s?

The efforts to create crypto reserves in different US states come as US President Donald Trump and Republican lawmakers propose similar policies at the federal level. Trump signed an executive order in March to establish a “Digital Asset Stockpile” and a “Strategic Bitcoin Reserve.”

Senator Cynthia Lummis, who sponsored the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act, proposed that the US government could hold more than 1 million BTC through civil and criminal forfeiture seizures. The bill is currently being considered by members of the US Senate Banking Committee.

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