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Cryptocurrency exchange founded by Reform donor Ben Delo sued for £20m

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This story was selected and curated by our editorial team in the Bitcoin category. Published on October 13, 2026 • Originally reported by Daniel Boffey Chief reporter. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Former investor alleges BitMEX sold products in UK despite not being regulated by Financial Conduct Authority

A cryptocurrency exchange founded by the billionaire Reform UK donor Ben Delo is being sued for £20m over claims that the company mis-sold financial products in the UK.

Lewis Barber, who is a software engineer, alleges that BitMEX offered crypto derivative products to investors in the UK, despite not being regulated or approved to do so by the Financial Conduct Authority (FCA).

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