The Guardian: Farage’s £5M crypto-linked gift was reported to the NCA over potential ML concerns, flagging scrutiny around source of funds and high-value political donations

The referral highlights the enhanced scrutiny applied to large financial transfers, particularly where funds originate from complex or high-risk sectors such as cryptocurrency. While a report to the NCA does not indicate wrongdoing, it reflects concerns around source-of-funds verification, transparency of political donations and potential misuse of financial channels for illicit finance…