Reform UK has called for an investigation into donations totaling £37,500 received by UK Defence Secretary Wes Streeting from Labour for the Long Term, a now-defunct think tank. A Telegraph investigation traced the funds back to a £500,000 contribution from Sam Bankman-Fried, the convicted founder of crypto platform FTX, to the think tank’s founder David Lawrence in July 2022. The group then donated £30,000 to Streeting in August 2022 and another £7,500 in August 2023 to fund a part-time policy adviser. Streeting has maintained that all donations were properly declared and that he had no knowledge of the original source of the funds. SBF was convicted in November 2023 and sentenced to 25 years in prison for misusing billions in FTX customer funds, including for political donations.
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