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Brexit’s top donor outed as Bitfinex, Tether parent shareholder
- cmeacham98 6y agoIs there some reason their position as a digfinex shareholder is relevant to their donation?
- ThePhysicist 6y agoProbably because those companies would profit from more deregulation and independence of EU scrutiny (not that the EU would do a very good job scrutinizing banks and brokers, mind you).
- gruez 6y agoAFAIK bitfinex operates out of hong kong, so they're not really subject to much regulation to begin with (if any)
- smitty1110 6y agoIt’s complicated. Bitfinex is registered in Taipei, but iFinex is the parent company and is registered in the British Virgin Islands. Additionally, Tether Operations Limited is registered in London.
- vmception 6y agoIt isn't relevant. Nigel Farage has always given passionate speeches that resonated with an internet crowd. It resulted in donations to his party. Not really news.
- Proven 6y agoAnother example of how Bitcoin indirectly benefited even those who haven't even heard of it.
- JI00912 6y ago"Outed", "reveled", etc. The purpose of this type of language is to influence people. In other words, it's propaganda.
- pmarreck 6y agoIs there a site cataloguing the “loaded language” (at least in English) that is designed to inflame?
- nwiswell 6y agoWikipedia's editorial standards. The editors fight over language all the time. https://en.m.wikipedia.org/wiki/Wikipedia:Manual_of_Style/Words_to_watch https://en.m.wikipedia.org/wiki/Wikipedia:Manual_of_Style/Wo...
- pmarreck 6y agooh this will be an excellent read over afternoon coffee, thank you!!
- wlesieutre 6y agoIn contrast to the $14 million donations to the Reform UK party in 2019, which were surely not used to influence anything
- birken 6y agoWhat is the purpose of your comment?
- vmception 6y agoNothing in that article is relevant to anything. It is a collection of bullet points that have little relation to each other. Donating to Nigel Farage's party is all that happened. Someone from Asia has a local name and a "western" name, stop the presses. You know that is extremely common right? "Secret identity business man uses the most relevant jurisdictions for doing international business and appears in a data leak, look at that" mmmmk
- sergiotapia 6y ago"outed" lol pretty shameless "reporting"
- lettergram 6y agoI really don’t see: 1. Why this is at the top of HN 2. Why it matters what assets this donor was holding 3. Why brexit is being demonized at all, people have spoken, 5 years ago. Long term it could be good or could be bad, we don’t really know. We do know the UK has kept its sovereignty. Presumably, many in the UK (the majority) wanted an independent nation. I don’t see why who promoted the movement is demonized. It’s a reasonable thing to want, not necessarily saying it’s a good thing.
- jeffbee 6y agoSo, have you read "Shock Doctrine"? People stand to make a lot of money by destabilizing governments and society.
- brigandish 6y agoNot being in the EU does not count as destabilising government and society. Either choice - remain or leave - was reasonable, the debate surrounding it was (largely) unreasonable. There's no need to continue the unreasonableness now.
- jeffbee 6y agoBrexit certainly destabilized British society by proving that young people have no stake in the social compact, old people will throw them under a bus as soon as they get the chance. It will also prove to have instigated the dissolution of the United Kingdom, eventually.
- pmarreck 6y agoI cannot find a reputable intelligent source that has only good things to say about Brexit, and I can easily find many reputable intelligent sources that have only bad things to say about it. So on the balance, as many movements seemingly only driven by populism and propaganda seem to be, it looks pretty bad.
- redis_mlc 6y ago
- thebean11 6y agoSuper interesting, I'm curious why? Was this somehow better for their business, or just based on personal political beliefs?
- beervirus 6y agoWhy is it interesting? He’s a rich guy—he’s probably a shareholder in lots of companies.
- argvargc 6y agoTranslation: people make political donations
- temp8964 6y agoAnd they should be outed if they dare to donate to the other side. How dare they!
- kasey_junk 6y agoIs there any place in the world where there is a norm that political donations are private?
- solarkraft 6y agoDoes the topic have any relevance to their business?
- hyko 6y agoWorth noting that this funding was not for the leave campaign, but rather the failed “Brexit party” that was formed long after Britain had already voted to leave the European Union.
- airbreather 6y agoI was always of the opinion the underlying brexit reason was for british off-shore banking to avoid EU scrutiny
- airbreather 6y agohttps://www.icij.org/investigations/paradise-papers/british-virgin-islands-corruption-scandal-threatens-its-dependable-tax-haven-reputation/ https://www.icij.org/investigations/paradise-papers/british-...