Multiple UK outlets report that a £5 million gift to Reform UK leader Nigel Farage from a cryptocurrency billionaire was disclosed to the UK National Crime Agency (NCA) by bankers. The disclosure is said to have been made because the banks were concerned the funds might involve money laundering. The reports follow ongoing scrutiny of whether Farage complied with parliamentary disclosure requirements regarding the gift. The Guardian says Farage is awaiting a decision by the relevant standards commissioner on whether his failure to declare the money breached parliamentary rules. The news comes as Farage resigns as an MP and triggers a by-election, which he plans to contest. Commenting on the disclosure, Labour’s party chair Anna Turley characterises the NCA report as “deeply serious” and calls on Farage to cooperate with authorities. Other coverage focuses on what is known about the report and the wider political context around Farage’s resignation and the by-election.