The UK Liberal Democratic Party calls for an investigation into Nigel Farage's Stack BTC promotion campaign.

ME News Report, April 14 (UTC+8), the UK Liberal Democrats have written to the Financial Conduct Authority requesting an investigation into the relationship between Reform Party leader Nigel Farage and Bitcoin treasury company Stack BTC. Previously, Stack BTC disclosed the purchase of 37 bitcoins (approximately $2.7 million) and released promotional videos featuring Farage as the main character, who is also a shareholder of the company. Daisy Cooper, Deputy Leader of the Liberal Democrats, stated in the letter that regulators must investigate whether Farage’s appearance in promotional videos while holding company shares constitutes market abuse and conflicts of interest, saying “political leaders should not treat financial markets as personal piggy banks.” Farage had previously invested $286k through his media company to acquire a 6.31% stake in Stack BTC. Stack BTC is chaired by former Chancellor Kwasi Kwarteng and currently holds over 68 bitcoins. The Liberal Democrats also pointed out that Farage is promoting crypto-friendly policies and questioned whether he is using political platforms to promote cryptocurrencies to artificially inflate prices for personal gain. (Source: PANews)