PANews reported on April 14th, citing Cointelegraph, that the UK Liberal Democrats have written to the Financial Conduct Authority (FCA) requesting an investigation into the relationship between Reform Party leader Nigel Farage and Bitcoin treasury company Stack BTC. Stack BTC previously disclosed the purchase of 37 bitcoins (approximately $2.7 million) and released a promotional video featuring Farage, who is also a shareholder in the company. In the letter, Liberal Democrat Deputy Leader Daisy Cooper stated that regulators must investigate whether Farage's appearance in a promotional video while holding company shares constitutes market abuse and a conflict of interest, adding, "Political leaders cannot be allowed to treat financial markets as personal piggy banks."

Farage had previously invested $286,000 in Stack BTC through its media company, acquiring a 6.31% stake. Stack BTC, chaired by former Chancellor of the Exchequer Kwasi Kwarteng, currently holds over 68 bitcoins. The Liberal Democratic Party also pointed out that Farage is pushing crypto-friendly policies, questioning whether it is using a political platform to promote cryptocurrency for personal gain by inflating prices.