Crypto Companies Sunak Tried to Woo Now Look to Starmer

Two nights before Prime Minister Rishi Sunak surprised the UK by calling a snap election, crypto executives were sipping wine and eating canapes on a House of Commons terrace, part of a months-long bid to build stronger links with British lawmakers and power brokers.

The event was organized by US-based crypto exchange Coinbase Global Inc. and its adviser, former Conservative Chancellor of the Exchequer George Osborne. But while senior members of both of Britain’s two dominant political parties were there, the influence campaign had increasingly targeted Labour, given its large and consistent lead in polls.