Written questions

North Korea: Cryptocurrencies

Commons · Question 44895 · Tabled 8 Apr 2025 · Foreign, Commonwealth and Development Office · Official record

Answered 28 Apr 2025

Question

Asked by Sir Iain Duncan Smith

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment he has made of the potential implications for his policies of the recent $1.5 billion cryptocurrency theft by North Korea; what steps he has taken to trace th

Answer

Answered by Catherine West, 28 Apr 2025

The UK Government is aware of reporting relating to the recent cyber activity linked to the Democratic People's Republic of Korea, involving the cryptocurrency exchange ByBit. The UK has been consistent in challenging malicious cyber activity carried out ...