

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 the assets and prevent further illicit transactions; what steps have been discussed to strengthen security protocols; and whether this has included the imposition of sanctions on cryptocurrency and related entities linked to North Korea.
This written question reflects a security-driven and risk-aware stance on crypto, focused on illicit use by hostile actors, specifically North Korea. It does not question the legitimacy of crypto itself but emphasises its misuse for cybercrime and sanctions evasion, calling for asset tracing, stronger security, and possible sanctions.
To ask the Secretary of State for the Home Department, if she will use her discretionary powers to redirect a portion of the cash and cryptocurrency seized by the National Crime Agency in Operation Destabilise for the benefit of survivors of the war in Ukraine.
This written question is not about crypto regulation or legitimacy, but about the potential humanitarian use of seized crypto assets. It reflects a neutral stance on crypto itself, while proposing a constructive, values-driven use of assets confiscated in a criminal investigation (Operation Destabilise).