Written Question·Treasury·UIN 47049

Money Laundering: North Korea

Tabled: 22 April 2025
Answered: 28 April 2025

Question

David Smith

LabourNorth Northumberland

To ask the Chancellor of the Exchequer, what steps her Department is taking to prevent North Korean cyber criminals laundering stolen funds through UK institutions.

Answer

Emma Reynolds
The Government is aware of reporting relating to the recent cyber activity linked to the DPRK, involving the cryptocurrency exchange ByBit. The UK works closely with our allies to deter all malign actors from conducting malicious cyber activity. This incl...

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