Question to the Home Office:

To ask His Majesty's Government, further to Written Answer by Lord Hanson of Flint on 18 December 2024 (HL3295) for each year since 2019, how much cryptocurrency was recovered from confiscation, forfeiture, and civil recovery orders by (1) Police Forces in England and Wales, (2) the National Crime Agency, (3) His Majesty’s Revenue and Customs, (4) the Serious Fraud Office, (5) the Crown Prosecution Service, (6) Border Force, (7) the Financial Conduct Authority, and (8) local authorities in England and Wales.

The Home Office is reviewing plans to publish new statistics on crypto assets as part of future annual stats bulletins on asset recovery in response to the new powers that came into effect in April 2024.

The Proceeds of Crime Act 2002 (POCA) contains powers to deprive criminals of their money, or other property connected to criminal activity, and recover the proceeds of crime, including cryptocurrencies. As with all assets, action to seize, recover and manage crypto assets is for independent law enforcement bodies and the courts to consider.

We do not routinely publish the amount recovered under the Proceeds of Crime Act 2002 by asset type.