Crypto Entrepreneur Faisal Tariq Linked to UK's Largest Illegal Drug Operation
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Illegal Drug Trade Exposed: UK crypto entrepreneur Faisal Tariq has been linked to the largest illegal weight loss drug operation, with enforcement officers seizing £20,000 worth of unlicensed drugs and equipment in Northampton last October, highlighting the severity of the issue and regulatory gaps in the industry.
- Complex Project Background: The Paradox Metaverse game, founded by Tariq and his brother, previously collaborated with popular streamer IshowSpeed, attracting over 43 million followers, yet the project has been accused of being a Ponzi scheme, reflecting the high risks and opacity within the crypto sector.
- Insufficient Regulatory Action: Despite the MHRA's investigation into the illegal drug trade, no arrests have been made against Tariq, indicating a lag in regulatory response that could leave more consumers at risk from unregulated products.
- Market Resilience: The Alluvi website remains active post-raid, claiming high demand for its products, which indicates the resilience of the illegal market and ongoing consumer interest, potentially prompting regulators to intensify enforcement efforts.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
