Former Philippine mayor has alleged ties to defunct crypto exchange AAX, which defrauded $30M in customer funds.
Alice Guo’s business partners are linked to transnational organizations suspected of scams and illicit acts.
There are speculations of her falsified citizenship as her fingerprints are identical to a Chinese national.
Alice Guo, a former Philippine mayor, is facing allegations of involvement with the defunct Atom Asset Exchange (AAX) and other potentially illicit activities. A report from Rappler connects Guo’s business partners in Bamban to transnational organizations suspected of operating scams.
This investigation comes as Guo faces an ongoing criminal trial for human trafficking and fraud. She is allegedly involved in illegal gambling, human trafficking, and potentially even Chinese espionage.
Mayor’s Illicit Crypto Ties
The defunct AAX crypto exchange, founded by Su Weiyi, is at the center of this scandal. AAX shut down in 2022 after accusations of misappropriating millions in customer funds, with reported losses reaching up to $30 million. Su Weiyi faces allegations of orchestrating the theft and has ties to other companies linked …
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