Disgraced former Philippine mayor Alice Guo has become central to an international scandal involving crypto fraud and laundering following the closure of Atom Asset Exchange.
Who is Alice Guo
Alice Guo is a former mayor of a Philippine city, currently under investigation for human trafficking and fraud. Her name has been frequently connected to illegal activities, including gambling and potential espionage.
Connection to Atom Asset Exchange
Investigations revealed that Guo had ties to the now-defunct Atom Asset Exchange, from which millions were stolen. AAX co-founder Su Weiyi is accused of misappropriating user funds, worsening the scale of the examined criminal network.
Charges and Investigations
Guo and her partners are charged with money laundering, human trafficking, and running illegal gambling operations. Additionally, there are suspicions of her citizenship being forged. Senator Risa Hontiveros publicly expressed concerns about Guo's roles in criminal schemes and her potential status as a spy or major money launderer.
While Alice Guo denies all charges, the evidence against her and her network of accomplices continues to grow.
