The disgraced former mayor of Bamban, Alice Guo, has been linked to the now-defunct Atom Asset Exchange (AAX), which was involved in the laundering and theft of customers' cryptocurrency assets. Guo, who is currently facing trial for human trafficking and fraud, was previously connected to a financial slavery ring operating near her mayoral office. Investigators discovered evidence linking Guo to the illegal activities, including a car and escape tunnels registered in her name. The revelations have raised concerns that Guo may be a Chinese spy, as her fingerprints match those of a Chinese citizen. AAX's alleged mastermind, Su Weiyi, is also connected to other companies involved in money laundering. This case highlights the growing issue of organized crime, including money laundering and cryptocurrency scams, in Southeast Asia. The situation in the Philippines has also raised concerns about Chinese interference due to ongoing territorial disputes in the South China Sea. Guo is facing numerous charges, including money laundering, operating an illegal gambling ring, and human trafficking, and could face over a thousand years in prison if convicted. She has denied all charges.



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