Former fugitive Alice Guo tied to crypto exchange that stole millions from users
Disgraced former Philippine mayor Alice Guo has been linked to defunct Atom Asset Exchange (AAX), which laundered and stole customers’ crypto assets in 2022, amid a shocking trial of human trafficking and fraud that has captured the nation.
Guo made headlines in March for her ties to a financial slavery ring operating just 100 meters from her mayoral office in Bamban, a small town north of Manila. Investigators found almost 1,000 workers on the property, mostly running an illegal gambling operation that catered to Chinese clients. Some of the workers had been human trafficked and forced into conducting pig-butchering scams.
Baofu, the 20-acre compound housing the operation, was once 50% owned by Alice Guo. Investigators raiding Baofu…
