I was actually going to stop reading and not reply the moment you said, "She's pregnant," because she announced she gave birth about six months ago or something. So it's pretty obvious you don't really follow Alexa, lol.
Second, you're talking like you own this discussion thread. I can say whatever I want, just like you can say Alexa is the nicest person on Earth and deserves everyone's support to become the next governor of Texas.
Third, you can call them "stupid theories" if they're actually just theories. But please don't embarrass yourself by claiming she's still running the page herself. That just makes you look like someone who falls for AI-generated videos claiming a mouse ate a lion in a "video that shocked scientists."

Finally, this will probably be my last reply on why people criticize creators who hand their accounts over to agencies.
There are two sides to it.
The first is the ethical side. There are people like you who genuinely can't tell who's running the account. They have no idea they're talking to some Filipino guy. They believe they're supporting Alexa herself. They believe they're talking to Alexa herself. That's scamming. The moment they eventually find out, they're going to feel awful knowing they spent their money while the girl they thought they were supporting was out traveling, enjoying her life, and probably doesn't even know she still has an OF page until the monthly payout hits her bank account.
On top of that, agencies want profit. So the Filipino employee making around $15 plus a % commission on every sale will naturally try to scam you and mislead you with misledaing descriptions. They know plenty of tricks to get you to spend money in ways that are difficult to prove later if you try to request a refund.
The other side is the damage agencies do to the page itself. The moment they take over, new videos stop. Suddenly there's 24/7 chat because it's staffed by employees. The account becomes free. They start selling bundles full of videos from 2022 mixed with videos from 2025, most of which have already been leaked, for something like $10, usually without any preview. They ask where you're from and collect your personal info so they can use it later to take advantage of lonely guys or rich old people looking for sexting. There are no more livestreams. No more new videos. The model you actually like is no longer reading your suggestions for future content.
If you're okay with that, that's your choice. I'm not telling anyone what to do with their money. I'm simply explaining why many people dislike agency-managed accounts.