Mini Theory on Lily and Faith deaths and the Ribbon

As of episode 3, we get to meet Bloody Mary. When I saw her with the Axe, I was wondering how did she get it. Then I see the Tweedle dudes. Tweedle Dee in episode 1 said he was looking for something and I believed that he was looking for the Axe so he can give it to the boss. I first thought Bloody Mary killed Faith with the axe but Dee wanted to know some info about her at the end of episode 1. Episode 2 was when he talks about his boss. Could be Mary since she had the axe.

Remember when the 'prostitutes' kept saying "These lips are sealed"? In episode 4, Bigby notices the shackles. And it looked like it goes around the neck. Could this be the reason why they wear the ribbons? Maybe they are involved in the glamour scheme.

Any thoughts?

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