Crypto Investigator ZachXBT Accuses Axiom Employee of Insider Trading
In a developing situation within the cryptocurrency industry, investigator ZachXBT has accused a senior employee of Axiom Exchange, Broox Bauer, of insider trading. The allegation revolves around accused misuse of internal tools to access sensitive user data.
Allegations Against Axiom Employee
According to ZachXBT, Bauer used internal dashboards to access linked wallet addresses and other personal information of Axiom users. This data was reportedly shared with a select group that followed the trading activities of major crypto influencers. The investigation was prompted by concerns regarding the potential misuse of Axiom’s internal resources, although the identity of ZachXBT’s client remains undisclosed.
Axiom Exchange Overview
Axiom, a trading platform that launched in 2024, is part of Y Combinator’s Winter 2025 cohort. To date, the platform has generated over $390 million in revenue. In response to the allegations, Axiom expressed disappointment over the misuse of its customer support tools and has since revoked access to these resources.
Details of the Accusations
Audio recordings purportedly featuring Bauer suggest that he claimed the ability to track any Axiom user by referral code, wallet address, or UID. Bauer reportedly described evolving his research on wallets to avoid raising suspicion. Additionally, ZachXBT alleges that Bauer shared sensitive wallet data screenshots from April and August 2025, highlighting specific traders and their registration details.
- Methods Utilized: Bauer allegedly compiled data into a Google Sheet, tracking wallet addresses of various key opinion leaders (KOLs) in the crypto space.
- Objective: The strategy focused on identifying wallets to monitor accumulation patterns before public promotions of memecoins.
- Verification: Several individuals referenced in the leaked data confirmed the accuracy of the wallet information.
Investigation and Industry Response
While ZachXBT mapped Bauer’s primary wallet and attendant addresses, he noted that without internal records, establishing proof of insider trading based solely on on-chain data is challenging. The scrutiny of trading practices in cryptocurrency is intensifying. Recently, speculation around Axiom’s involvement in the investigation gained traction, as betting odds fluctuated sharply within prediction markets, signaling a significant rise in attention.
As of Thursday morning in Europe, Axiom emerged as the leading entity under investigation, with 35% odds, followed closely by the Solana-based platform Meteora at 26%. Despite these market shifts, it’s crucial to recognize that these predictions reflect trader sentiments and lack verified insights into the actual circumstances.
Conclusion
Axiom has committed to continuing its investigation and has pledged to hold accountable those who misuse internal resources. Updates will be shared via Axiom’s social media channels as new information becomes available. The situation remains fluid, reflecting ongoing concerns about insider trading practices within the cryptocurrency environment.
