Crypto investigator ZachXBT detailed the outcomes of a current investigation immediately that present how a gaggle of Axiom workers allegedly abused weak inner controls to spy on delicate person information and perform insider buying and selling utilizing pockets exercise.
The beforehand teased exposé exhibits a gaggle of Axiom workers and moderators discussing how they used the corporate’s dashboard to tug up “anything” on its customers.
They apparently mapped out key opinion leaders (KOLs) throughout the crypto business and focused pockets particulars made out there by one of many firm’s senior enterprise growth professionals, Broox Bauer.
The group was recorded strategizing on how one can insider commerce and confirmed Bauer describing the methods he can pull up Axiom person information by monitoring a person’s reference code, pockets, or person ID.
Bauer lays out floor guidelines to his group in the course of the name, telling them to not ship any Discord messages alluding to what they’re doing, and promising that in the event that they ship him particular figuring out data, he’ll then get them “what they need.”
3/ Broox is a present Axiom senior BD worker primarily based in New York.
Within the clip Broox states he can monitor any Axiom person through ref code, pockets, or UID and claims he can “find out anything to do with that person”.
He additionally describe researching 10-20 wallets initially and slowly… pic.twitter.com/60rhcapkH6
— ZachXBT (@zachxbt) February 26, 2026
Bauer additionally particulars how he’s slowly elevated the variety of wallets he’s probing from an preliminary 10 to twenty “so it does not look that suspicious.” He additionally guarantees considered one of his members a revenue of $200,000 due to his entry to Axiom’s information.
ZachXBT’s findings additionally revealed how the group focused “a trader with a poor reputation for using his followers on X and Telegram as exit liquidity.”
Certainly, one member within the name says, “Time to farm the farmers.”
Axiom shocked by ZachXBT’s findings
In response to ZachXBT’s investigation, Axiom mentioned it’s “shocked and disappointed to hear that someone on our team abused internal customer support tools to look up user wallets.”
“We have removed access to these tools and will continue to investigate and hold the offending parties responsible,” the crypto change mentioned, including, “This does not represent us as a team, we have always tried to put the user first. We’ll share updates on our twitter as we learn more.”
ZachXBT hinted that the insider buying and selling proof is likely to be match for a authorized case towards the alleged group within the Southern District of New York.
He mentioned, “Whether or not criminal charges are filed, I hope the Axiom co-founders further investigate the abuse and consider taking legal action against the employees involved.”
ZachXBT’s Axiom teaser precipitated $38 million hype prepare
On February 23, ZachXBT introduced that he’d undertaken a “major investigation” into considered one of “crypto’s most profitable businesses where multiple employees abused internal data to insider trade over a prolonged period of time.”
This teaser mentioned all could be revealed immediately, sending Crypto Twitter into hypothesis overdrive as customers tried to guess which agency he was speaking about. The submit alone has over 11 million views.
It quickly caught Polymarket’s consideration, and it launched a prediction market primarily based on which agency could be outed.
This market attracted $38 million in buying and selling quantity, with Polymarket additionally taking bets on which day the investigation could be launched and at what particular time.
Sarcastically, some in crypto warned customers to keep away from this explicit market, because the potential for someone associated to the investigation to make use of insider data to commerce in the marketplace is excessive.
ZachXBT additionally famous that after the teaser was dropped, “prediction market bros started raiding my DMs for insider info.” He additionally instructed that the variety of interviewees means a “leak is probably inevitable.”
One Axiom worker was left red-faced after they confidently denounced Axiom’s potential to be in ZachXBT’s exposé. They’ve since apologised for his or her wayward takes.
I hope everybody realizes I used to be standing up for a corporation I absolutely trusted and believed in.
I additionally had the balls to place my cash the place my mouth was.
I misplaced $20k on the polymarket.
I don’t have any regrets.
— Devin (@devininsider) February 26, 2026
“Devin” has additionally subsequently claimed that they’d been buying and selling on this prediction market concerning the agency the place they work and misplaced $20,000 consequently.
The potential for insider buying and selling is a frequent criticism of prediction markets. Certainly, Polymarket rival Kalshi fined Mr. Beast’s editor, Artem Kaptur, for insider buying and selling forward of varied markets associated to his YouTube channel.
Kalshi additionally fined the previous California Governor Kyle Langford for utilizing private data to insider commerce in his personal elections.
An investigation was additionally opened by Israel towards two navy personnel who have been accused of utilizing navy secrets and techniques to insider commerce markets involving missile strikes towards Iran.
