Axiom Employees Allegedly Involved in Insider Trading Scandal
- Blockchain investigator ZachXBT accused multiple employees at Axiom, a non-custodial trading platform, of insider trading.
- Broox Bauer, a senior business development employee, allegedly used internal tools to track private wallet activity since early 2025.
- Axiom has generated $390 million in revenue since its debut in 2024 and is backed by accelerator Y Combinator.
- ZachXBT shared materials showing Bauer allegedly sharing private wallets connected to specific traders with others.
- The investigation led to speculation on prediction markets like Polymarket about which company would be exposed for insider trading.
ZachXBT’s findings have implicated Axiom employees in insider trading activities by using internal tools to access sensitive user data. The allegations have sparked significant speculation and activity on prediction markets regarding the identity of the implicated firm.
Axiom’s response included removing access to the abused tools and promising further investigation into the matter as they aim to hold responsible parties accountable for their actions. (Source)