ZachXBT Exposes Axiom Exchange Employees Abusing Access Controls for Insider Trading
Crypto investigator ZachXBT has released new findings alleging that employees at Axiom Exchange misused internal access to track private user wallets and profit from insider trading. The report focuses on Broox Bauer, known online as WheresBroox, a senior business development employee based in New York.
Axiom was founded in 2024 by Mist and Cal and quickly gained traction after joining Y Combinator’s Winter 2025 batch. The crypto trading platform has since generated over $390 million in revenue. This makes it one of the fastest-growing firms in the sector. However, the investigation claims that weak internal controls allowed sensitive user data to be accessed and abused.
Leaked Dashboard Screenshots Expose User Data
According to recordings of a private call in February 2026, Bauer stated that he could track any Axiom user using referral codes, wallet addresses, or account IDs. He allegedly described starting with 10–20 wallets and gradually increasing the number over time to avoid suspicion.
Interestingly, in the same call, he reportedly set rules for how others could request wallet lookups and promised to share full lists of tracked addresses.
Sadly, leaked screenshots dated April and August 2025 show internal dashboard data tied to traders known as “Jerry” and “Monix,” including connected wallets and registration details. Bauer also discussed tracking users who traded the memecoin AURA.
Investigators said the group compiled a spreadsheet of wallets linked to several crypto influencers and traders using data from Axiom’s internal systems. As such, multiple individuals’ names in the document confirmed that the walker’s information was correct.
Internal Logs Reveal Insider Trading
According to the report, one alleged target was a trader known as Marcell, known for acquiring large shares of memecoin supplies from private wallets before promoting them to followers. Meanwhile, such traders are classified as high-value targets because their private addresses are rarely public. This makes insider data more profitable.
Furthermore, the update also linked Bauer to a network of related wallets identified via private chat messages. While heavy memecoin trading makes it difficult to prove insider trading, investigators stated that only Axiom’s internal logs could confirm the timing and possible intent.
Recordings also mention other Axiom-connected figures, including a moderator known as Gowno (Seb) and another employee, Ryan (Ryucio). Bauer allegedly discussed plans to help Gowno earn $200,000 quickly using internal access. However, this recent finding is not entirely new to the crypto space.
Overall, ZachXBT mentioned that Axiom’s founders may not be aware of the activity. However, he criticized the company’s lack of monitoring and access limits.
The post ZachXBT Exposes Axiom Exchange Employees Abusing Access Controls for Insider Trading appeared first on CoinTab News.
추천 콘텐츠
Which Altcoins Stand to Gain from the SEC’s New ETF Listing Standards?
