🔍 Insider trading within Axiom - ZachXBT investigation
The crypto community confirmed rumors about possible insider trading in one of the fastest growing trading platforms - Axiom. The investigation was conducted by the well-known on-chain detective ZachXBT.
🧐 The main thing from the investigation:
▪️ An employee of the BD department Brooks Bauer (BROOX), who had access to the internal tools of the platform, came under suspicion. He could track users’ private wallets by UID, referral code and other data.
▪️ The information obtained could be used for memecoin trading and potential front-run transactions. Inside the group, tables with wallet addresses of traders and influencers were created to track their activity. Some Axiom employees and moderators could also have access to this data and participate in the scheme.
👌 Of course, against this background, before the publication of the investigation, a vote was created on Polymarket, where insiders also managed to make money. For example, the user predictorxyz put $65,800 on the outcome associated with Axiom and received $411,400.
Exposed some insiders and helped others earn money😉
The crypto community confirmed rumors about possible insider trading in one of the fastest growing trading platforms - Axiom. The investigation was conducted by the well-known on-chain detective ZachXBT.
🧐 The main thing from the investigation:
▪️ An employee of the BD department Brooks Bauer (BROOX), who had access to the internal tools of the platform, came under suspicion. He could track users’ private wallets by UID, referral code and other data.
▪️ The information obtained could be used for memecoin trading and potential front-run transactions. Inside the group, tables with wallet addresses of traders and influencers were created to track their activity. Some Axiom employees and moderators could also have access to this data and participate in the scheme.
👌 Of course, against this background, before the publication of the investigation, a vote was created on Polymarket, where insiders also managed to make money. For example, the user predictorxyz put $65,800 on the outcome associated with Axiom and received $411,400.
Exposed some insiders and helped others earn money😉