How ZachXBT tracked Axiom employees allegedly using internal logs to front-run crypto traders
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Key Takeaways
ZachXBT has identified a senior business development employee at Axiom Exchange for insider trading.
The investigation reveals that employees used an internal dashboard to gain a coordinated trading advantage.
Following the revelation, a Polymarket trader netted an estimated $411,000 profit on a correctly placed bet.
Finally, on-chain sleuth ZachXBT has moved from broad allegations to named individuals.
Among those identified is Broox Bauer, known online as @WheresBroox. For context, Bauer is a senior business development employee at Axiom Exchange based in New York.
According to the investigation, Bauer was one of several employees who allegedly exploited weak internal access controls to retrieve sensitive user data and trade on it.
But he did not end it there. In this piece, CCN reveals who the culprits are after days of speculation.
“Axiom Is the Culprit,” ZachXBT States
For those unfamiliar, Mist and Cal founded Axiom in 2024 and later accelerated through Y Combinator’s Winter 2025 batch.
The project quickly became one of the most profitable crypto trading platforms, reportedly generating cumulative revenue of more than $390 million.
That growth, however, now sits under a cloud of scrutiny.
ZachXBT states he was retained to independently investigate allegations of misconduct at Axiom after receiving multiple reports.
The findings center on internal dashboard access that allegedly allowed employees to search users by referral code. Sometimes, they used a wallet address or a UID.
In a recorded private call from February 2026, Bauer allegedly claimed he could track any Axiom user and “find out anything to do with that person.”
In the same recording, he reportedly described reviewing 10 to 20 wallets at a time and gradually scaling activity. The aim was to avoid it looking too suspicious.
“I can track any Axiom user — find out anything to do with that person.” — Broox Bauer, allegedly, in a recorded private call shared by ZachXBT.
Details Revealed
A separate portion of the recording allegedly shows Bauer setting “ground rules” for how others could request user lookups from him before promising to send a full list of tracked wallets.
The call, described as a private strategy session among group members, outlines what ZachXBT characterizes as a coordinated effort to exploit internal visibility for trading advantage.
The report also includes historical examples.
In April 2025, Bauer allegedly shared a screenshot from an internal Axiom dashboard displaying private wallet information for a trader identified as “Jerry.”
In August 2025, he reportedly circulated another image showing registration details and linked wallets for a trader named “Monix.” That same month, he allegedly discussed lookups of Axiom users trading the memecoin AURA.
ZachXBT traced Bauer’s primary on-chain wallet through private chat messages and mapped related addresses. The main wallet identified in the report is:
FarpaWkzio7WQVpQeu2eURvNQZ3pCBZupJ95wUjoHcUN.
Other Wallets Indicted
Due to the high frequency of memecoin trading across connected addresses, the report notes that isolating high-confidence insider trades based solely on wallet timing is difficult without access to Axiom’s internal logs.
However, funds from associated addresses were observed flowing to several centralized exchange deposit addresses, including:
9HtKkLzTVUGMS9BDMSXbVjooP1rVoeiFPj3tEtmj7Qn4
A8XSEaZXYo8eidAMivoAonf8skBeW1QkfprdBJm6eVz
HPr1MSrSB2i9r9Vcsj8Cmx2sUFGudpDum6kY9dp2ePCN
Afp4DargofX8K67BRUuhVuoBy1DJn9vTbH3ico9CaNs1
6rv1iSZ7YyR18R7EPvXwHdDkNp3qzrE9YPQtPnLVaYbv
Axiom Employee Insider Trading | Credit: ZachXBT via X
Recent Events
In the February 2026 recording, Bauer allegedly outlined a plan to help another individual generate $200,000 in rapid profits by leveraging internal access at Axiom.
The February 2026 recording does not involve Broox Bauer alone. Also present on the call is his close friend Gowno, identified as Seb, a recently hired moderator at Axiom.
In the first segment of the recording, Bauer allegedly references another Axiom business development employee, Ryan (known as Ryucio).
Furthermore, he claimed that Ryan had also used the internal dashboard to look up users on behalf of third parties.
“The group created a Google Sheet compiling wallets for multiple KOL targets, mapping out wallet addresses gathered from data obtained via the internal Axiom dashboard by Broox,” ZachXBT revealed.
Bauer further states that he helped secure a moderator role at Axiom for an individual known as Mystery.
Neither Ryan nor Mystery appears in the recorded call itself. However, both are referenced within the broader internal access circle.
In a separate portion of the conversation, Bauer reportedly explains how Gowno’s responsibilities within Axiom would expand over time.
He suggests that as Gowno gains trust and deeper platform access, he could eventually assist with conducting user lookups.
The investigation found that the framing implies a gradual onboarding into the same internal data access pipeline Bauer was allegedly exploiting.
Trader Gets the Correction Prediction on Polymarket
In the meantime, a Polymarket trader has scored a massive win after the ZachXBT revelation.
This sent the related prediction market to a full 100-cent payout.
As shown below, the account, operating under the name “predictorxyz,” had accumulated roughly 477,000 “Yes” shares in the market titled “Will Axiom be accused of insider trading?” at an average price of 13.8 cents.
Following the official declaration, the contract surged to 100 cents, locking in a position value of about $477,000 and an estimated profit of more than $411,000, a return exceeding 600%.
At the time of writing, MET, WFLI, HYPE, and PUMP prices were also stable.
The trade, placed when the probability of an accusation was priced relatively low, has also become one of the most notable single-market wins on Polymarket this month.
Polymarket Trader Payout | Credit: Polymarket
ZachXBT claims this conduct was consistent with similar activity dating back to early 2025.
Private chat messages included screenshots of exchange balances, presented as evidence that the scheme had already generated returns.
Next Steps?
ZachXBT states he contacted Axiom earlier in the day for comment and attached the company’s response to the published report.
Regardless of whether co-founders Mist or Cal were directly aware of the conduct, the report argues that Axiom maintained little to no effective monitoring or access controls to prevent such abuse.
The scope of internal visibility allegedly granted to business development personnel included complete wallet lists, timestamps, tracked addresses, transaction histories, nicknames, and linked accounts.
Given Bauer’s location in New York, the report suggests that the case could fall within the jurisdiction of the U.S. Attorney’s Office for the Southern District of New York (SDNY), should authorities pursue it.
Whether criminal charges materialize remains unclear. But the findings from the Axiom insider trading raise significant questions about governance, internal compliance, and market integrity within one of Solana’s most prominent trading terminals.
In the meantime, Axiom has responded to the report, saying that it wasn’t aware of the situation.
“We are 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,” It emphasized.
The fallout extends beyond one employee.
The broader implication is structural: in a market already under regulatory scrutiny.
Also, allegations of insider front-running at the infrastructure layer could accelerate calls for tighter oversight across decentralized trading platforms in 2026.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
