ZachXBT Exposes $390M Axiom Exchange Insider Trading Scandal in NYC

Key Takeaways:

• ZachXBT, a crypto investigator alleged that an employee of Axiom Exchange imposed internal tools to track others’ personal wallets to conduct insider trading.
• Broox Bauer, the alleged employee who was reported to access user’s sensitive data through internal dashboard from 2025.
• Axiom said that he had withdrawn relevant tools access rights and the company is conducting the investigation.

A fresh controversy is shaking one of crypto’s fastest-growing trading platforms. Insider trading and internal data leakage have been alleged in Axiom Exchange and cast grave doubts regarding the privacy of the users and the control of compliance.

Read More: Ledger Data Leak Exposes Customer Details via Global-e, ZachXBT Flags Fresh Third-Party Breach

Allegations Target Senior Axiom Employee

As reported by ZachXBT, a top business development employee at Axiom Exchange was charged with access monitoring and trading on the privileged information through weak access controls to monitor private wallet activity.

The employee called Broox Bauer with a reported base in New York is alleged to have accessed internal dashboards where he used referral codes, wallet addresses, and unique ID to search user information. In leaked audio clips referenced in the investigation, Bauer allegedly claimed he could “track any user” and gradually scaled lookups to avoid suspicion.

Axiom was founded in 2024 by Mist and Cal and later joined Y Combinator’s Winter 2025 batch. It is estimated that the platform has already earned more than $390 million in revenue, which makes it one of the higher profitability new players in the crypto trading industry.

Read More: BNB Chain Brings on Top Crypto Sleuth ZachXBT in Major Push to Combat Web3 Scams and Fraud

Internal Dashboard Data and Wallet Mapping

The probe purports that April 2025 and August 2025 screenshots of internal dashboards indicate private wallet data of particular traders. The personal information that was exposed reportedly featured linked wallets, timestamps, transaction history, and nicknames of the accounts.

Focus on Meme Coin Traders

One of the so-called strategies attacked the high-profile meme coin traders and KOLs. It is also claimed that a spreadsheet which was shared via Google reportedly contained wallet addresses received with some inside access. A number of people mentioned in leaked information personally proved that the information about the wallet was correct.

An example provided was that of monitoring traders who were stocking the meme coins in off-the-record wallets and promoting them later. Since these wallets are not very shared and in many cases they are not written on the same piece of paper, the insider knowledge of these wallets might provide a significant trading advantage.

ZachXBT also identified what he described as Bauer’s primary wallet and mapped related addresses. However, he noted that without internal logs, onchain data alone cannot conclusively prove insider trading based on timing.

Axiom Responds, Access Revoked

In response, Axiom Exchange said it was “shocked and disappointed” by the allegations. The company stated it removed access to the internal customer support tools involved and pledged to continue investigating.

The site focused on the fact that the alleged behavior is not based on their values and promised to make the responsible parties accountable.

The post ZachXBT Exposes $390M Axiom Exchange Insider Trading Scandal in NYC appeared first on CryptoNinjas.