Blockchain sleuth ZachXBT on Thursday mentioned a senior worker at onchain buying and selling platform Axiom Change allegedly abused inside entry to person information to trace personal wallets and doubtlessly commerce memecoins utilizing inside data.
In a thread posted to X, ZachXBT mentioned Broox Bauer, a New York-based senior enterprise improvement worker at Axiom, used inside dashboards to lookup delicate person data — together with linked pockets addresses — and shared that information with a small group that mapped trades of distinguished crypto influencers.
Axiom, based in 2024 by Mist and Cal and a member of Y Combinator’s Winter 2025 cohort, has generated greater than $390 million in income so far, in line with ZachXBT.
ZachXBT mentioned he was retained to research allegations that inside instruments had been being misused. He didn’t say who retained him.
In audio clips shared within the thread, an individual mentioned to be Bauer allegedly claims he can monitor “any Axiom person” by referral code, pockets tackle or UID and “discover out something to do with that individual.” In the identical recording, he describes initially researching 10–20 wallets and regularly rising exercise “so it doesn’t look that suspicious.”
Axiom didn’t reply to CoinDesk’s request for remark. In a publish on X, Axiom mentioned it was “shocked and dissatisfied” that somebody on the crew abused inside buyer help instruments.
“We’ve eliminated entry to those instruments and can proceed to research and maintain the offending events accountable,” Axiom continued. “This doesn’t characterize us as a crew, now we have all the time tried to place the person first. We’ll share updates on our twitter as we study extra.”
The investigator alleged Bauer shared screenshots in April and August 2025 displaying personal pockets information tied to particular merchants, together with linked addresses and registration particulars. He additionally claimed a bunch compiled pockets addresses for a number of crypto key opinion leaders (KOLs) in a Google Sheet utilizing information sourced from Axiom’s inside dashboard.
A number of of the individuals named within the leaked materials independently confirmed the accuracy of pockets data, in line with ZachXBT.
The alleged technique centered on merchants identified for accumulating massive memecoin positions from personal wallets earlier than selling tokens publicly. By figuring out beforehand undisclosed wallets, the group might theoretically monitor accumulation patterns and place forward of anticipated worth strikes.
ZachXBT recognized what he mentioned was Bauer’s main pockets and mapped associated addresses, noting that funds flowed to a number of deposit addresses on centralized exchanges. He cautioned, nevertheless, that with out entry to Axiom’s inside logs, it’s tough to ascertain high-confidence examples of insider buying and selling based mostly solely on onchain information.
The claims surfaced amid heightened scrutiny of buying and selling practices in crypto. Earlier this week, a broadly adopted Polymarket guess on the identification of the agency within the investigation shifted sharply towards Axiom, with the market producing greater than $30 million in quantity.
Solana-based liquidity platform Meteora was the main candidate at about 43% odds earlier within the week, with Axiom, Pump.enjoyable, Jupiter and MEXC trailing at decrease possibilities.
As of European morning hours Thursday, these odds shifted and Axiom turned the frontrunner at 35%, adopted by Meteora at 26% and the ‘others’ class at 15%.
Whereas prediction market odds mirror dealer sentiment, they provide no verified perception into the underlying proof or the result of the investigation.
