- ZachXBT was retained to analyze Axiom after stories emerged of staff misusing inner dashboard instruments since early 2025.
- Senior BD worker Broox Bauer allegedly tracked personal consumer wallets and shared delicate knowledge with a gaggle for monetary acquire.
- Axiom’s inner instrument reportedly uncovered full pockets histories, linked accounts, and timestamps to workers past their job scope.
ZachXBT has uncovered a reported insider buying and selling ring working inside Axiom Change, one of many crypto business’s fastest-growing buying and selling exchanges.
The blockchain investigator was introduced in to evaluate the allegations of wrongdoing and supplied their proof from leaked audio tapes, inner screenshots and pockets knowledge.
A number of staff have been concerned within the investigation, though a single senior worker seems to have been mainly chargeable for the actions accused of being improper.
ZachXBT Was Retained to Examine Experiences of Misconduct at Axiom
ZachXBT started the investigation after receiving credible stories about worker misconduct at Axiom Change.
The platform was based in 2024 by two people referred to as Mist and Cal. After finishing Y-Combinator’s Winter 2025 batch, Axiom grew quickly and has generated over $390 million in income up to now.
The investigator discovered that staff allegedly exploited a scarcity of entry controls inside Axiom’s inner instruments.
These instruments allegedly allowed staff to entry delicate consumer knowledge with none limitations. In accordance with ZachXBT, the abuse had been going down for the reason that early a part of 2025.
1/ Meet @WheresBroox (Broox Bauer), one of many a number of @AxiomExchange staff allegedly abusing the shortage of entry controls for inner instruments to lookup delicate consumer particulars to insider commerce by monitoring personal pockets exercise since early 2025. pic.twitter.com/KwICQMJL1q
— ZachXBT (@zachxbt) February 26, 2026
From the investigation, ZachXBT collected leaked audio information, screenshots of personal chats, and on-chain pockets info.
All these items of proof led to the conclusion that there was a deliberate try to become profitable from personal consumer knowledge.
The findings have been then printed alongside a request for remark from Axiom’s co-founders.
Senior BD Worker Broox Bauer Named as Central Determine within the Scheme
ZachXBT recognized Broox Bauer, a senior enterprise growth worker primarily based in New York, as a key determine within the alleged scheme.
In leaked audio, Bauer reportedly claimed he might observe any Axiom consumer by a referral code, pockets deal with, or consumer ID. He additionally acknowledged he might “discover out something to do with that individual.”
Bauer allegedly described a technique of monitoring 10 to twenty wallets at a time and growing the quantity regularly.
He stated this strategy was deliberate so the exercise wouldn’t seem suspicious. He additionally reportedly set floor guidelines for a way others within the group might request pockets lookups from him.
ZachXBT recognized Bauer’s main pockets by messages present in a personal chat. All immediately associated pockets addresses have been then graphed out by the investigator.
Because of the excessive quantity of meme coin trades tied to these addresses, pinpointing particular insider trades required entry to Axiom’s inner logs, which ZachXBT didn’t have.
Inside Dashboard Gave Workers Entry Far Past Their Job Scope
ZachXBT famous that Axiom’s inner dashboard supplied staff with an uncommon stage of entry.
The instrument reportedly displayed a consumer’s full pockets checklist with date and time stamps, wallets being tracked, transaction historical past, pockets nicknames, and linked accounts. This stage of visibility is atypical for enterprise growth roles at most platforms.
The group allegedly compiled pockets addresses of a number of key opinion leaders right into a shared Google Sheet.
The information was reportedly pulled immediately from the interior dashboard by Bauer. A number of KOLs named within the sheet independently confirmed the accuracy of the pockets knowledge when contacted by ZachXBT.
In April 2025, Bauer reportedly shared a screenshot from the interior dashboard exhibiting personal pockets knowledge for a dealer named “Jerry.”
In August 2025, he shared one other picture revealing registration particulars and pockets addresses for a dealer known as “Monix.” Discussions about lookups tied to the meme coin “AURA” additionally surfaced from that very same interval.
ZachXBT Flags Different Alleged Individuals and Requires Authorized Accountability
Past Bauer, ZachXBT’s investigation pointed to different Axiom workers allegedly concerned within the scheme.
Bauer reportedly named Ryan, identified on-line as Ryucio, as one other BD worker who performed consumer lookups for others. Bauer additionally allegedly helped a good friend known as Thriller safe a moderator function at Axiom.
A just lately employed moderator named Gowno, recognized as Seb, was current on the recorded name. Through the name, Bauer reportedly outlined a plan for Gowno to earn $200,000 by abusing his platform entry over time. Neither Ryan nor Thriller appeared on the recorded name, although each have been mentioned intimately.
ZachXBT reached out to Axiom’s co-founders for remark earlier than publishing and acquired a press release in response.
The investigator famous that no matter whether or not Mist or Cal have been conscious, there have been little to no monitoring methods or entry controls in place.
ZachXBT steered the case might fall below the jurisdiction of the Southern District of New York and known as on Axiom’s founders to pursue authorized motion in opposition to the staff concerned.