Investigator Reveals Year-long Insider Trading at Axiom DEX Platform
Crypto investigator ZachXBT unveiled a damning report on Thursday, alleging systemic insider trading by employees at Axiom decentralized exchange since early 2025. The scheme involved unauthorized access to private wallet data of crypto influencers through internal tools.
Evidence points to a coordinated effort led by an employee pseudonymously named "Broox," with one instance showing $200,000 in potential illicit gains. Screenshots of compromised wallet data from multiple victims corroborate the findings, though full verification WOULD require access to Axiom's employee logs.
Despite the scandal, Axiom had previously gained market traction after its 2024 launch, specializing in meme coins and perpetual contracts. The platform has generated over $390 million in revenue to date.