TLDR Blockchain investigator ZachXBT named Axiom Exchange senior employee Broox Bauer for allegedly misusing internal tools to track private wallets and trade memecoins using inside information. Axiom confirmed the breach, removed access to internal tools, and pledged to investigate further. A Polymarket prediction market on ZachXBT’s target generated over $30 million in volume, with odds shifting sharply toward Axiom before the report dropped. A separate user “predictorxyz” is now under investigation after betting $70,000 USDC on Axiom in a new account, with funds linked to an active Axiom user. U.S. lawmakers have previously flagged prediction markets as vulnerable to insider trading, and this case adds fresh pressure on the industry.
Blockchain investigator ZachXBT published findings on February 26 naming Broox Bauer, a senior business development employee at onchain trading platform Axiom Exchange, for allegedly misusing internal tools to access private user data.
1/ Meet @WheresBroox (Broox Bauer), one of the multiple @AxiomExchange employees allegedly abusing the lack of access controls for internal tools to lookup sensitive user details to insider trade by tracking private wallet activity since early 2025. pic.twitter.com/KwICQMJL1q
— ZachXBT (@zachxbt) February 26, 2026
ZachXBT said Bauer used internal dashboards to look up sensitive user information, including linked wallet addresses. He then shared that data with a small group that tracked trades made by prominent crypto influencers.
Audio clips shared in ZachXBT’s thread include a person identified as Bauer claiming he can track “any Axiom user” by referral code, wallet address, or UID. In the same recording, he describes gradually increasing his activity “so it does not look that suspicious.”
The alleged strategy targeted traders known for building large memecoin positions from private wallets before promoting tokens publicly. By identifying undisclosed wallets, the group could monitor accumulation and position ahead of price