According to evidence shared in ZachXBT's detailed thread: Axiom's internal admin panels and support tools allowed users to match wallet addresses via referral codes or direct searches. It is alleged that a business development team employee named Broox Bauer abused this access and tracked the wallets of high-profile traders (especially memecoin KOLs). It is stated that employees pre-ran profitable memecoin trades to gain an advantage. These activities are claimed to have continued from early 2025 and lasted for more than 10 months. It is estimated that a total of over $400,000 in profits were made; some sources put this figure at around $1 million. ZachXBT presented concrete evidence to support its claims, including: Internal tool screenshots, Private employee call recordings (sections where the employee stated they "could track any user"), On-chain wallet flow charts, KOL wallets listed in Google Sheets. Axiom is known as a highly profitable platform that emerged from the Y Combinator W25 batch and has generated approximately $390 million in revenue to date, according to DefiLlama data. This success further amplifies the impact of the event.
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#ZachXBTExposesTheAxiomIncident
According to evidence shared in ZachXBT's detailed thread:
Axiom's internal admin panels and support tools allowed users to match wallet addresses via referral codes or direct searches.
It is alleged that a business development team employee named Broox Bauer abused this access and tracked the wallets of high-profile traders (especially memecoin KOLs).
It is stated that employees pre-ran profitable memecoin trades to gain an advantage.
These activities are claimed to have continued from early 2025 and lasted for more than 10 months.
It is estimated that a total of over $400,000 in profits were made; some sources put this figure at around $1 million.
ZachXBT presented concrete evidence to support its claims, including:
Internal tool screenshots,
Private employee call recordings (sections where the employee stated they "could track any user"),
On-chain wallet flow charts,
KOL wallets listed in Google Sheets.
Axiom is known as a highly profitable platform that emerged from the Y Combinator W25 batch and has generated approximately $390 million in revenue to date, according to DefiLlama data. This success further amplifies the impact of the event.