ChainCatcher report: According to blockchain investigator ZachXBT, multiple employees of the cryptocurrency exchange Axiom Exchange have allegedly exploited internal tool access vulnerabilities since early 2025 to view user sensitive information and track private wallet activities, raising suspicions of insider trading. ZachXBT specifically identified employee Broox Bauer as one of the individuals involved. Axiom was founded in 2024 by Mist and Cal, completed the Y Combinator incubator in winter 2025, and has since become one of the most profitable companies in the space, generating over $390 million in revenue to date. ZachXBT stated he was hired to investigate allegations of misconduct at the platform following reports.
ZachXBT Accuses Axiom Exchange Executives of Insider Trading Using Internal Tools
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Summary
ZachXBT has accused Axiom Exchange executives of orchestrating an exchange hack, claiming they used internal tools since early 2025 to access user data and monitor private wallets for insider trading. Broox Bauer is among those named. Axiom, founded in 2024 by Mist and Cal, graduated from Y Combinator in winter 2025 and has since raised over $390 million. The incident adds to ongoing concerns in the crypto exchange space regarding security and compliance risks.
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