ZachXBT dropped another bomb today.
The main guy is Broox Bauer, a senior manager at Axiom Exchange.He had full admin access to the dashboard with all users' private wallets and transaction history.
He was collecting crypto influencers' wallets in Google Docs,front-running their memecoin buys, and trading against his own clients. They even took custom orders for "whale hunting". And this is a company with almost $400 million in revenue.
ZachXBT even got a recorded call where Broox casually teaches a new moderator how to easily make $200k a day using the admin tools. on top of that, insiders reportedly placed over $23.5 million in Polymarket bets right before the investigation was announced.
So they managed to profit even from their own exposure 😂
Axiom's management did the classic "we're surprised and disappointed" and quickly revoked the access.
Looks like US federal prosecutors are next in line😏
Source: https://x.com/zachxbt/status/2027016064534757659
What do you think —how many more exchanges have the same problem behind the scenes?
Drop your thoughts below 👇
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