Audit log

Every state-changing event for Axiom Trading: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.

1. #1publishby system:backfill

   2026-06-03 17:14:35Z
   Score: ? → ? (no score change)
   anchoranchored

   chain

   ●mainnet-betaslot 424,069,780

   sig

   3639rE3dZ5WB…qhBnEirScopyexplorer ↗

   hash

   DREX3cAUJWck…gaT5ifFZcopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (22608 B) ▸

   {"actor":"system:backfill","investigation_id":"d0b4bbbf-b7e5-43f3-98d6-517bdcf70704","kind":"publish","page_slug":"axiom-trading","published_at":"2026-06-03T17:14:35.217Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Axiom Trading","sections":[{"content":"Axiom Trading operates axiom.trade, a hybrid web-based trading terminal that allows users to trade Solana-based tokens and Hyperliquid perpetual futures within a single interface. The platform also offers a yield module for idle capital and wallet and Twitter tracking features. Axiom was founded in 2024 by Henry Zhang (known online as 'Mist') and Preston Ellis (known as 'Cal'), both 22-year-old recent graduates. Zhang previously worked at TikTok building generative AI for advertisements and had a prior startup exit; Ellis studied Electrical Engineering and Computer Sciences at UC Berkeley, interned at DoorDash, and also achieved a startup exit during his undergraduate years. The company was accepted into Y Combinator's Winter 2025 batch, which included a $500,000 seed investment. The platform launched in early access in late January 2025 and opened publicly in mid-February 2025. It reached $100 million in revenue within approximately four months of launch and had generated over $390 million in total revenue as of the time of ZachXBT's February 2026 investigation, making it one of the fastest-growing startups in the crypto sector.","heading":"Background and Business Overview","severity":"low","sources":[{"credibility":2,"name":"Y Combinator — Axiom company profile","type":"official","url":"https://www.ycombinator.com/companies/axiom"},{"credibility":2,"name":"The Block — Axiom exchange hits $100 million in revenue just four months after launch","type":"news_article","url":"https://www.theblock.co/post/355676/axiom-exchange-hits-100-million-in-revenue-just-four-months-after-launch"},{"credibility":2,"name":"ZachXBT on X — Axiom revenue figure ($390M+)","type":"social_media","url":"https://x.com/zachxbt/status/2027016082536714503"},{"credibility":2,"name":"Blockworks — Meet Y Combinator's memecoin bet that made $10M last week","type":"news_article","url":"https://blockworks.com/news/axiom-ycombinator-startup-solana-memecoin-revenue-10m"}]},{"content":"On February 26, 2026, blockchain investigator ZachXBT published a detailed report alleging that multiple Axiom employees had systematically abused internal administrative tools to access sensitive user data and conduct insider trading in Solana memecoins for more than ten months beginning in early 2025. The primary figure identified was Broox Bauer, identified as a senior business development employee based in New York and known online as @WheresBroox. According to the investigation, Bauer exploited backend 'God mode' dashboards — originally designed for customer support purposes — to obtain information that is not visible to ordinary users, including: complete wallet lists per user, wallet transaction histories and timestamps, wallet nicknames, linked accounts, referral codes, and user IDs. The investigation also implicated three associates: Seb (online handle 'Gowno'), who joined Axiom as a moderator; Ryan (online handle 'Ryucio'), identified as a business development team member; and an individual referred to as 'Mystery,' who joined as a moderator through Ryan's assistance. ZachXBT alleged that starting in early 2025, the group compiled Google Sheets spreadsheets containing wallet addresses of high-profile crypto traders and key opinion leaders, obtained through the unauthorized data queries. This gave the group visibility into those traders' accumulation patterns in specific memecoin positions before those positions became publicly known, enabling alleged front-running. The investigation cited screenshots from April 2025 and August 2025 showing internal Axiom backend data — including private wallet addresses and registration details of specific traders — being shared within the group. Multiple victims independently confirmed to ZachXBT that the wallet data attributed to them in the screenshots was accurate. Total alleged profits from insider trading were stated to exceed $400,000. ZachXBT noted that establishing high-confidence on-chain examples without access to Axiom's internal logs was difficult, but mapped Bauer's primary wallet and fund flows to exchange deposit addresses.","heading":"Insider Trading Allegations — Employee Data Abuse","severity":"critical","sources":[{"credibility":1,"name":"CoinDesk — ZachXBT alleges Axiom employee conducted insider trading","type":"news_article","url":"https://www.coindesk.com/markets/2026/02/26/zachxbt-alleges-axiom-employee-conducted-insider-trading"},{"credibility":1,"name":"DL News — Solana trading platform employees accused of insider trading using sensitive customer data","type":"news_article","url":"https://www.dlnews.com/articles/defi/axiom-employees-accused-of-insider-trading-using-sensitive-customer-data/"},{"credibility":2,"name":"PANews — ZachXBT's In-Depth Investigation: A Complete Record of the Axiom Insider Trading Scandal","type":"news_article","url":"https://www.panewslab.com/en/articles/019c9ce8-7c27-771b-9de0-f5eecdc9b650"},{"credibility":2,"name":"Yahoo Finance — Axiom Crypto Exposed: ZachXBT Alleges $400k Insider Trading","type":"news_article","url":"https://finance.yahoo.com/news/axiom-crypto-exposed-zachxbt-alleges-122625589.html"}]},{"content":"A recorded private call from early February 2026 formed a central piece of ZachXBT's evidence. In that recording, Bauer allegedly outlined a plan to help the individual identified as Gowno (Seb) generate $200,000 in rapid profits by leveraging Bauer's privileged access to Axiom's internal systems. Bauer allegedly claimed in the recording that he could track 'any Axiom user' and 'find out anything to do with that person' using referral codes, wallet addresses, or user IDs. The recording also described the group's intention to monitor 10 to 20 wallets at a time and to increase activity gradually 'so it does not look that suspicious.' ZachXBT shared audio clips from the call as part of his published report. The existence of this recorded call was confirmed by multiple independent reporting outlets.","heading":"Recorded Call Evidence","severity":"critical","sources":[{"credibility":1,"name":"DL News — Solana trading platform employees accused of insider trading using sensitive customer data","type":"news_article","url":"https://www.dlnews.com/articles/defi/axiom-employees-accused-of-insider-trading-using-sensitive-customer-data/"},{"credibility":1,"name":"CoinDesk — ZachXBT alleges Axiom employee conducted insider trading","type":"news_article","url":"https://www.coindesk.com/markets/2026/02/26/zachxbt-alleges-axiom-employee-conducted-insider-trading"},{"credibility":2,"name":"Cryptopotato — Leaked Call, Private Wallets, $200K Plan: Inside the Axiom Insider Trading Allegations","type":"news_article","url":"https://cryptopotato.com/leaked-call-private-wallets-200k-plan-inside-the-axiom-insider-trading-allegations/"}]},{"content":"ZachXBT's investigation highlighted that the alleged scheme was enabled by minimal monitoring and access controls over Axiom's internal administrative systems. The report noted that business development employees having access to complete user wallet lists, transaction histories, and linked account data was described as 'unusual for business development roles.' The internal tools implicated were described as customer support dashboards that carried no apparent audit trail capable of detecting misuse by employees with legitimate access credentials. The Axiom platform's wallet-tracking features — which allow users to monitor the on-chain activity of other wallets — are a core product feature; however, the internal backend access allegedly exploited by Bauer went substantially beyond what is visible to ordinary users. Critics and analysts noted that centralized trading platforms that aggregate sensitive wallet intelligence present inherent insider-threat risks if internal access controls and monitoring are insufficient. No public disclosure has been made by Axiom regarding the specific access controls that have been put in place following the incident.","heading":"Access Control and Data Governance Failures","severity":"high","sources":[{"credibility":1,"name":"DL News — Solana trading platform employees accused of insider trading using sensitive customer data","type":"news_article","url":"https://www.dlnews.com/articles/defi/axiom-employees-accused-of-insider-trading-using-sensitive-customer-data/"},{"credibility":2,"name":"TradingView / 99Bitcoins — Axiom Exchange Insider Trading Scandal: Is Your Trading Data Being Used Against You?","type":"news_article","url":"https://www.tradingview.com/news/99Bitcoins:351a5884f094b:0-axiom-exchange-insider-trading-scandal-is-your-trading-data-being-used-against-you/"}]},{"content":"The publication of ZachXBT's Axiom investigation was preceded by a secondary insider trading incident on the prediction market platform Polymarket. A contract had been created allowing participants to bet on which company ZachXBT would name in his upcoming expose, and the market generated approximately $40 million in trading volume before the report was published on the morning of February 26, 2026. On-chain analysts, including Lookonchain, identified at least 12 wallets that placed heavily concentrated bets on Axiom before the report's public release. The largest single position was held by an account called 'predictorxyz,' which accumulated 477,415 shares at an average price of $0.14 and generated approximately $411,000 in profit — roughly a 7x return. A second anonymous wallet purchased 109,450 shares at $0.33. Collectively, the 12 flagged wallets reportedly generated over $1 million in profits. ZachXBT acknowledged that because he had contacted Axiom for comment and conducted interviews prior to publication, information leaks were 'probably inevitable.' Because Polymarket does not require identity verification, attribution of these wallets to specific individuals remained unconfirmed as of the reporting date.","heading":"Polymarket Insider Trading — Secondary Scandal","severity":"high","sources":[{"credibility":1,"name":"CoinDesk — Polymarket bettors appear to have insider-traded on a market designed to catch insider traders","type":"news_article","url":"https://www.coindesk.com/markets/2026/02/27/polymarket-bettors-appear-to-have-insider-traded-on-a-market-designed-to-catch-insider-traders"},{"credibility":2,"name":"Yahoo Finance — Axiom's Insider Trading Scandal Spills Into Prediction Markets","type":"news_article","url":"https://finance.yahoo.com/news/axiom-insider-trading-scandal-spills-211452093.html"},{"credibility":2,"name":"Coin360 — ZachXBT Exposes Axiom as $38M Bet Erupts","type":"news_article","url":"https://coin360.com/news/zachxbt-axiom-insider-trading-polymarket-38m-bets"}]},{"content":"Following the publication of ZachXBT's report on February 26, 2026, Axiom issued a public statement saying it was 'shocked and disappointed to hear that someone on our team abused internal customer support tools to look up user wallets.' The company stated it had removed access to the internal tools referenced in the allegations and committed to continuing to investigate and hold 'offending parties responsible.' As of June 2026, Axiom has not publicly disclosed the outcome of its internal investigation, whether Broox Bauer or any other named employees were terminated, what remediation measures were implemented for affected users, or whether the matter was referred to law enforcement. The company did not indicate whether it planned to notify users whose wallet data was allegedly accessed without authorization.","heading":"Axiom's Official Response","severity":"high","sources":[{"credibility":1,"name":"CoinDesk — ZachXBT alleges Axiom employee conducted insider trading","type":"news_article","url":"https://www.coindesk.com/markets/2026/02/26/zachxbt-alleges-axiom-employee-conducted-insider-trading"},{"credibility":1,"name":"DL News — Solana trading platform employees accused of insider trading using sensitive customer data","type":"news_article","url":"https://www.dlnews.com/articles/defi/axiom-employees-accused-of-insider-trading-using-sensitive-customer-data/"}]},{"content":"ZachXBT's investigation noted that because primary accused Broox Bauer is based in New York, any potential criminal prosecution could fall within the jurisdiction of the U.S. Attorney's Office for the Southern District of New York (SDNY). The report suggested the SDNY as an appropriate venue should authorities elect to pursue charges. As of June 2026, no public record of criminal charges, indictment, arrest, or formal regulatory investigation by the SEC or CFTC against any individual or Axiom as a company has been identified. The alleged conduct — using privileged platform access to front-run users' trades — could potentially implicate wire fraud and computer fraud statutes, though no charges have been filed. The absence of formal regulatory action may reflect the early stage of any review rather than a determination that no violation occurred.","heading":"Potential Legal Exposure","severity":"medium","sources":[{"credibility":1,"name":"DL News — Solana trading platform employees accused of insider trading using sensitive customer data","type":"news_article","url":"https://www.dlnews.com/articles/defi/axiom-employees-accused-of-insider-trading-using-sensitive-customer-data/"},{"credibility":2,"name":"TheStreet Crypto — Another crypto executive accused of insider trading","type":"news_article","url":"https://www.thestreet.com/crypto/markets/another-crypto-executive-accused-of-insider-trading"}]},{"content":"Despite the insider trading scandal, Axiom continued operating its trading terminal following the February 2026 disclosures. The platform retains its Y Combinator backing and has not been shut down or sanctioned by any regulatory authority as of June 2026. Multiple independent reviews confirm that the platform functions as advertised for non-custodial trading on Solana and Hyperliquid. The core product — a trading terminal aggregating wallet tracking, memecoin trading, and perpetuals — is a genuine and operational offering. However, analysts and commentators have noted that the scandal raises broader questions about whether trading platforms that hold comprehensive user wallet intelligence can adequately protect that data from insider misuse, particularly when they employ staff whose roles require access to sensitive backend systems. Phishing sites mimicking Axiom's interface have also been reported, posing a separate risk to users who do not verify they are using the official axiom.trade domain.","heading":"Platform Legitimacy and Continuing Operations","severity":"medium","sources":[{"credibility":2,"name":"Coin Bureau — Is Axiom Trade Legit? An In-Depth Analysis","type":"research","url":"https://coinbureau.com/analysis/is-axiom-trade-legit"},{"credibility":2,"name":"Fintelegram — $100M Revenue, Zero Regulation: Inside the DeFi Gateway Axiom","type":"news_article","url":"https://fintelegram.com/axiom-trade-zero-regulation-defi-gateway/"}]}],"sources_used":[{"credibility":1,"name":"CoinDesk — ZachXBT alleges Axiom employee conducted insider trading","type":"news_article","url":"https://www.coindesk.com/markets/2026/02/26/zachxbt-alleges-axiom-employee-conducted-insider-trading"},{"credibility":1,"name":"DL News — Solana trading platform employees accused of insider trading using sensitive customer data","type":"news_article","url":"https://www.dlnews.com/articles/defi/axiom-employees-accused-of-insider-trading-using-sensitive-customer-data/"},{"credibility":1,"name":"CoinDesk — Polymarket bettors appear to have insider-traded on a market designed to catch insider traders","type":"news_article","url":"https://www.coindesk.com/markets/2026/02/27/polymarket-bettors-appear-to-have-insider-traded-on-a-market-designed-to-catch-insider-traders"},{"credibility":2,"name":"Yahoo Finance — Axiom Crypto Exposed: ZachXBT Alleges $400k Insider Trading","type":"news_article","url":"https://finance.yahoo.com/news/axiom-crypto-exposed-zachxbt-alleges-122625589.html"},{"credibility":2,"name":"Yahoo Finance — Axiom's Insider Trading Scandal Spills Into Prediction Markets","type":"news_article","url":"https://finance.yahoo.com/news/axiom-insider-trading-scandal-spills-211452093.html"},{"credibility":2,"name":"The Block — Axiom exchange hits $100 million in revenue just four months after launch","type":"news_article","url":"https://www.theblock.co/post/355676/axiom-exchange-hits-100-million-in-revenue-just-four-months-after-launch"},{"credibility":2,"name":"PANews — ZachXBT's In-Depth Investigation: A Complete Record of the Axiom Insider Trading Scandal","type":"news_article","url":"https://www.panewslab.com/en/articles/019c9ce8-7c27-771b-9de0-f5eecdc9b650"},{"credibility":2,"name":"Y Combinator — Axiom company profile","type":"official","url":"https://www.ycombinator.com/companies/axiom"},{"credibility":2,"name":"ZachXBT on X — Axiom revenue and investigation thread","type":"social_media","url":"https://x.com/zachxbt/status/2027016082536714503"},{"credibility":2,"name":"Cryptopotato — Leaked Call, Private Wallets, $200K Plan: Inside the Axiom Insider Trading Allegations","type":"news_article","url":"https://cryptopotato.com/leaked-call-private-wallets-200k-plan-inside-the-axiom-insider-trading-allegations/"},{"credibility":2,"name":"TradingView / 99Bitcoins — Axiom Exchange Insider Trading Scandal: Is Your Trading Data Being Used Against You?","type":"news_article","url":"https://www.tradingview.com/news/99Bitcoins:351a5884f094b:0-axiom-exchange-insider-trading-scandal-is-your-trading-data-being-used-against-you/"},{"credibility":2,"name":"CryptoRank — ZachXBT Exposes Shocking Insider Trading Scandal at Solana's Axiom Platform","type":"news_article","url":"https://cryptorank.io/news/feed/d324c-zachxbt-axiom-insider-trading-scandal"},{"credibility":2,"name":"TheStreet Crypto — Another crypto executive accused of insider trading","type":"news_article","url":"https://www.thestreet.com/crypto/markets/another-crypto-executive-accused-of-insider-trading"},{"credibility":2,"name":"Coin Bureau — Is Axiom Trade Legit? An In-Depth Analysis","type":"research","url":"https://coinbureau.com/analysis/is-axiom-trade-legit"},{"credibility":2,"name":"Blockworks — Meet Y Combinator's memecoin bet that made $10M last week","type":"news_article","url":"https://blockworks.com/news/axiom-ycombinator-startup-solana-memecoin-revenue-10m"},{"credibility":2,"name":"Coin360 — ZachXBT Exposes Axiom as $38M Bet Erupts","type":"news_article","url":"https://coin360.com/news/zachxbt-axiom-insider-trading-polymarket-38m-bets"}],"summary":"Axiom Trading (axiom.trade) is a Y Combinator Winter 2025-backed Solana trading terminal that generated over $390 million in revenue since its January 2025 launch. In February 2026, blockchain investigator ZachXBT published a report alleging that senior business development employee Broox Bauer and associates systematically abused internal customer support tools to access private user wallet data and front-run customer trades for more than ten months, with alleged profits exceeding $400,000. Axiom removed access to the implicated tools and stated it was investigating, but no public disclosure of disciplinary or legal outcomes had been made as of June 2026.","timeline":[{"date":"2024-01-01","event":"Axiom Trading founded by Henry Zhang ('Mist') and Preston Ellis ('Cal').","source":"Y Combinator","source_url":"https://www.ycombinator.com/companies/axiom"},{"date":"2025-01-01","event":"Alleged insider trading scheme begins. Broox Bauer starts using internal tools to access user wallet data.","source":"PANews / ZachXBT investigation","source_url":"https://www.panewslab.com/en/articles/019c9ce8-7c27-771b-9de0-f5eecdc9b650"},{"date":"2025-01-27","event":"Axiom platform launches in early access mode.","source":"The Block","source_url":"https://www.theblock.co/post/355676/axiom-exchange-hits-100-million-in-revenue-just-four-months-after-launch"},{"date":"2025-02-01","event":"Axiom opens to the public.","source":"The Block","source_url":"https://www.theblock.co/post/355676/axiom-exchange-hits-100-million-in-revenue-just-four-months-after-launch"},{"date":"2025-04-01","event":"Bauer posts screenshot of Axiom internal backend showing private wallet data of a user identified as 'Jerry' within the alleged insider trading group.","source":"PANews / ZachXBT investigation","source_url":"https://www.panewslab.com/en/articles/019c9ce8-7c27-771b-9de0-f5eecdc9b650"},{"date":"2025-08-01","event":"Bauer shares registration information for trader 'Monix' with associates and discusses querying memecoin trader wallets.","source":"CoinDesk","source_url":"https://www.coindesk.com/markets/2026/02/26/zachxbt-alleges-axiom-employee-conducted-insider-trading"},{"date":"2026-02-01","event":"Recorded call takes place in which Bauer outlines a plan to help Gowno (Seb) generate $200,000 using privileged data access at Axiom.","source":"DL News","source_url":"https://www.dlnews.com/articles/defi/axiom-employees-accused-of-insider-trading-using-sensitive-customer-data/"},{"date":"2026-02-23","event":"ZachXBT publicly teases upcoming insider trading expose, prompting creation of Polymarket prediction market on which company will be named.","source":"Stocktwits / CoinDesk","source_url":"https://www.coindesk.com/markets/2026/02/27/polymarket-bettors-appear-to-have-insider-traded-on-a-market-designed-to-catch-insider-traders"},{"date":"2026-02-26","event":"ZachXBT publishes full investigation naming Axiom, Broox Bauer, and associates. Report alleges over $400,000 in insider trading profits over more than 10 months. Axiom issues statement saying it is 'shocked and disappointed' and removes access to implicated internal tools.","source":"CoinDesk","source_url":"https://www.coindesk.com/markets/2026/02/26/zachxbt-alleges-axiom-employee-conducted-insider-trading"},{"date":"2026-02-27","event":"CoinDesk reports on secondary Polymarket insider trading: at least 12 wallets collectively profited over $1 million by betting on Axiom before the report's release. Largest single position netted approximately $411,000.","source":"CoinDesk","source_url":"https://www.coindesk.com/markets/2026/02/27/polymarket-bettors-appear-to-have-insider-traded-on-a-market-designed-to-catch-insider-traders"}]},"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision ec9e5081-c91b-4b99-868f-af05be2baa28copy