# Data Abuse Related Articles

ZachXBT Exposé: Axiom Exchange Staff Allegedly Misusing Internal Data For Trading

Blockchain investigator ZachXBT has exposed an alleged insider trading and data abuse scheme at Axiom Exchange involving senior business development staff member Broox Bauer. According to the report, Bauer and others exploited weak internal access controls to monitor user wallets and trading activity through Axiom tools, using referral codes, wallet addresses, and internal IDs. Evidence includes audio clips and screenshots showing private user data being accessed and shared. A Google Sheet was used to track key opinion leaders' wallet information. The activity may fall under SDNY jurisdiction since Bauer is based in New York. Additionally, suspicious trades worth nearly $59,800 were placed just hours before the report was publicized, yielding $109,000 in profit. ZachXBT urged Axiom’s founders to conduct an internal review and take legal action.

bitcoinist02/26 18:32