There has been no official denial or admission from Axiom yet, but some employees have been seen defending themselves against the allegations on social media. One employee was even reported to have lost a bet and apologized. The platform is being criticized for continuing to add controversial new features (such as automated bundling and "money laundering"-like tools) immediately after the scandal.

#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.