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Techub News reports that Axiom has issued a statement regarding the incident where "ZachXBT exposed Axiom employees suspected of using internal tools for insider trading," stating, "We are shocked and disappointed by the news that someone within the team misused internal customer support tools to query user wallets. We have revoked access to these tools and will continue the investigation to hold the responsible parties accountable. This does not represent the stance of our team, as we have always been committed to putting users first. We will provide updates on Twitter as we learn more."
Techub News reports that on-chain detective ZachXBT tweeted that multiple employees of the cryptocurrency trading platform Axiom Exchange have been exploiting an internal tool access control vulnerability since early 2025 to view users' sensitive information and track private wallet activities, allegedly engaging in insider trading. ZachXBT specifically identified employee Broox Bauer as one of the individuals involved. ZachXBT stated that he was hired to investigate allegations of misconduct at the platform after receiving a tip-off.
Techub News, Ethereum treasury company BitMine has appointed Young Kim, a seasoned professional in finance, venture capital, and engineering, as Chief Financial Officer and Chief Operating Officer, and he has joined the company's board of directors. Young Kim has over 20 years of global investment management experience, having previously worked at Axiom Investors and Columbia Threadneedle.
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