🔍 Crypto’s Insider #Trading Problem 🔍


It’s been a brutal week for crypto’s credibility, courtesy of three insider #trading stories that surfaced recently. Different players, team members of a Solana-based #trading terminal, a Wall Street titan, and users of a regulated #prediction market. All three remind us that the industry’s oldest problem is quite a way from being solved. Let’s break them down. 1️⃣ The ZachXBT x Axiom Exposé
On-chain sleuth ZachXBT released an investigative report alleging that employees at Axiom, a Solana-based exchange, abused internal dashboards to spy on user wallets and trade on that data. ⚠️ The Allegation: Employees could look up users by wallet, referral code, or UID - exposing full wallet histories and linked addresses. That information was allegedly used to mirror trades and front-run activity. #crypto
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