ZachXBT released a notice on the Just yesterday, ZachXBT released a long thread on the X platform, revealing the inside story of Axiom Exchange. He was commissioned by multiple whistleblowers to conduct an independent investigation, and the evidence included recorded calls, screenshots of internal dashboards, Google sheets, and on-chain capital flow charts.Axiom was once the most dazzling star in the crypto circle in 2025: Henry Zhang and Preston Ellis, two 22-year-old founders, built a browser trading terminal that aggregates Raydium and Pump.fun liquidity on Solana with only a $500,000 seed round. It supports Hyperliquid perpetual contracts and Marginfi income (up to 15% APY). The execution speed is less than 400 milliseconds. It also provides anti-MEV protection and one-click automatic strategies.The platform is non-custodial, and user funds are always under their own control on the chain. The evidence chain is intertwined.In April 2025, Broox shared a screenshot of the internal dashboard, showing the private wallet of trader "Jerry"; in August, he also sent the registration and associated wallet information of "Monix".That same month, he discussed inquiries from Axiom users trading the meme coin “AURA.”The team involved even set up a Google Sheet to compile a number of KOL target wallets - including Marcell, who is famous for "bundling" (buying a large amount of supply in a package and then promoting it).After being contacted, multiple KOLs independently confirmed that their wallet data in the Sheet was accurate.The private wallet addresses of these KOLs are rarely reused and the public information is limited, making internal data particularly valuable. ZachXBT further traced the main Broox wallet FarpaWkzio7WQVpQeu2eURvNQZ3pCBZupJ95wUjoHcUN and its associated addresses.Related addresses trade cryptocurrencies at high frequency, and funds ultimately flow to multiple CEX deposit addresses.Although it is difficult to 100% confirm the timing of every insider transaction without Axiom’s internal logs, the high-frequency pattern is highly consistent with public KOL activities.ZachXBT emphasized that regardless of whether Cal or Mist knew it or not, the lack of monitoring and access control on the platform made abuse possible. Axiom officials quickly responded to ZachXBT's inquiry. The statement read: "We are shocked and disappointed that team members abused internal customer support tools to query user wallets. This does not represent our team, and we are always committed to putting users first. We have removed access to these tools and will continue to investigate and hold the parties involved accountable. We will share the latest progress through Twitter." The statement reflects the responsible attitude of the founding team, but it also confirms the initial lapses in internal control.