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Polymarket user gains $400K betting on ZachXBT investigation

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 203 Views

Polymarket user gains $400K betting on ZachXBT investigation

As US policymakers scrutinize prediction market platforms, Polymarket users placed bets on which company crypto sleuth ZachXBT would expose for insider trading.

Update (Feb. 26 at 7:33 pm UTC): This article has been updated to include a statement from Meteora.

Polymarket users betting on an employee at trading platform Axiom as the target of an insider trading investigation by ZachXBT were rewarded after the crypto sleuth announced the results on social media to his 977,500 followers.

In a Thursday X post, ZachXBT alleged Axiom employee Broox Bauer and others allegedly were responsible for insider trading activity at the company “since early 2025.” According to the pseudonymous onchain investigator, Bauer allegedly used internal tools “to lookup sensitive user details to insider trade by tracking private wallet activity.”

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