Polymarket User Secures $400K on ZachXBT Investigation Bet

Written by Turner Wright , Staff Writer Reviewed by Robert Lakin , Staff Editor Polymarket user gains $400K betting on ZachXBT investigation 2 hours ago As US policymakers scrutinize prediction markets platforms, many Polymarket users won bets over speculation as to which insider trading an online sleuth had exposed. Listen 0:00 News Cointelegraph in your social feed Follow our Subscribe on 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 said 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. ” Source: ZachXBT ZachXBT shared audio clips related to the investigation, in which an individual he said was Bauer claimed he could track Axiom users. In an X post following the announcement, Axiom said it was “shocked and disappointed” in the news.