Insiders Cash In on Polymarket Bets Ahead of Axiom Investigation Reveal

A recent investigation by ZachXBT into Axiom's alleged insider trading practices has shed light on a significant issue within the cryptocurrency community.

According to an analysis of Polymarket data, at least 12 suspected insider wallets generated a combined profit of $1.02 million from betting on the Axiom market.

The investigation also revealed that many regular bettors lost substantial amounts, with over $1.6 million in losses absorbed by these insiders' gains.