There is talk of traders who made huge profits from insider trading at Axiom. A person named 'predictorxyz' apparently invested $658,000 in a prediction market that forecasted Axiom being charged with insider trading, and they reportedly made over $4.11 million in profit. Since the odds at the time were 13.8%, that suggests it was a fairly high-confidence bet.

But it doesn't end there; further suspicious activity was uncovered through chain analysis. Suddenly, $70k worth of USDC flowed into a newly created prediction market account. ZachXBT tracked this address and found that it belongs to an active Axiom user, operating under the username 'JustADegen' in Fomo. Recently, they've been bundling CRABS tokens, which raises even more suspicion.

Is this an insider trade ahead of the news, or just a lucky prediction? Since it concerns the credibility of Axiom, I hope a proper investigation is conducted.