Axiom mentioned it was “shocked as well as disappointed” by the findings and would carry on to investigate.
It did not reply to questions regarding whether it was aware of any employees trading on the Polymarket wager.
ZachXBT, a blockchain sleuth, published its report on February 26, in which Axiom is a firm whose employees he believed had used non-public information to position profitable trades. The scrutiny had been teased for days, and Polymarket had made a contract permitting users to bet on which firm would be named, captivating around $40 million in volume since February 23.
The issue is that someone knew the answer before it slipped. Lookonchain recognised 12 wallets that bet deliberately on Axion before the unveil, earning a net profit of more than $1 million.
Another analysis by Polysights, a data terminal that traces suspicious activity on the public ledger of Polymarket, identified five wallets that altogether bet around $50,000 and went away with
We współpracy z: https://thenewscrypto.com/polymarket-bets-spark-insider-trading-concerns/
