ZachXBT's Bombshell Looms: Insider Trading Probe Rocks Crypto's Top Firms
On-chain detective ZachXBT has the crypto world on edge with a teaser for today's February 26 drop: multiple employees at one of the richest crypto outfits caught insider trading over months using internal data. Polymarket bets exploded past $10 million as traders front-run suspects like Meteora, Axiom, Hyperliquid, and Pump.fun. Tokens tied to rumors plunged, proving markets sniff scandals first.
ZachXBT's February 23 post amassed nearly 10 million views, detailing prolonged abuse at a 'most profitable' business—likely a DEX or launchpad given suspects. Ran Neuner amplified: top revenue tokens bled pre-drop, market insiders rotating out. Valerie Onchain recapped Zach's hits: $37 million Machi Big Brother wallets, BAYC phishing, $23 million US gov funds, Coinbase scams. Polymarket odds shifted wildly—Axiom overtook Meteora at 45 percent, Hyperliquid and Pump.fun dumped 14-21 percent per RareMints. CryptoPolitan and CoinDesk report $3-10 million wagered, with Zach hinting at leaks fueling speculation. PrimeX Bitcoin bundled it with Jane Street buzz amid BTC recovery. Suspects fit: Pump.fun's memecoin frenzy, Hyperliquid's perps dominance, Meteora's Solana liquidity, Axiom's recent hype. Front-running via employee wallets pre-listings or listings screams conflict. Zach's track record demands attention; past exposés triggered arrests and blacklists. As volume surges, expect cascade if confirmed.
Trust erodes fast in insider-riddled platforms, sparking token dumps and broader volatility. Advanced traders shorting suspects gained early, but fallout could hit Solana ecosystem hard if Meteora or Pump.fun implicated. Ultimately, cleanses market, pushing legit projects forward amid regulatory scrutiny.
ZachXBT's reveal today could topple a giant, urging vigilance on platforms handling your funds. Stay nimble, verify teams—transparency wins long-term. Crypto evolves stronger from these purges.
Sources:
- https://x.com/cryptomanran/status/2026284686457045264
- https://x.com/Valerie_Onchain/status/2026607856288510041
- https://x.com/PrimeXBitcoin/status/2026711175107367144
- https://x.com/raremints_/status/2026196022637232558
- https://finance.yahoo.com/news/zachxbt-insider-trading-report-targets-150813518.html
- https://www.coindesk.com/markets/2026/02/24/polymarket-bettors-put-usd3-million-on-which-crypto-firm-zachxbt-will-expose-next
- https://thedefiant.io/news/markets/crypto-traders-attempt-to-frontrun-zachxbt-s-upcoming-expose
- https://www.cryptopolitan.com/zachxbt-leak-insider-trading-speculation