According to ChainCatcher, Lookonchain reports that trader "predictorxyz" (possibly an insider) placed a $658,000 bet that Axiom would be charged with insider trading. With odds of only 13.8% at the time, he netted $4.114 million.
Chain investigator ZachXBT also found the deposit of $70,000 USDC into a newly created prediction market account suspicious and investigated the source of funds for the user "predictorxyz". ZachXBT stated that the associated Solana address is an active user of Axiom, and the username on Fomo is "JustADegen". They also recently bundled CRABS tokens, and it would be great if someone could help identify them.
