Crypto Yesterday: Insider Scandals, Court Drama, and a UAE Bank in Focus

Crypto Yesterday: Insider Scandals, Court Drama, and a UAE Bank in Focus

Crypto yesterday delivered non-stop action, starting with Polymarket bettors cashing in big after ZachXBT dropped his bombshell on Axiom’s alleged insider mess.

ZachXBT says Polymarket user gains $400K via betting

In crypto yesterday, an on-chain detective hit X with the reveal to his massive 977k+ followers, naming Axiom employee Broox Bauer and a crew as the ones behind shady trades. 

ZachXBT says Bauer supposedly tapped internal tools to peek at sensitive user details, tracking private wallets for insider edges on trades since early 2025. 

He even dropped audio clips where a voice claimed to monitor Axiom users like it was nothing. Axiom fired back quickly, saying they were shocked and disappointed, yanking access to those tools while they dig deeper.

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Meanwhile, the FTX saga kept rolling in Crypto yesterday

A New York federal judge gave the US government until March 11 to respond to Sam Bankman-Fried’s push for a new trial. SBF, locked up after his 2023 conviction and 25-year sentence, claims fresh witness testimony could flip things. 

Sam Bankman-Fried’s fall from FTX’s collapse still echoes loud in the space.

Emirates NBD believes in Bitcoin 

And on a brighter note for Bitcoin believers, crypto yesterday brought word that Emirates NBD, the UAE’s second-biggest bank, is seriously weighing adding BTC to its institutional portfolios. 

Group CIO Maurice Gravier called Bitcoin “digital gold,” praising its capped supply and proof-of-work strength as what sets it apart from fiat and other coins. 

Sure, he admitted the volatility and correlation risks make it tough for diversification, but the bank’s sharpening its models and macro views before any real moves. If a giant like this jumps in, this could mark the start of serious Middle East institutional flow into Bitcoin

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