Article
US Charges Google Employee With Pocketing Millions From Insider Trading Bets On Polymarket
US Charges Google Employee With Pocketing Millions From Insider Trading Bets On Polymarket
Authored by Stephen Katte via CoinTelegraph.com,
US authorities have charged a Google employee with allegedly using information from the company to make bets on Polymarket and profit $1.2 million.
The Justice Department said on Wednesday that it unsealed charges against Google software engineer Michele Spagnuolo, accusing him of accessing unreleased internal information at Google and placing 25 bets worth $2.7 million on markets related to the most searched individuals on Google in 2025.
Prosecutors said Spagnuolo owned the Polymarket account “AlphaRaccoon”, which...
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