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US charges Google engineer with Polymarket insider trading

Federal prosecutors charged Michele Spagnuolo for using internal data to rig bets on Google search trends. The engineer allegedly earned over 1.2 million dollars.

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The United States charged a ALPHABET INC-CL A software engineer with using insider information to net $1.2 million in illegal Polymarket profits. Michele Spagnuolo, a 36-year-old Italy citizen living in Switzerland, allegedly rigged bets on prediction markets using confidential search trends. The case marks a widening federal crackdown on corporate insiders exploiting non-public data within decentralized prediction platforms.

Rigging the Search Trends
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