A Google employee allegedly used inside information to win $1.2 million on Polymarket
Federal prosecutors charged a Google employee with fraud after he allegedly made $1.2 million on Polymarket bets related to Search-related trends in 2025, as reported earlier by ABC News. In their now-unsealed complaint, prosecutors allege that Michele Spagnuolo "knew the outcome of these wagers before the trading public did because he had accessed Google's confidential, […]
What happened?
Federal prosecutors charged a Google employee with fraud after he allegedly made $1.2 million on Polymarket bets related to Search-related trends in 2025, as reported earlier by ABC News. In their now-unsealed complaint, prosecutors allege that Michele Spagnuolo "knew the outcome of these wagers before the trading public did because he had accessed Google's confidential, […]
Story details
Federal prosecutors charged a Google employee with fraud after he allegedly made $1.2 million on Polymarket bets related to Search-related trends in 2025, as reported earlier by ABC News.
In their now-unsealed complaint, prosecutors allege that Michele Spagnuolo "knew the outcome of these wagers before the trading public did because he had accessed Google's confidential, […]
Why it matters
This story helps build a stronger internal English tech archive around Technology, giving search visitors more reasons to keep browsing the site instead of bouncing after a single headline.
Original source
https://www.theverge.com/tech/938635/google-polymarket-insider-trading-prediction-market-bets