TL;DR. A Google software engineer faces charges for allegedly using confidential search data to profit over
million on the Polymarket prediction platform.
- Michele Spagnuolo allegedly placed bets on Google's most-searched people of 2025 using inside information.
- Prosecutors charge Spagnuolo with commodities fraud, wire fraud, and money laundering.
- Google placed the employee on leave, cooperating with the ongoing investigation.
Google employee Michele Spagnuolo charged with insider trading on Polymarket.
Spagnuolo allegedly used confidential Google search data for bets on most-searched people.
He profited approximately
.2 million from these wagers.
Charges include commodities fraud, wire fraud, and money laundering.
Google has placed Spagnuolo on leave and is cooperating with law enforcement.