A Google security engineer was federally charged with insider trading on Polymarket using non-public information about Google product launches and internal events. He allegedly placed bets on resolution outcomes that only someone with privileged access could know in advance.
This is the latest (and most high-profile) case showing that prediction markets have become a high-signal, low-friction venue for insider trading.
Why Polymarket Is Particularly Vulnerable
Binary, high-frequency resolutions (product launches, earnings, events) create clear, verifiable payoffs.
Pseudonymous wallets + USDC make identity harder to trace than traditional brokerages.
