A Google staffer fraudulently made more than $1 million by using inside information to place Polymarket bets on what users were searching for on Google, authorities say.

A Google staffer fraudulently made more than $1 million by using inside information to place Polymarket bets on what users were searching for on Google, authorities say.

He's been charged with commodities fraud, wire fraud and money laundering.

Google engineer Michele Spagnuolo charged with commodities fraud, wire fraud, and money laundering for allegedly using confidential search data to win $1.2M on Polymarket.

Google engineer Michele Spagnuolo faces federal charges for allegedly using internal search data to earn $1.2M on Polymarket under the alias AlphaRaccoon.

The charges mark the second major arrest over insider trading on a prediction market.

According to federal prosecutors, Michele Spagnuolo made more than $1 million on the prediction market platform using confidential information about Google Search traffic.

Google engineer Michele Spagnuolo charged with fraud and money laundering for allegedly earning $1.2M on Polymarket using internal Google search data.

‘AlphaRacoon’ made successful bets about 2025 search trends.

The complaint from the Southern District of New York comes just over a month after another insider trading case on Polymarket.

The case against Michele Spagnuolo comes after Special Forces master sergeant was charged with using classified information about the capture of Nicolás Maduro.

NEW YORK, May 27 : The U.S. Justice Department has charged a Google software engineer with using insider information to rig bets tied to Google's most-searched list on prediction…

Federal prosecutors in New York charged a Google software engineer with making roughly $1.2 million in profits from bets on the prediction market platform Polymarket by using…

Federal prosecutors in New York charged a Google software engineer with making roughly $1.2 million in profits from bets on the prediction market platform Polymarket by using…

According to the complaint, a Google engineer risked over $2.7 million on wagers related to Google's 2025 Year in Search campaign.

Michele Spagnuolo allegedly used insider information to profit from bets on people on Google's most-searched list.

Michele Spagnulo, a 36-year-old Italian citizen living in Switzerland, used insider information to bet singer D4vd would be Google’s most-searched person of the year in 2025,…

A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting more than $1.2 million in profits.

Prosecutors charged Spagnuolo with fraud and money laundering, while the CFTC filed a complaint alleging insider trading violations.

A Google engineer is facing a raft of charges in the US after allegedly using confidential company data to profit $1.2 million on Polymarket bets.

The Department of Justice has charged Google information-security engineer Michele Spagnuolo with using internal search-trend data to net $1.2m on Polymarket’s Year-in-Search…