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

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.

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.