It's the second known case of the federal government filing criminal charges against someone who allegedly used insider information to make a large profit on a prediction market site.

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.

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

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…

It's the second known case of the federal government filing criminal charges against someone who allegedly used insider information to make a large profit on a prediction market…

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

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.

A Google engineer faces charges for allegedly using confidential company data. He is accused of rigging bets on Polymarket, a prediction platform. These bets were tied to…

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

Federal prosecutors say the software engineer used internal data to make Polymarket trades on Google’s Year in Search results.

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 Justice Department charged a software engineer at Alphabet Inc.

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…

A Google employee allegedly exploited confidential company data to win $1.2 million on Polymarket bets, facing charges of fraud and money laundering after his arrest in New York.