Google’s software engineer has now been charged for insider trading. The US prosecutors have charged Michele Spangnuolo, software engineer at Google with insider trading after he allegedly used the company’s confidential information to make more than n $1.2 million in profits on the prediction market platform Polymarket.

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.