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US Charges Google Employee With Pocketing Millions From Insider Trading Bets On Polymarket

Zero Hedge

Tyler Durden
Thursday, May 28, 2026 – 09:50 AM

Authored by Stephen Katte via CoinTelegraph.com,

US authorities have charged a Google employee with allegedly using information from the company to make bets on Polymarket and profit $1.2 million.

The Justice Department said on Wednesday that it unsealed charges against Google software engineer Michele Spagnuolo, accusing him of accessing unreleased internal information at Google and placing 25 bets worth $2.7 million on markets related to the most searched individuals on Google in 2025.

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