Feed: All Latest | Google Security Engineer Arrested in Million-Dollar Polymarket Trading Scheme by Kate Knibbs AI generated summary, Read the full article for complete information. A Google security engineer, 36‑year‑old Italian Michele Spagnuolo, was arrested in New York and charged with commodities fraud, wire fraud and money‑laundering for allegedly using confidential Google Search traffic data to place trades on the prediction‑market platform Polymarket from October to December 2025. By exploiting insider information, he is accused of earning more than $1 million, including a $1.2 million profit for correctly predicting the 2025 “most‑searched person” (the singer D4vd). The case, the second U.S. arrest linked to illicit prediction‑market activity, follows a recent investigation by the Southern District of New York and heightened scrutiny of Polymarket by lawmakers and regulators, who cite the platform’s transparent blockchain transactions as evidence that insider trading can be traced and prosecuted. Google has placed Spagnuolo on leave pending action. Read more: https://www.wired.com/story/google-employee-accused-of-polymarket-one-million/ #MicheleSpagnuolo #Google #Polymarket #CFTC #business_regulation