#michelespagnuolo

NPR Topics: News | DOJ charges Google staffer over Polymarket trades netting $1.2 million by Bobby Allyn AI generated summary, Read the full article for complete information. A Google software engineer, Michele Spagnuolo—who operated under the username “AlphaRaccoon”—was arrested and charged with commodities fraud, wire fraud, money laundering and related offenses after using confidential internal Google search data to place bets on the prediction‑market platform Polymarket, netting roughly $1.2 million in profit; prosecutors allege he wagered that the rapper D4vd would become the most‑searched person in 2025, a bet made possible only because he accessed non‑public Google analytics, and Google confirmed the employee has been placed on leave and is cooperating with the federal investigation, which comes amid growing scrutiny of prediction‑market sites and similar insider‑trading cases involving other individuals and regulatory debates. Read more: https://www.npr.org/2026/05/27/nx-s1-5836659/google-polymarket-insider-trading-doj-charges #MicheleSpagnuolo #Google #Polymarket #DonaldTrump #CFTC #NicolsMaduro #DonaldTrumpJr

US Top News and Analysis | Google employee charged with $1M Polymarket insider trading bet on search term AI generated summary, Read the full article for complete information. Federal prosecutors in the Southern District of New York have charged Google staff information‑security engineer Michele Spagnuolo with money‑laundering, commodities fraud and wire fraud after alleging he used confidential internal data to place insider bets on Polymarket, a prediction‑market platform. By exploiting a Google tool that gave him access to non‑public “Year in Search” data, Spagnuolo allegedly placed trades that correctly predicted which singer would be Google’s most‑searched person in 2025, netting about $1.2 million. He was arrested, released on a $2.25 million bond, and placed on leave by Google, which said it is cooperating with law enforcement. Polymarket, which cooperated with the U.S. Attorney’s Office and the CFTC, noted this is the second high‑profile insider‑trading case on its platform in just over a month, following an earlier arrest of a former U.S. Army Special Forces sergeant for similar misconduct. Read more: https://www.cnbc.com/2026/05/27/google-employee-polymarket-insider-trading.html #Google #Polymarket #MicheleSpagnuolo #CFTC #SouthernDistrict #GannonKenVanDyke #NicolsMaduro

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

ABC News: Top Stories | Google employee charged with using inside information to make $1M on Polymarket AI generated summary, Read the full article for complete information. A federal criminal complaint unsealed in New York accuses former Google software engineer Michele Spagnuolo of fraudulently exploiting his access to internal search‑trend data to place insider bets on the prediction‑market platform Polymarket. By using a pseudonymous account (AlphaRaccoon), he correctly wagered that the singer D4vd would be Google’s most‑searched person in 2025—a bet the market had deemed almost impossible—and profited about $1.2 million after Google’s Year in Search results confirmed the prediction. Spagnuolo, 36, an Italian citizen, has been charged with commodities fraud, wire fraud and money laundering; he was arrested in New York, appeared briefly before a magistrate, and was released on a $2.25 million bond while the case proceeds. This marks the second high‑profile Polymarket fraud case brought by the Southern District of New York this year. Read more: https://abcnews.com/US/google-employee-charged-inside-information-make-1-million/story?id=133350018 #Google #MicheleSpagnuolo #Polymarket #AlphaRaccoon #USattorney