#polymarket

@TheBadPlace@mastodon.ozioso.online · May 29, 2026

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

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · May 29, 2026

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

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · May 29, 2026

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

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · May 29, 2026

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

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · May 22, 2026

US Top News and Analysis | Oversight Chairman Comer launches congressional probe into insider trading on Kalshi, Polymarket AI generated summary, Read the full article for complete information. House Oversight and Government Reform Committee Chairman James Comer announced a congressional investigation into potential insider‑trading activity on prediction‑market platforms Kalshi and Polymarket. Citing trades that appeared to exploit inside information on elections, U.S. military actions, and other political events, Comer has requested documents from both companies on how they verify user identities, enforce geographic restrictions, and detect anomalous trading. The probe follows recent high‑profile cases—including a U.S. soldier allegedly profiting from a bet on Venezuelan politics and dozens of users placing suspicious wagers ahead of strikes in Iran—prompting bipartisan calls for legislation to bar members of Congress, government employees, and presidential administration officials from participating in such markets. Kalshi, regulated by the CFTC, says it does not allow bets on war or death, while Polymarket, a blockchain‑based platform licensed in Panama, operates under limited U.S. regulation. Both firms have said they are tightening internal rules after the suspicious trades were revealed. Read more: https://www.cnbc.com/2026/05/22/kalshi-polymarket-comer-insider-trading-probe-congress.html #JamesComer #Kalshi #Polymarket #CFTC #HouseOversight #TarekMansour #ShayneCoplan #NicolasMaduro #ChrisPappas

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · Apr 28, 2026

BBC News | US soldier accused of betting on Maduro's removal pleads not guilty to fraud charges AI generated summary, Read the full article for complete information. A U.S. Army Special Forces master sergeant, 38‑year‑old Gannon Ken Van Dyke, was arraigned in New York federal court after being accused of using classified intelligence about a secret operation to remove Venezuelan President Nicolás Maduro to place bets on the cryptocurrency‑based prediction market Polymarket. Prosecutors say he profited by more than $400,000 by purchasing dozens of bets between late December and early January that predicted U.S. forces would move into Venezuela and that Maduro would be ousted, allegedly violating non‑disclosure agreements and committing unlawful use of confidential government information, theft of non‑public information, commodities and wire fraud, and illegal monetary transactions. Van Dyke pleaded not guilty, was released on a $250,000 bond with travel restrictions, and his case marks the first DOJ insider‑trading charge involving a prediction market. Read more: https://www.bbc.com/news/articles/cd0p54j9r9vo?at_medium=RSS&at_campaign=rss #VanDyke #NicolsMaduro #Polymarket #CFTC #GannonKenVanDyke

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In reply to

Gabriel N

@wtrmt@mastodon.social · Apr 26, 2026

@bit101@mstdn.social from all the futures described in SF, “Solar Lottery” seemed the most outlandish, and here we are! #kalshy #Polymarket #PKD https://mastodon.social/@wtrmt/116313886106951972

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In reply to

kkarhan

@kkarhan@jorts.horse · Apr 24, 2026

Und falls @ZDF@zdf.social, @NDR@ard.social & Co. wirklich mal die Top-Liga des #Matchfixing sehen wollen, müssen diese nur mal sich #PolyMarket aka. "legally not #Gambling" ansehen. Denn dagegen wirkt bekannter #Wettbetrug geradezu wie #Kleinmist. Insbesondere da das #Trump-Regime bzw. deren #Geheimnisträger dort aktiv mitmachen!

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · Apr 24, 2026

NBC News Top Stories | Polymarket tries to show it can play by the rules by Rob Wile AI generated summary, Read the full article for complete information. Polymarket is attempting to prove its compliance after a special‑forces soldier, Gannon Ken Van Dyke, was arrested for allegedly using classified information about the U.S. operation to capture Venezuelan President Nicolás Maduro to win roughly $440,000 on the platform; the case, coming four years after Polymarket paid $1.4 million to settle with regulators and banned U.S. users, highlights growing scrutiny from the Commodity Futures Trading Commission and the Justice Department over insider‑trading risks in prediction markets. Founder Shayne Coplan said the company flagged the suspicious activity, referred it to authorities, and will continue to crack down on illicit bets, while experts note the platform’s offshore structure and public trade data create a legal gray area that regulators are increasingly targeting. Read more: https://www.nbcnews.com/business/markets/polymarket-regulators-insider-trading-rcna341928 #Polymarket #NicolásMaduro #ShayneCoplan #CFTC #Bidenadministration #GannonKenVanDyke AI generated summary, Read the full article for complete information.

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · Apr 24, 2026

NBC News Top Stories | Trump embraced the gambling industry for decades. Now he's hedging his bet on prediction markets. by Dareh Gregorian AI generated summary, Read the full article for complete information. President Donald Trump publicly lamented the growing popularity of gambling and prediction‑market betting, claiming he was never a fan, yet a review of recent events shows his administration, family, and businesses are deeply intertwined with the industry: Trump’s media arm announced a partnership with Crypto.com to launch prediction markets on Truth Social, his son Donald Jr. is an investor in Polymarket and adviser to rival Kalshi, and the White House has defended the president’s lack of direct involvement while emphasizing ethical standards; meanwhile, Trump downplayed federal charges against a U.S. special‑forces soldier accused of profiting from insider information on Polymarket, likening the case to Pete Rose’s betting scandal, and his administration has taken steps to support online betting—such as ending a Biden‑era effort to curb Polymarket and defending the CFTC’s exclusive regulatory authority against state challenges—reflecting a long‑standing family connection to gambling that dates back to Trump’s Atlantic‑City casinos and his past advocacy for online gaming legislation. Read more: https://www.nbcnews.com/politics/white-house/trump-embraced-gambling-industry-decades-now-hedging-bet-prediction-ma-rcna341871 #DonaldTrump #TruthSocial #Polymarket #CFTC #PeteRose #DonaldTrumpJr. AI generated summary, Read the full article for complete information.

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · Apr 24, 2026

Slate Magazine | We’re Seeing Exactly What Happens When You Can Bet On War—and It’s Horrifying by Alex Kirshner AI generated summary, Read the full article for complete information. The article reports that a U.S. Army special‑forces master sergeant, identified as Gannon Ken Van Dyke, was charged by the Justice Department for illegally using confidential information to place large bets on the prediction‑market platform Polymarket that Venezuelan President Nicolás Maduro would be ousted—profits that turned roughly $34,000 of bets into a $400,000 windfall after the January raid. It explains how insider‑trading rules are clear in traditional markets but murkier in prediction markets, where traders can profit from privileged knowledge about military or political events, and highlights the broader risks of abuse as these platforms become popular, especially under a political climate that encourages profiting from government actions. The piece also raises questions about why similar non‑military abuses are not pursued with the same vigor, critiques the industry’s attempts to portray itself as regulated, and underscores concerns that prediction markets, by allowing bets on virtually any future event, pose a growing national‑security and corruption problem. Read more: https://slate.com/technology/2026/04/polymarket-kalshi-trump-prediction-markets-maduro.html #NicolásMaduro #VanDyke #Polymarket #CFTC #military #GannonKenVanDyke AI generated summary, Read the full article for complete information.

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Boosted by

Kevin Karhan @kkarhan@jorts.horse

The Japan Times

@thejapantimes@mastodon.social · Apr 24, 2026

A U.S. Army soldier has been charged with using classified information about the timing of the capture of then-Venezuelan President Nicolas Maduro to make more than $400,000 trading on Polymarket's prediction market. https://www.japantimes.co.jp/news/2026/04/24/world/crime-legal/us-soldier-polymarket-classified-data/?utm_medium=Social&utm_source=mastodon #worldnews #crimelegal #polymarket #us #venezuela #nicolasmaduro

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · Apr 02, 2026

The Guardian | Polymarket and other prediction platforms driving oil market, traders say by Jillian Ambrose Energy correspondent Datafeeds from platforms being used to create algorithms that determine multimillion-dollar trades on global market Energy traders say online betting platforms are directly driving the global oil market as they increasingly rely on anonymous prediction markets to determine multimillion-dollar trades. Market experts have said that datafeeds from prediction platforms such as Polymarket are being used to create the algorithms that influence trading in the global Brent crude futures market. Continue reading... Read more: https://www.theguardian.com/business/2026/apr/02/energy-traders-polymarket-prediction-datafeeds-global-oil-market #polymarket #predictionplatforms #oilmarket #algorithms #futuresmarket

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · Mar 24, 2026

yahoo news | Where Will Palantir Be in 5 Years if the Polymarket Deal Pays Off? by undefined Palantir’s stock has been making headlines lately, with several recent articles noting a sudden surge in its price. On March 23, 2026, Rich Smith highlighted that Palantir stock “just popped,” while Adam Spatacco and Manali Pradhan, CFA, both emphasized that despite what many see as an absurd valuation, investors continue to buy the shares. The excitement around the company appears to be driven largely by its growing presence in the AI and data‑analytics space, which has attracted both retail and institutional interest. At the same time, analysts and market commentators remain skeptical. A March 22, 2026 piece by Patrick Sanders warned that two AI‑focused stocks, including Palantir, might be overvalued and suggested that Wall Street could be gearing up to sell before a potential 55 % drop. Danny Vena, CPA, echoed this cautionary tone, pointing out a specific problem with Palantir’s fundamentals but still stating his personal intent to buy, indicating a split between short‑term risk concerns and longer‑term confidence. Adding another layer to the discussion, Geoffrey Seiler reported a “Pentagon bombshell” that could impact Palantir’s trajectory, while a separate analysis asked where Palantir’s stock might be in three years. The mixture of hype, valuation debate, potential government contracts, and divergent investor strategies underscores the complex and highly speculative nature of Palantir’s current market narrative. Read more: https://www.fool.com/investing/2026/03/23/where-will-palantir-be-in-5-years-if-the-polymarke/ #palantir #polymarket #pentagon

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Flipboard Tech Desk

@TechDesk__dup_26315@flipboard.social · Mar 06, 2026

Prediction markets in the news are a dangerous gamble, argues @nilay_patel in his latest podcast. "Why platforms like Kalshi and Polymarket want so badly to be seen as sources of news, instead of anything-goes casinos." https://flip.it/WNaOCt #Prediction #Kalshi #Polymarket #Tech #Technology

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Flipboard Tech Desk

@TechDesk__dup_26315@flipboard.social · Mar 02, 2026

People have spent millions gambling on politics and geopolitics via sites like Kalshi and Polymarket — so they're essentially profiting from death and war. @jasonkoebler@mastodon.social calls this the "depravity economy." Here's his story for @404mediaco@mastodon.social. https://flip.it/.y8Pv6 #Iran #Kalshi #Polymarket #Betting

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Italian News by RSS

@ItalianNews@mastodon.ozioso.online · Mar 02, 2026

Punto Informatico: Guerra in Iran e insider trading: l’ombra su Polymarket Oltre mezzo miliardo di dollari puntati sull'attacco all'Iran con Polymarket: luci e ombre della piattaforma per scommettere su tutto. The post Guerra in Iran e insider trading: l’ombra su Polymarket appeared first on Punto Informatico. War in Iran and insider trading: the shadow over Polymarket Over half a billion dollars bet on an attack against Iran with Polymarket: the pros and cons of the platform for betting on everything. The post Iran War and insider trading: the shadow of Polymarket appeared on Punto Informatico. #Polymarket #IranWar #PuntoInformatico https://www.punto-informatico.it/iran-polymarket/

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DrBob, 🧠 Mechanic

@drrjv__dup_31966@vmst.io · Feb 25, 2026

Yeah, so... Substack, I'm out “Substack announced a new partnership with #Polymarket earlier this week. I guess if #Substack is the future of media (it isn’t), then the future of media is gambling. (That’s bad though. You see why that’s bad, right?) Unsurprisingly, I hate it. This is noxious for society and particularly toxic for writers. Basketball blogger Tom Ziller articulated the problem well in his newsletter this morning” https://davekarpf.substack.com/p/yeah-so-substack-im-out

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Flipboard News Desk

@NewsDesk__dup_1582@flipboard.social · Feb 12, 2026

Two Israelis have been charged with using classified information on military operations to place bets on the prediction platform Polymarket, authorities say. Read more from @NBCNews@flipboard.com https://flip.it/DA._Yn #Israel #Polymarket #Military #Betting #Gambling #Army

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