Michele Spagnuolo, who has worked at Google since 2014, has been charged with one count each of commodities fraud, wire fraud and money laundering.
The Google employee case is the second federal prosecution tied to alleged prediction market insider trading on Polymarket.
Michele Spagnuolo used his access to the annual Year in Search list to place huge bets on which public figures would be the most searched on Google last year.
The US charged a Google software engineer with insider trading after he allegedly made a profit of $1.2 million on Polymarket bets related to which public figures would top Google’s rankings for the ...
Michele Spagnulo, a 36-year-old Italian citizen living in Switzerland, used insider information to bet singer D4vd would be ...
Federal prosecutors in New York charged a Google software engineer with making roughly $1.2 million in profits from bets on ...
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