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Saturday 22 August
🌎 Americas · English
Current: 🌎 Americas · English
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Google employee charged with using insider data to rig bets on Polymarket

United States
The brief

US DoJ alleges software engineer Michele Spagnuolo, 36, earned $1.2m betting on Google’s most-searched listThe US justice department has charged a Google software engineer with using insider information to rig bets tied to Google’s most-searched list on prediction market Polymarket, earning $1.2m in profits, according to a complaint unsealed on Wednesday.Michele Spagnuolo, a 36-year-old Italian citizen, allegedly used insider information to bet on long-shot candidates like indie pop musician D4v... Michele Spagnuolo allegedly used insider information to profit from bets on people on Google’s most-searched list. Key points and original sources are listed below.

  • US DoJ alleges software engineer Michele Spagnuolo, 36, earned $1.2m betting on Google’s most-searched listThe US justice department has charged a Google software engineer with using insider information to rig bets tied to Google’s most-searched list on predic...S1
  • Michele Spagnuolo allegedly used insider information to profit from bets on people on Google’s most-searched list. A Google software engineer has been charged with fraud by US authorities after allegedly using insider information to win more than $1.2m in bets...S2
  • Employee allegedly used account name ‘AlphaRaccoon’ and amassed more than $1mn, charges sayS3
Timeline · newest first
2mos The Guardian

Google employee charged with using insider data to rig bets on Polymarket

US DoJ alleges software engineer Michele Spagnuolo, 36, earned $1.2m betting on Google’s most-searched listThe US justice department has charged a Google software engineer with usi…

2mos Al Jazeera

Google employee charged with insider trading over Polymarket bets

Michele Spagnuolo allegedly used insider information to profit from bets on people on Google’s most-searched list. A Google software engineer has been charged with fraud by US auth…

2mos Financial Times

Google engineer charged with insider trading on Polymarket

Employee allegedly used account name ‘AlphaRaccoon’ and amassed more than $1mn, charges say

Google employee charged with using insider data to rig bets on Polymarket

3 outlets 3 reports
The brief

US DoJ alleges software engineer Michele Spagnuolo, 36, earned $1.2m betting on Google’s most-searched listThe US justice department has charged a Google software engineer with using insider information to rig bets tied to Google’s most-searched list on prediction market Polymarket, earning $1.2m in profits, according to a complaint unsealed on Wednesday.Michele Spagnuolo, a 36-year-old Italian citizen, allegedly used insider information to bet on long-shot candidates like indie pop musician D4v... Michele Spagnuolo allegedly used insider information to profit from bets on people on Google’s most-searched list. Key points and original sources are listed below.

  • US DoJ alleges software engineer Michele Spagnuolo, 36, earned $1.2m betting on Google’s most-searched listThe US justice department has charged a Google software engineer with using insider information to rig bets tied to Google’s most-searched list on predic...S1
  • Michele Spagnuolo allegedly used insider information to profit from bets on people on Google’s most-searched list. A Google software engineer has been charged with fraud by US authorities after allegedly using insider information to win more than $1.2m in bets...S2
  • Employee allegedly used account name ‘AlphaRaccoon’ and amassed more than $1mn, charges sayS3
Timeline · newest first

Sources · 3 citations

S1 The Guardian 1 report · EN
S2 Al Jazeera 1 report · EN
S3 Financial TimesLead 1 report · EN