Brief World 3 sources • Published 1 month ago

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 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.
B TodayInBrief
Key Points
  • 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 say S3
Related live story
See the story coverage behind this brief.
Open story →