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Event Brief
UPDATED May 29, 2026 at 10:00 AM ET
May 27, 2026 at 7:04 PM ET

Google engineer accused of $1.2M insider trading via Polymarket

By The BriefBrief
Michele Spagnuolo faces federal commodities fraud, wire fraud, and money laundering charges over Polymarket bets tied to Google search data.
WHO: Michele Spagnuolo
WHAT: Accused of using an internal Google tool to look up top-trending search data and placing Polymarket bets that allegedly generated over $1.2 million in profits
WHEN: May 27, 2026 at 11:00 PM ET
WHERE: USA
WHY: He allegedly used confidential Google search data to place Polymarket bets before the information was publicly released.
How this story developed (showing 4 of 4 earlier reports)

Reporting from 13 identified publishers across this event arc.

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