Event Brief
Google engineer accused of $1.2M insider trading via Polymarket
Filed: May 28, 2026 at 2:00 AM ET
Summary: 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.
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📋 This story has 4 earlier reports
🔍 18 sources analyzed
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