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Event Brief

Google engineer accused of Polymarket insider trading

Michele Spagnuolo, a Switzerland-based Google engineer, was arrested over alleged insider trading on Polymarket. Spagnuolo says he was only gambling and argues the activity is beyond the reach of US commodities law.
WHO: Michele Spagnuolo
WHAT: Spagnuolo was arrested over alleged insider trading on Polymarket and said he was just gambling.
WHEN: Reported Aug 26, 2026 at 8:00 PM ET
WHERE: Switzerland
WHY: Cause not yet established.

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