US authorities have accused Google engineer Michele Spagnuolo of using confidential corporate information to place 25 bets on Polymarket, amounting to $2.7 million. According to the Department of Justice and the CFTC, the account AlphaRaccoon earned approximately $1.2 million. The charges include commodities fraud, wire fraud, and money laundering.
Google Employee Accused of Insider Betting on Polymarket
