Google Employee Accused of Making $1 Million From Insider Trading on Polymarket

A Google software engineer was accused of using confidential company marketing information to bet on Polymarket.

Federal prosecutors say Michele Spagnuolo made about $1.2 million and later tried to hide the source of the money.

The case adds to concerns about insider trading and abuse in prediction markets.

It also tests how well platforms like Polymarket can police manipulation and illicit trading.