Google engineer made $1.2M by placing bets on Polymarket using confidential info, prosecutors allege

Răzvan Țupa

A Google software engineer was accused Wednesday of using confidential company information to make over $1.2 million on Polymarket in the second significant criminal case tied to trades on the prediction market platform. Michele Spagnulo, 36, an Italian citizen living in Switzerland, is charged with one count each of commodities fraud, wire fraud and money laundering, according to a federal complaint unsealed in New York City. Prosecutors accuse Spagnulo of placing a series of bets from October

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