Google Engineer Charged Over Insider Info Used to Win $1.2M on Polymarket

A Google software engineer, Michele Spagnuolo, is accused in a New York criminal complaint of using confidential Google data to place Polymarket bets on 2025 Google search trends, profiting about $1.2 million; prosecutors allege insider trading and other fraud, with a separate CFTC action filed. Google says the data access violated policy and has placed him on leave, while Polymarket cooperates with authorities. The case highlights insider-trading risks in prediction markets and follows other recent enforcement actions.