News

Google employee charged with $1M Polymarket insider trading bet on search term

  • Davis Giangiulio--CNBC
  • published date: 2026-05-27 23:34:33 UTC

The complaint from the Southern District of New York comes just over a month after another insider trading case on Polymarket.

Federal prosecutors charged a Google employee with fraud on Wednesday, alleging that he made $1.2 million off of bets using insider information on Polymarket. Prosecutors claim that Michele Spagnuol… [+2705 chars]