Google engineer charged with insider trading over Polymarket bets
Federal prosecutors in the southern district of New York charged Michele Spagnuolo, a Google staff information security engineer, with money laundering, commodities fraud and wire fraud after alleging she used confidential internal Year in Search data to place successful Polymarket bets and net about $1.2 million. The complaint links the AlphaRaccoon account to Spagnuolo and says Google publicly released Year in Search 2025 results on or about December 4, 2025. Spagnuolo was arrested, released on a $2.25 million bond, placed on leave by Google, and faces a separate CFTC civil case; Polymarket says its cooperation aided the investigation.
A Google employee profited about $1.2 million using confidential Year in Search data
Context
Google announced its Year in Search 2025 results in early December 2025. Observers…
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