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

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#technology#insider trading#law#finance
Google engineer made $1.2M by placing bets on Polymarket using confidential info, prosecutors allege
TL;DR · WeSearch summary

A Google engineer is accused of making over $1.2 million by using confidential company information to place bets on Polymarket. Michele Spagnulo allegedly wagered on the singer D4vd being Google's most-searched person of the year in 2025, leveraging insider data. The case highlights ongoing concerns about insider trading in prediction markets and has led to significant legal actions.

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Original publisherNBC News — Top
Canonical URLhttps://www.nbcnews.com/news/us-news/google-engineer-polymarket-bets-confidential-information-rcna347249
Publication timeThu, 28 May 2026 02:43:26 GMT
Retrieval time2026-05-28T02:48:07.666Z
Last seen2026-05-28T02:48:07.666Z
Headline sourcePublisher (no WeSearch rewrite)
Excerpt sourcepublisher body
Excerpt methodFirst ~120 words (~800 chars) of extracted publisher body, fair-use limited.
SummaryWeSearch · cerebras-chat (WeSearch summarizer)
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Citation coverageSummary is a WeSearch-generated derivative; primary citation is the original publisher URL.
ClusterNYKHDNaTZ-vc · 2 stories
Cluster logicGrouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison.
Ranking reasonStory pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking.
Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

U.S. newsGoogle engineer made $1.2M by placing bets on Polymarket using confidential info, prosecutors allegeMichele Spagnulo, a 36-year-old Italian citizen living in Switzerland, used insider information to bet singer D4vd would be Google’s most-searched person of the year in 2025, according to prosecutors.Listen to this article with a free account00:0000:00A general exterior view of Google's headquarters in London. A Google engineer is accused in the U.S. of using insider information to make more than $1 million off bets placed on Polymarket.

Excerpt limited to ~120 words for fair-use compliance. The full article is at NBC News — Top.

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