Google employee made millions by sharing 'Google Confidential' information on prediction market Polymarket; charged with insider trading
A Google software engineer, Michele Spagnuolo, faces federal charges for insider trading.
Prosecutors allege he exploited confidential company data to profit over $1.2 million on the prediction market platform Polymarket.
Operating under the alias 'AlphaRaccoon', Spagnuolo allegedly bet on Google's business outcomes using non-public information, compromising market integrity.
He is charged with fraud and money laundering.
Google Engineer's Insider Fraud
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