US charges Google employee with insider trading bets on Polymarket
US charges Google employee with insider trading bets on Polymarket
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The Justice Department and the CFTC have charged Google software engineer Michele Spagnuolo with insider trading. He is alleged to have profited $1.2 million on the prediction market platform Polymarket by leveraging non-public information obtained through his employment.
The Justice Department and the CFTC allege that Google software engineer Michele Spagnuolo profited $1.2 million on Polymarket after accessing non-public information at work.