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gossip ReadWrite May 28, 2026

Regulators accuse Google engineer of profiting through Polymarket insider trading scheme

Regulators accuse Google engineer of profiting through Polymarket insider trading scheme
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Federal regulators say a Google software engineer secretly used internal company information to place highly successful bets on Polymarket contracts tied to Google’s annual Year in Search rankings. The Commodity Futures Trading Commission (CFTC) said Wednesday (May 27) that it filed a civil complaint in federal court in Manhattan against Michele Spagnuolo, a Swiss resident who worked at Google during the period covered in the case. According to the agency, Spagnuolo allegedly accessed confidenti

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