TECH NEWS

Google Security Engineer Arrested in Million-Dollar Polymarket Trading Scheme

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A Google security engineer has been charged with crimes stemming from allegedly placing trades on Polymarket using confidential internal information from the tech giant. Michele Spagnuolo, a 36-year-old Italian citizen, was arrested this morning in New York, as first reported by ABC News.

Spagnuolo is charged with one count each of commodities fraud, wire fraud, and money laundering. He has worked at Google since 2014 and was based out of the company’s Zurich, Switzerland offices.

According to the complaint, Spagnuolo placed trades on Polymarket from around October 2025 to December 2025 using internal Google data. In one instance, he netted $1.2 million trading on who Google’s most-searched person of the year would be in 2025, correctly predicting that the winner would be D4vd, a once obscure singer who became the subject of intense public scrutiny after he was suspected of murder. (D4vd was ultimately charged in the case in...

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US prosecutors charge Google engineer Michele Spagnuolo with using inside information to make $1.2M on Polymarket bets about Google's Year in Search results

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