Google security engineer accused of turning confidential search trends into $1.2M win on Polymarket

A Google security engineer, Michele Spagnuolo, was arrested and charged with using nonpublic internal "Year in Search" data to place profitable bets on Polymarket, allegedly netting over $1.2M; prosecutors allege he concealed proceeds via cryptocurrency transactions and faces criminal and civil charges including violations of the Commodity Exchange Act, wire fraud, and money laundering.