Google engineer charged over alleged $1.2 million Polymarket profit (opens in new tab)

U.S. prosecutors charged Google engineer Michele Spagnuolo with commodities fraud, wire fraud and money laundering, alleging he used confidential Google search data to make more than $1.2 million on Polymarket wagers tied to Google’s 2025 “Year in Search” rankings. The 36-year-old Italian citizen, who lives in Switzerland and had worked at Google since 2014, was arrested in New York. The criminal complaint says Spagnuolo used the Polymarket account name “AlphaRaccoon” and placed about $2.7 mi...