Google Employee Charged with Insider Trading Over Polymarket Bets

A Google employee has been charged with insider trading for allegedly using confidential company information to profit from bets on Polymarket. The employee reportedly leveraged internal data on Google's most-searched list.

Thu May 28 2026

Google Employee Accused of Insider Information Use

Michele Spagnuolo, an employee at Google, has been charged with allegedly using insider information to profit from bets made on Polymarket. Spagnuolo is accused of exploiting internal data related to Google's most-searched list of individuals to gain an advantage in these bets.

Polymarket Bets and Charges

Polymarket is a prediction market platform where users can place bets on the outcomes of future events. It is alleged that Spagnuolo used non-public information, accessible within Google, to anticipate trends in search volumes for certain individuals, subsequently utilizing this insight for betting. This indictment highlights concerns regarding the illicit use of corporate insider information.

*Source: Al Jazeera (2026-05-28)*

Tags: #Google #InsiderTrading #Polymarket #tech #Legal