A Google engineer who allegedly made over $1,000,000 after predicting 2025's most-searched person has now been arrested for insider trading

2 days ago 2

Rommie Analytics

As much as I enjoy a gacha pull as a little treat, I'm not overly jazzed about how inescapable gambling mechanics have become in games—or anywhere else, for that matter. So-called prediction markets are also becoming increasingly popular, and one Google engineer has been arrested for allegedly leveraging insider information to place bets on Polymarket, a cryptocurrency-based platform.

Michele Spagnuolo was charged this week on the grounds that he'd used confidential business information to place a number of bets on Polymarket (via Wired). Up until his arrest, Spagnuolo had worked for Google since 2014, most recently as a security engineer at Google Zürich. His Google research page has since been taken down.

FBI agent Brandon Racz wrote in the legal complaint, "Unlike the counterparties to his trades, Spagnuolo knew the outcome of these wagers before the trading pub...

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