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The Nexus
BUSINESSMay 27 · 22:30 UTCTHE VERGEEmma Roth

A Google employee allegedly used inside information to win $1.2 million on Polymarket

A Google employee, Michele Spagnuolo, was charged with fraud after allegedly using confidential company data to win $1.2 million on Polymarket bets related to 2025 search trends. He was arrested in New York and released on a $2.25 million bond, facing charges including commodities fraud, wire fraud, and money laundering.

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