Google Engineer Arrested Over Alleged Polymarket Bets on Internal Search Data

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Google Engineer Arrested Over Alleged Polymarket Bets on Internal Search Data

3 sources1 min readTechnology3 blindspots

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Bias ratings by MBFC

❌ 3 contradicted✅ 6 verified❓ 4 unconfirmed🔀 75% model agreement

Framing Analysis3 balanced · 0 biased · 0 diverge from source label

BBC News

Al Jazeera

CNN

Michele Spagnuolo, a Google software engineer and Italian citizen residing in Switzerland, was arrested on Wednesday and appeared before a federal judge in New York. He is accused of using the Polymarket account AlphaRaccoon to bet on Google’s Year in Search results, winning $1.2 million. Google placed him on leave and is cooperating with authorities, as is Polymarket.

BBC News📺Al Jazeera🏳️CNN🏢

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[BBC News 📺] Google worker charged with using internal data to make $1.2m on bets [Al Jazeera 🏳️] Google employee charged with insider trading over Polymarket bets [CNN 🏢] Federal prosecutors charge Google engineer for allegedly using insider info to make $1.2 million on Polymarket

How outlets covered this

Left

“Google worker charged with using internal data to make $1.2m on bets”

Read at BBC News →

Center

No center sources covered this

Right

No right-leaning sources covered this

How different viewpoints frame this

Progressive

The case shows tech insiders exploiting proprietary data for personal gain in lightly regulated markets, highlighting structural advantages and the need for stronger oversight of prediction platforms.

“Data power concentration and regulatory gaps”

Conservative

Individual accountability and prosecution of insider misuse of corporate data are essential to maintain trust in markets and prevent elite employees from operating above the law.

“Rule of law and corporate responsibility”

Libertarian

The matter centers on breach of private employment agreements and property rights rather than expansive federal statutes; prediction markets should remain voluntary exchanges.

“Private contracts over regulatory expansion”

Devil's Advocate

All views treat unverified claims as settled and overlook that the core issue may be routine IP theft rather than market manipulation, plus selective enforcement risks.

“Over-acceptance of narrative and unexamined enforcement selectivity”

Source Credibility

BBC NewsLeft-Center✓ High

Al JazeeraLeft-Center✓ Mostly Factual

CNNLeft-Center✓ Mostly Factual

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Story Timeline

May 28, 2026 3:02 AM
Google Engineer Arrested Over Alleged Polymarket Bets on Internal Search Data You are here
40/100 confidence
May 28, 2026 12:02 AMGoogle Engineer Michele Spagnuolo Charged With Fraud Over Polymarket Bets on 2025 Search Results
40/100 confidence79% related
May 27, 2026 10:32 PMGoogle Engineer Michele Spagnuolo Charged With Fraud Over Polymarket Bets
48/100 confidence76% related

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