Michele Spagnuolo News & Prediction Market Coverage
Track the latest Michele Spagnuolo news across prediction markets. Prediction News is following 4 active Michele Spagnuolo stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Google engineer Spagnuolo charged with $1.2M Polymarket insider trading using search data
TradingGoogle engineer charged in $1.2M Polymarket insider scheme tied to D4vd case
LegalDOJ and CFTC charge Google engineer with $1.2M Polymarket insider trades using search data
LegalGoogle engineer arrested in $1M Polymarket insider trading scheme
Frequently Asked Questions
Who is Michele Spagnuolo?
A 36-year-old Italian citizen and Staff Information Security Engineer at Google Zürich who resides in Switzerland.
What is Michele Spagnuolo charged with?
Commodities fraud, wire fraud, and money laundering for allegedly misusing confidential Google data to trade on Polymarket.
How much did Spagnuolo make on Polymarket?
Approximately $1.2 million in profits from bets placed under the AlphaRaccoon account, according to federal charges.
What markets did Spagnuolo bet on?
Event contracts tied to Google's 'Year in Search' results and related outcomes, including searches for public figures such as d4vd.
Was Spagnuolo arrested?
Yes, he was arrested in New York and appeared before a federal magistrate judge in the Southern District of New York.
What is Spagnuolo's connection to Polymarket?
He allegedly created the AlphaRaccoon account on the platform in May 2024 and used it to place trades based on non-public information.