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Google Engineer Busted for Insider Trading on Polymarket

CoinDeskMay 28, 2026120 views51:20

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A Google security engineer was arrested for allegedly using the company's internal search data to place winning bets on Polymarket prediction markets. Michele Spagnuolo transferred $3.8 million in USDC and personally cleared about $1.2 million before attempting to conceal the funds through a privacy mixer. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Public Keys: https://open.spotify.com/show/1rqYzRV10nfKfoTpFXZhTE Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE The Policy Protocol: https://open.spotify.com/show/3Fh8ffulAWcCqMu0uVuwoj

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