{"id":508763,"date":"2026-05-27T20:21:10","date_gmt":"2026-05-28T00:21:10","guid":{"rendered":"https:\/\/deultimominuto.net\/en\/uncategorized\/google-employee-accused-of-using-confidential-information-to-win-us1-2-million-in-bets\/"},"modified":"2026-05-27T20:21:10","modified_gmt":"2026-05-28T00:21:10","slug":"google-employee-accused-of-using-confidential-information-to-win-us1-2-million-in-bets","status":"publish","type":"post","link":"https:\/\/deultimominuto.com\/en\/uncategorized\/google-employee-accused-of-using-confidential-information-to-win-us1-2-million-in-bets\/","title":{"rendered":"Google employee accused of using confidential information to win US$1.2 million in bets"},"content":{"rendered":"<strong>New York.<\/strong> \u2013 A software engineer from <strong>Google<\/strong> was charged by federal authorities in the <strong>United States<\/strong> with using confidential company information to obtain profits exceeding <strong>1.2 million<\/strong> dollars on the prediction platform <strong>Polymarket<\/strong>.\n\nThe defendant was identified as <strong>Michele Spagnuolo<\/strong>, 36 years old, who faces charges of fraud, wire fraud, and money laundering, following an investigation that revealed the alleged misuse of internal Google data to place advantageous bets over other market participants.\n\nAccording to the accusation, Spagnuolo would have accessed internal company tools that allowed him to know search trends before they were publicly released. With that information, he placed bets related to the results of Google&#8217;s annual &#8220;Year in Search&#8221; report, obtaining significant economic benefits.\n\n\n<h5 class=\"wp-block-heading\"><strong>We recommend reading: <a href=\"https:\/\/ab.deultimominuto.net\/tecnologia\/google-lanza-un-sistema-de-ia\/\" target=\"_blank\" rel=\"noopener\">Google launches an AI system for vehicles that can predict when to change lanes<\/a><\/strong><\/h5>\n\n\nAuthorities claim that the employee used the account identified as \u201cAlphaRaccoon\u201d to bet on Polymarket on who would be the most searched people on Google during 2025. Among his operations is a bet in favor of the singer D4vd, when the markets attributed him a minimal probability of occupying that position.\n\nThe investigation indicates that the accused obtained around US$1.2 million in profits and subsequently attempted to conceal the origin of the funds through various financial transactions.\n\nGoogle confirmed that the employee was placed on leave while the legal process advances and assured that it is collaborating with the authorities. The company described the use of internal information for personal purposes as a serious violation of its corporate policies.\n\nThe case occurs amid growing scrutiny by US authorities of so-called prediction markets, platforms that allow betting on future events related to politics, economics, sports, and other topics of public interest.\n\nProsecutors believe this process could set a precedent in the supervision of potential insider trading cases within this type of digital platform.","protected":false},"excerpt":{"rendered":"<p>New York. \u2013 A software engineer from Google was charged by federal authorities in the United States with using confidential company information to obtain profits exceeding 1.2 million dollars on the prediction platform Polymarket. The defendant was identified as Michele Spagnuolo, 36 years old, who faces charges of fraud, wire fraud, and money laundering, following [&hellip;]<\/p>\n","protected":false},"author":133558,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[1],"tags":[],"class_list":["post-508763","post","type-post","status-publish","format-standard","category-uncategorized"],"acf":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/phj1q1-28lR","jetpack_featured_media_url":"","dum_api":{"author_name":"Linda Veras","author_image":"https:\/\/deultimominuto.com\/wp-content\/uploads\/2026\/05\/cropped-WhatsApp-Image-2026-05-11-at-9.59.54-PM-96x96.jpeg","categories_name":["Uncategorized"],"featured_media_url":null},"_links":{"self":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/508763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/users\/133558"}],"replies":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/comments?post=508763"}],"version-history":[{"count":0,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/508763\/revisions"}],"wp:attachment":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media?parent=508763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/categories?post=508763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/tags?post=508763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}