A Google Security Engineer Was Just Charged in a $1.2 Million Polymarket Scheme—Here’s How the Tech Company Responded

Federal prosecutors say the engineer used confidential company data to place high-stakes bets on the prediction market platform.

BY MOSES JEANFRANCOIS, NEWS WRITER @MOSESJEANS

Illustration: Inc.; Photos: Adobe Stock

Anonymity can’t protect you from everything. Recently, a user on Polymarket known as “AlphaRaccoon” was identified as a Google employee who earned over $1.2 million on the platform through insider trading. 

The United States Attorney’s Office for the Southern District and the FBI charged Michele Spagnuolo with commodities fraud, wire fraud, and money laundering based on “his........

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