Google Security Engineer Arrested for Allegedly Using Confidential Data to Trade on Polymarket
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Kate Knibbs
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Summary
A Google security engineer, Michele Spagnuolo, was arrested in New York for allegedly using confidential internal information about Google Search traffic to place profitable trades on the Polymarket prediction platform. The 36-year-old Italian citizen, who has worked at Google since 2014 in Zurich, made over $1 million through the scheme between October and December 2025. He faces charges of commodities fraud, wire fraud, and money laundering.
Key quotes
· 4 pulledMichele Spagnuolo, a 36-year-old Italian citizen, was arrested this morning in New York, as first reported by ABC News.
Spagnuolo is charged with one count each of commodities fraud, wire fraud, and money laundering.
According to the complaint, Spagnuolo placed trades on Polymarket from around October 2025 to December 2025 using confidential internal information.
Michele Spagnuolo made more than $1 million on the prediction market platform using confidential information about Google Search traffic.
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