Google Engineer Charged with Using Insider Data to Win $1M+ in Polymarket Bets on D4vd
By
Nancy Dillon
Fresh out the oven, still warm. Top of the tray.
Summary
A Google engineer, Michele Spagnuolo, allegedly accessed confidential internal data showing that singer D4vd would win Google's "Most Searched" person of 2025 title. He used this non-public information to place bets on Polymarket, wagering over $1 million that D4vd would win and that other prominent figures like Kendrick Lamar, Donald Trump, Pope Leo XIV, and Bianca Censori would not. Federal authorities unsealed a complaint in the Southern District of New York charging him with insider trading-style offenses related to the misuse of proprietary company data for personal financial gain through prediction markets.
Key quotes
· 3 pulledMichele Spagnuolo not only bet that D4vd would win the title, he also placed wagers that other prominent figures, including Kendrick Lamar, Donald Trump, Pope Leo XIV, and Bianca Censori, would not claim the distinction
A Google engineer got an early look at insider data showing singer D4vd would be the surprise upset winner of Google's 'Most Searched' person of 2025 title
He used the highly confidential information to cash in with Polymarket bets, federal authorities say
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