Wired · Technology · 2026-08-27
Google Engineer Accused of Polymarket Insider Trading Says He Was Just Gambling
Google Engineer Accused of Polymarket Insider Trading Says He Was Just Gambling. Michele Spagnuolo was arrested for alleged insider trading on Polymarket. The activity is beyond the reach of US commodities law, he says. The case is still under investigation by the U.S. Department of Justice and the Securities and Exchange Commission. The Swiss-based engineer says he was simply gambling, not insider trading. Michele Spagnuolo was arrested for alleged insider trading on Polymarket, but the Switzerland-based engineer says he was simply gambling—activity that is beyond the reach of US commodities law.
Why it matters. Why it matters: Google Engineer Accused of Polymarket Insider Trading Says He Was Just Gambling.
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