A Google software engineer, Michele Spagnuolo, faces federal charges for insider trading. Prosecutors allege he exploited confidential company data to profit over $1.2 million on the prediction market platform Polymarket. Operating under the alias ‘AlphaRaccoon’, Spagnuolo allegedly bet on Google’s business outcomes using non-public information, compromising market integrity. He is charged with fraud and money laundering. A Google software engineer, Michele Spagnuolo, faces federal charges for insider trading. Prosecutors allege he exploited confidential company data to profit over $1.2 million on the prediction market platform Polymarket. Operating under the alias ‘AlphaRaccoon’, Spagnuolo allegedly bet on Google’s business outcomes using non-public information, compromising market integrity. He is charged with fraud and money laundering.
Trending
- Karnataka CM likely to step down; DKS, Siddaramaiah bonhomie: What happened at breakfast meeting?
- Djokovic hits out at Paris crowd: ‘Won’t play any more French players’
- Eye on China, Pakistan: India plans major battlefield upgrade for ageing T-72 tanks
- Pentagon clash with SpaceX over Starlink price: Elon Musk ‘blames’ it on Amazon Web Services
- CBSE exam discrepancy claims: Dharmendra Pradhan issues clarification, takes swipe at Rahul Gandhi
- Man posted image of dog sitting on Indian flag; Allahabad HC grants bail — here’s why
- Meet Mike Marshall: The former soldier graduating at 69 after leaving school with no qualifications at 15
- Govt Health Spending Triples in Decade, Household Medical Burden Falls