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Google engineer charged with insider Polymarket bets poised to lose millions in stock grants: report

By Thomas BarrabiJune 1, 2026 · 1 min read

Michele Spagnuolo, a 36-year-old software engineer, was charged last week with wire fraud and money laundering after allegedly earning $1.2 million through his scheme – which involved using nonpublic Google data to win bets on which celebrities, such as rappe…

The Google engineer charged with illegally using inside information to win bets on Polymarket could end up losing millions of dollars in stock and other compensation after his arrest, according to a …

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