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BackGoogle Engineer Accused of Polymarket Insider Trading Says He Was Just Gambling

Google Engineer Accused of Polymarket Insider Trading Says He Was Just Gambling

NEWS

Wired5 hours agoCrime1 min read

Google Engineer Accused of Polymarket Insider Trading Says He Was Just Gambling

michele spagnuolo polymarket insider trading

Quick Look

Google engineer Michele Spagnuolo, arrested for alleged insider trading on the prediction platform Polymarket, claims his actions were merely gambling and outside the scope of US commodities law.

AI-generated summary

Why It Matters

Michele Spagnuolo was arrested for alleged insider trading on the prediction market platform Polymarket.

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Google Engineer Accused of Polymarket Insider Trading Says He Was Just Gambling

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.

Open Questions

Will the court accept the gambling defense?
How will US commodities law be applied to this case?

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OrganizationsGoogle Polymarket

Topicspolymarket insider trading google commodities law

This article was originally published by Wired.

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