Insider Trading is a topic tracked in our intelligence system with 5 linked articles.
Regulators are moving to regulate prediction markets (CFTC proposed rulemaking), signaling compliance risks and potential restrictions that affect Kalshi and peers.
Google employee charged with insider trading over Polymarket bets using confidential Year in Search data, profiting about $1.2 million, with DOJ and CFTC actions and the employee placed on leave.
Google engineer Michele Spagnuolo is charged with insider trading for $1.2M in profits on Polymarket using confidential Google data, with DOJ and CFTC involvement.
Google employee Michele Spagnuolo allegedly used confidential internal data to win about $1.2 million on Polymarket bets and faces charges of commodities fraud, wire fraud, and money laundering; he was arrested in New York and released on a $2.25 million bond.
A Google security engineer was arrested for insider trading on Polymarket using confidential internal data, with about $1.2 million in gains, triggering federal charges and highlighting growing regulatory scrutiny on prediction markets.
The CFTC plans to use AI to detect insider trading on Polymarket and other prediction markets, per a WIRED interview with CFTC chair Michael Selig.
Subscribe for real-time topic updates and unlimited access to our intelligence platform.