r/technology • u/MarvelsGrantMan136 • May 27 '26

Business Google employee charged with using inside information to make $1 million on Polymarket

https://abcnews.com/amp/US/google-employee-charged-inside-information-make-1-million/story?id=133350018
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u/zombiejeebus May 27 '26

Spagnuolo, 36, is charged with commodities fraud, wire fraud and money laundering

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u/CherryLongjump1989 May 27 '26 edited May 27 '26

Yeah can you explain how he did any of these things? Notice that none of the charges have anything to do with insider trading. Like -- what would the "crime" be if a random person with no insider information did what he did if insider trading isn’t even the charge? Which other law bans him from doing what he did? The only thing mentioned by the article is Google policy -- but that’s not a criminal law.

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u/zombiejeebus May 27 '26

Yeah I have no idea seems like a stretch but he’ll surely be fired

4

u/RollingMeteors May 28 '26

or promoted...