Other Other Commodity Futures Trading Commission (CFTC)· United States · 2026-05-27

CFTC Charges Google Employee with Insider Trading in Search Result-Related Event Contracts

→ Michele Spagnuolo

The Commodity Futures Trading Commission filed a complaint against Michele Spagnuolo, a Google employee, for insider trading on Polymarket.com using nonpublic information about Google's Year in Search list for 2025. The CFTC seeks various penalties including restitution and trading bans.

Amount (EUR)

€1,120,000

Original currency

USD 1,200,000

Action date

2026-05-27

Authority

Commodity Futures Trading Commission (CFTC)

Country

United States

Primary source:
https://www.cftc.gov/PressRoom/PressReleases/9237-26 ↗

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