{"id":19658,"date":"2026-05-28T06:10:32","date_gmt":"2026-05-28T06:10:32","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/28\/cftc-charges-google-employee-with-insider-trading-on-polymarket-fx-news-group\/"},"modified":"2026-05-28T06:10:32","modified_gmt":"2026-05-28T06:10:32","slug":"cftc-charges-google-employee-with-insider-trading-on-polymarket-fx-news-group","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/28\/cftc-charges-google-employee-with-insider-trading-on-polymarket-fx-news-group\/","title":{"rendered":"CFTC charges Google employee with insider trading on Polymarket &#8211; FX News Group"},"content":{"rendered":"<p> \t\t\t    <span class=\"post-category\"><a href=\"https:\/\/fxnewsgroup.com\/category\/forex-news\/regulatory\/cftc-news\/\" rel=\"tag\" class=\"term-cftc-news\">CFTC News<\/a>\/ <a href=\"https:\/\/fxnewsgroup.com\/category\/forex-news\/regulatory\/\" rel=\"tag\" class=\"term-regulatory\">Regulatory News<\/a><\/span>\t\t\t<br \/>  \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"author-avatar\"><img alt='' src='https:\/\/secure.gravatar.com\/avatar\/fad9763eadd579d9da24511d8252d30e40c18ffe8ba588466cc48499575cf806?s=30&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/fad9763eadd579d9da24511d8252d30e40c18ffe8ba588466cc48499575cf806?s=60&#038;d=mm&#038;r=g 2x' itemprop='image' class='avatar avatar-30 photo' height='30' width='30' decoding='async'\/><\/span> \t\t\t\t\t\t<span class=\"author-name\"><span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/fxnewsgroup.com\/author\/maria\/\" rel=\"author\">Maria Nikolova<\/a><\/span><\/span> \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t        <span class=\"post-comment\">         <a href=\"https:\/\/fxnewsgroup.com\/forex-news\/regulatory\/cftc-charges-google-employee-with-insider-trading-on-polymarket\/#respond\">0 Comments<\/a>        <\/span>          \t\t\t\t \t\t\t\t\t\t\t\t\t <time datetime=\"2026-05-28\" class=\"post-date entry-date updated\">May 28, 2026<\/time> \t\t\t\t \t\t\t<br \/>The Commodity Futures Trading Commission (CFTC) today announced it has filed a complaint in the U.S. District Court for the Southern District of New York against Michele Spagnuolo, a resident of Switzerland.<br \/>The complaint alleges that Spagnuolo, a Google employee, engaged in insider trading on Polymarket.com using sensitive nonpublic information regarding Google\u2019s official Year in Search list for 2025.<br \/>In the complaint, the CFTC seeks restitution, disgorgement, civil monetary penalties, trading and registration bans, and a permanent injunction against further violations of the Commodity Exchange Act and CFTC regulations, as charged.<br \/>According to the complaint, during the Relevant Period, Spagnuolo was a software engineer at Google. As a result of his employment, Spagnuolo acquired sensitive nonpublic information concerning the results of Google\u2019s official Year in Search list for 2025.<br \/>As a Google employee, Spagnuolo owed a duty of trust and confidence to Google to maintain the confidentiality of that information and not use it for personal gain.<br \/>In violation of those duties, from at least October 2025 through at least December 2025, Spagnuolo purchased \u201cYes\u201d or \u201cNo\u201d shares on at least twenty-three of the 2025 Year in Search List contracts on Polymarket.com, including \u201c#1 Searched Person on Google this year\u201d and \u201cTop 5 Most Searched People on Google 2025,\u201d with near-perfect accuracy.<br \/>The complaint alleges that Spagnuolo, who used the Polymarket handle \u201cAlphaRaccoon,\u201d generated approximately $1.2 million in profits through his trading.<br \/>On May 27, 2026, the U.S. Attorney\u2019s Office for the Southern District of New York announced the unsealing of a criminal complaint against Spagnuolo in the same court alleging conduct similar to that alleged in the CFTC\u2019s complaint.<br \/> \t\t\t<img alt='' src='https:\/\/secure.gravatar.com\/avatar\/fad9763eadd579d9da24511d8252d30e40c18ffe8ba588466cc48499575cf806?s=96&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/fad9763eadd579d9da24511d8252d30e40c18ffe8ba588466cc48499575cf806?s=192&#038;d=mm&#038;r=g 2x' itemprop='image' class='avatar avatar-96 photo' height='96' width='96' decoding='async'\/>\t\t<br \/> \t\t\t\t\t\t\t\t<span class=\"post-category\"><a href=\"https:\/\/fxnewsgroup.com\/category\/forex-news\/regulatory\/cftc-news\/\">CFTC News<\/a> \/ <\/span> \t\t\t\t\t\t\t<br \/> \t\t\t\t\t\t\t\t<span class=\"post-category\"><a href=\"https:\/\/fxnewsgroup.com\/category\/forex-news\/regulatory\/\">Regulatory News<\/a> \/ <\/span> \t\t\t\t\t\t\t<br \/> \t\t\t\t\t\t\t\t<span class=\"post-category\"><a href=\"https:\/\/fxnewsgroup.com\/category\/forex-news\/regulatory\/cftc-news\/\">CFTC News<\/a> \/ <\/span> \t\t\t\t\t\t\t<br \/><span id=\"email-notes\">Your email address will not be published.<\/span> <span class=\"required-field-message\">Required fields are marked <span class=\"required\">*<\/span><\/span><br \/><label for=\"comment\">Comment <span class=\"required\">*<\/span><\/label> <textarea id=\"comment\" name=\"comment\" cols=\"45\" rows=\"8\" maxlength=\"65525\" required><\/textarea><br \/><label for=\"author\">Name <span class=\"required\">*<\/span><\/label> <input id=\"author\" name=\"author\" type=\"text\" value=\"\" size=\"30\" maxlength=\"245\" autocomplete=\"name\" required \/><br \/><label for=\"email\">Email <span class=\"required\">*<\/span><\/label> <input id=\"email\" name=\"email\" type=\"email\" value=\"\" size=\"30\" maxlength=\"100\" aria-describedby=\"email-notes\" autocomplete=\"email\" required \/><br \/><label for=\"url\">Website<\/label> <input id=\"url\" name=\"url\" type=\"url\" value=\"\" size=\"30\" maxlength=\"200\" autocomplete=\"url\" \/><br \/><input name=\"submit\" type=\"submit\" id=\"submit\" class=\"submit\" value=\"Post Comment\" \/> <input type='hidden' name='comment_post_ID' value='41372' id='comment_post_ID' \/> <input type='hidden' name='comment_parent' id='comment_parent' value='0' \/> <br \/><input type=\"hidden\" id=\"akismet_comment_nonce\" name=\"akismet_comment_nonce\" value=\"aee93b6d2a\" \/><br \/><label>&#916;<textarea name=\"ak_hp_textarea\" cols=\"45\" rows=\"8\" maxlength=\"100\"><\/textarea><\/label><input type=\"hidden\" id=\"ak_js_1\" name=\"ak_js\" value=\"19\"\/><script>\ndocument.getElementById( \"ak_js_1\" ).setAttribute( \"value\", ( new Date() ).getTime() );\n<\/script> <br \/>LEADING BROKERS<br \/>LATEST NEWS<br \/>FNG NEWSLETTER<br \/><span style=\"color: #333333;\">With FNG&#8217;s Newsletter you&#8217;ll get all the latest breaking FX Industry news stories &#8211; 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