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According to PolyBeats monitoring, the U.S. Department of Justice Southern District of New York announced on May 27 that Google software engineer Michele Spagnuolo was charged with committing commodity fraud, wire fraud, and money laundering for allegedly using Google's internal non-public search trend data to trade Google's annual search-related markets on Polymarket and making a profit of over $1.2 million.

Spagnuolo conducted 25 transactions in the Google category, resulting in a total profit of $1.26 million with zero losses. Twenty-three of these transactions were related to Google search rankings, while the remaining two were related to predicting the release time of Gemini 3.0.

This channel had previously indicated after the settlement of "Who will be the top Google annual search ranking in 2025?" last December that 0xafEe had bought "Yes" when the probability of option d4vd was close to zero, and continuously bought "No" when the immensely popular Pope Leo XIV remained first in probability in the rankings. Additionally, they maintained an unusually high win rate in multiple Google search trend and Gemini product release time markets. At that time, we judged that this was no longer a typical "betting big on low probability" position, but rather a trading activity involving access to insider Google information.

The Department of Justice stated that Spagnuolo had access to a suite of internal tools labeled as "Google Confidential," which included Google's annual search results and underlying search trend data.

Account:
0xee50a31c3f5a7c77824b12a941a54388a2827ed6
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