🔥 Google engineer busted for insider trading on Polymarket — $1.2M profit using internal search data, DOJ + CFTC charging 📊 Key Data - Google software engineer Michele Spagnuolo allegedly accessed non-public internal data at work - Placed 25 bets worth $2.7M via Polymarket account "AlphaRaccoon" - Profited $1.2M on "most searched people 2025" outcomes the market treated as unlikely - Charges: commodities fraud, wire fraud, money laundering — faces up to 50 years 🔍 Quick Take Second major prediction market insider trading bust in two months. After Discord sleuths started connecting dots, Spagnuolo allegedly renamed the account to a wallet address and routed funds through mixers. Didn't help. DOJ, CFTC, and Congress are now circling prediction markets. This isn't just a one-off — it's the moment Polymarket transitions from wild west to regulated venue. The days of anonymous whale bets on non-public info are numbered. 💬 Is this the end of prediction market degen era or just growing pains? #ETH #OKB #ICEBacksOKXOilPerps #ExchangeOSGoesLive #HYPEWhaleWar