Google employee charged over $1.2M Polymarket bets
On May 27, 2026, federal prosecutors in New York charged a Google employee with allegedly using confidential, nonpublic Google search data to place trades on Polymarket, a prediction market platform, and profit roughly $1.2 million after Google later published its Year in Search 2025 results on December 4, 2025. The case adds fresh scrutiny to prediction markets, where the speed and openness that make them useful also create obvious abuse risk when traders have access to inside information.