| Google Engineer Peeked at
Year in Search Then Monetized
Inside Info on Polymarket Now
Crowley
by
Matthew Russell Lee, Patreon Book
Substack
SDNY
COURTHOUSE,
May 29 – On May 27 DOJ
announced "the unsealing of a
complaint charging MICHELE
SPAGNUOLO, a/k/a
'AlphaRaccoon,; a software
engineer at Google, with
commodities fraud, wire fraud,
and money laundering arising
from his scheme to
misappropriate confidential
information from his employer
and use that information to
place a series of profitable
Google-related trades on a
prediction market
platform."
The
platform, as in another recent
SDNY case, was Polymarket. The
Complaint says,
"SPAGNUOLO’s
AlphaRaccoon account wagered:
approximately $937,688 on the
“NO” side of “Will Bianca
Censori be the #1 searched
person on Google this year?”
at average implied probability
of approximately 85%;
approximately $613,587 on the
“NO” side of “Will Pope Leo
XIV be the #1 searched person
on Google this year?” at
average implied probability of
approximately 56%;
approximately $509,149 on the
“NO” side of “Will Donald
Trump be the #1 searched
person on Google this year?”
at average implied probability
of approximately 90%; and
approximately $171,612 on the
“NO” side of “Will Donald
Trump rank in Google’s Top 5
Most Searched People of 2025?”
at average implied probability
of approximately 66%.
In total, from on
or about October 15, 2025,
through on or about December
4, 2025, SPAGNUOLO’s
AlphaRaccoon account risked
approximately $2,754,092 on
approximately 25 Google Year
in Search 2025 outcomes that
the market treated as
unlikely.
Google officially
and publicly announced its
Year in Search 2025 results on
or about December 4, 2025.
Soon after it did so,
SPAGNUOLO’s AlphaRaccoon
account, profited
approximately $1.2 million on
his Google Year in Search
2025-related bets.
On May 29 for
Spagmuolo a notice of
appearance filed by Shawn
Crowley, who we've previously
covered representing E. Jean
Carroll and the witness known
as Mia in the US v. Sean
Combs. That was pro bono; this
is retained.
The case
is USA v. Spagnuolo,
1:26-mj-2020
(Netburn)
***
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