Federal prosecutors allege a software engineer made more than $1 million using nonpublic information to bet on who would be the most-searched people of 2025.
A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting more than $1.2 million in profits.
The longtime Google employee was charged in New York for allegedly breaking insider trading laws.
It's the second known case of the federal government filing criminal charges against someone who allegedly used insider information to make a large profit on a prediction market site.
Former White House ethics chief Norm Eisen was beside himself with fury on CNN over news that the Trump administration is pursuing a criminal investigation into former advice columnist E. Jean Carroll, who claimed President Donald Trump raped her in a Manhattan department store in the 1990s.A jury found Trump liable for sexual abuse and defamation after he left office the first time; he has maintained his innocence and fought furiously in appeal after appeal to get the verdict and damages thrown out."So, Norm, first off, what's your reaction to the DOJ launching this criminal investigation into E. Jean Carroll?" asked Anderson Cooper."Anderson, it's so outrageous," said Eisen."Every American should be appalled at this pattern of Donald Trump utilizing the most fearsome power of our president, the investigation and possible prosecution of individuals whom he perceives to be his adversaries," said Eisen. "First, it was Tish James. That case was thrown out. Then Jim Comey. That case was thrown out. He's going after Comey again. That case is going to meet the same fate.""This is garbage," he added. "And it is alarming because it is a classic sign of authoritarians. Dictators would blush at Donald Trump's abuse of his criminal powers. And it's not American." - YouTube www.youtube.com
Federal prosecutors on Wednesday charged a Google employee with insider trading on Polymarket. In a seven-page complaint filed in federal court in the Southern District of New York (SNDY), the Department of Justice (DOJ) alleged that 36-year-old Michele Spagnuolo, a software engineer at Google, exploited his access to confidential, nonpublic data on Google’s “Year in…
New York Gov. Kathy Hochul (D) and Donald Trump Jr. traded barbs Wednesday after the former questioned President Trump’s allegiances to the NBA Finals-bound New York Knicks. When a reporter asked Hochul about the president’s Knicks fandom, she responded that she would “ask him to name the starting lineup of the 1993 championship team and…
Ten years ago, President Donald Trump put Europe on notice, telling them the status quo on defense spending was unsustainable — and that America would not continue to shoulder the cost of keeping the European Union safe. Trump was right, but leaders like German Chancellor Olaf Scholz did not want to listen. Only after Russia’s […]
New Jersey Democratic congressional hopeful Adam Hamawy is facing outrage over his past work tied to the terror group Al-Qaeda.