GoKawiilGoogle Engineer Seeks Dismissal of Polymarket Insider Trading Charges
Michele Spagnuolo, the Google engineer charged with commodities fraud, wire fraud and money laundering over Polymarket bets made using the alias 'AlphaRaccoon,' has filed a motion to dismiss. His lawyers argue the wagers, which reportedly netted him over $1.2 million including a correct bet on singer D4vd, are informal gambling rather than regulated financial swaps, and that U.S. authorities lack jurisdiction since he is a non-U.S. citizen.