A Google information security engineer was charged with commodities fraud, wire fraud, and money laundering after using confidential company data to place winning bets on Polymarket, profiting over $1 million by betting on Google's most-searched person in 2025. The engineer, arrested Wednesday in New York, allegedly used an account named AlphaRaccoon to place bets with knowledge of outcomes before they became public.
This reminds me of the guy (Aaron Schwartz?) who pirated a relatively small amount of scientific articles to make knowledge public.... You're going after the wrong people, because it is easier to.
2 comments
A Google information security engineer was charged with commodities fraud, wire fraud, and money laundering after using confidential company data to place winning bets on Polymarket, profiting over $1 million by betting on Google's most-searched person in 2025. The engineer, arrested Wednesday in New York, allegedly used an account named AlphaRaccoon to place bets with knowledge of outcomes before they became public.
This reminds me of the guy (Aaron Schwartz?) who pirated a relatively small amount of scientific articles to make knowledge public.... You're going after the wrong people, because it is easier to.