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Federal prosecutors charged a Google software engineer with using nonpublic information to place bets on Polymarket. The trades reportedly earned more than $1 million on a single search term.
cnet.comFederal authorities charged a Google software engineer with insider trading on the prediction market Polymarket. Prosecutors said the engineer used nonpublic information to place bets that generated more than $1 million in profits. The charges center on wagers placed on one of last year’s most popular Internet searches.
Court documents allege the engineer had access to internal data that influenced the outcome of the market.
Prosecutors stated the engineer placed the bets while employed at Google. The complaint does not name the specific search term involved. The case marks one of the first criminal actions tied to trading on Polymarket. No additional defendants or related companies were identified in the filing.
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azernews.azIranian military spokesperson Brig. Mohammad Akraminia said Tuesday the U.S. must accept Iranian sovereignty over the Strait of Hormuz for shipping to return to prewar levels. President Trump announced the U.S. would resume a naval blockade of Iranian ports the same day.
The IndependentThe World Health Organization said the true number of cases is at least double the official tally. The outbreak declared May 15 has spread to Uganda and prompted expanded treatment capacity in Bunia.
The War ZoneThe U.S. Army will station its ME-11B HADES aircraft fleet and establish its first operational unmanned aerial system battalion at Fort Hood, Texas. The moves consolidate the 116th Military Intelligence Brigade and related units at the Texas installation.