DOJ and CFTC filed parallel charges against Google engineer Michele Spagnuolo for using confidential 2025 search popularity data to place 25 bets on Polymarket, netting $1.2 million from $2.7 million in wagers. He faces up to 50 years in prison.
NPR said an anonymous campaign staffer admitted using unpublished internal polling data to place bets on Polymarket, earning thousands per cycle. It is the third Polymarket-related insider pattern the outlet has documented in three months.
A US court sentenced Maximilien de Hoop Cartier to eight years in prison for helping launder more than $470 million through an unlicensed crypto exchange network using shell companies and US bank accounts.
A Change.org petition urges incoming SEC Chairman Gary Gensler to immediately end the lawsuit against Ripple Labs and investigate former Chairman Jay Clayton’s last-minute filing. It accuses the SEC of waging war on XRP through enforcement rather than rulemaking.
The U.S. Department of Justice arrested Gannon Ken Van Dyke, a special forces soldier involved in the operation that captured Venezuelan president Nicolas Maduro, for allegedly using confidential information to bet over $400,000 on Polymarket. He faces up to 60 years in prison.
The U.S. DOJ arrested a soldier accused of using nonpublic knowledge of the Maduro capture operation to place Polymarket bets, allegedly turning $33,000 into more than $400,000 in a case that could define insider trading in prediction markets.
Former DEA Deputy Chief Paul Campo is accused of converting $750,000 in cartel cash into cryptocurrency and agreeing to launder $12 million more for Mexico’s CJNG cartel, along with facilitating a cocaine deal and weapons procurement.
The SEC is anticipated to green-light several spot Bitcoin ETFs on Wednesday. 10 applicants filed final amendments, with Blackrock registering its iShares Bitcoin Trust. Fee war emerges as Grayscale charges 1.5% while Bitwise offers 0.24%. BTC surpassed $47,000.
