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Online Sleuths Expose $1M Google Insider on Polymarket

Wall Street Journal Markets •
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Blockchain engineer Haeju Jeong flagged a Polymarket trader who amassed over $1 million by betting on the exact top Google search results projected for 2025. Jeong posted his theory on X, calling the participant a "Google insider" exploiting the crypto‑based prediction market for rapid profit.

The accusation sparked a wave of amateur investigation across crypto forums, where users dissected the trader's timing and query selections. Analysts noted that such precise forecasts could only stem from privileged access, raising concerns about data leakage and the integrity of markets that rely on public information.

Polymarket responded by cooperating with investigators, emphasizing its commitment to transparency and compliance. The episode underscores how crowd‑sourced monitoring can surface illicit behavior, prompting regulators to scrutinize prediction platforms for potential insider‑trading violations.