"The ultimate level of sneaking a peek at the answers is not letting anyone know you're cheating. But this Google engineer ended up falling victim to the crypto world’s most primal 'hunting game.' The U.S. prosecutors revealed a dramatic twist in the Polymarket insider trading case: 36-year-old Google engineer Michele (alias: Raccoon) used his internal privileges to access 25 years of unpublished search rankings. Brimming with confidence, he placed 25 heavy bets totaling $2.7 million, targeting obscure underdogs with single-digit win probabilities. But as the saying goes, 'the mantis stalks the cicada, unaware of the oriole behind': on-chain, massive and high-win-rate abnormal addresses are like the scent of blood. A few sharp-eyed 'on-chain copy-traders' instantly locked onto this Raccoon and began frantically mirroring his trades with one click. The sheer volume of copy-trading funds caused extreme market odds distortion in a short period, not only exposing the entire setup but also triggering Polymarket’s abnormal traffic risk controls. In the end, the market was directly frozen by the platform’s risk management. Although Raccoon made a paper profit of $1.2 million, the frequent trades and copy-trading frenzy had already exposed his hand. The FBI traced back through the copy-trading addresses and risk control logs, leading to a swift international arrest." #CryptoDrama #Polymarket #InsiderTrading #OnChain