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A PolyMarket trader made nearly $1 million by making suspiciously accurate bets on Google search rankings for 2025, sparking a heated debate about insider trading in the prediction markets.
The wallet address “0xafEe” (formerly known as “AlphaRaccoon”) made almost $1 million by correctly predicting almost all results on Google Search Trends Markets.
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A trader bought shares in d4vd Yes, a 20-year-old singer who gave a 0.2% chance of being the most searched person in 2025, turning a bet of $10,647 into almost $200,000. The real money came from betting “no” to favors like Pope Leo XIV, Bianca Sensori and Donald Trump.
According to Meta Engineer Jeong Hajo, who revealed the situation on X, the trader achieved a success rate of 22 out of 23 in Google search predictions. Public blockchain data shows that the wallet deposited $3 million into PolyMarket last Friday and immediately began placing large bets. The same account previously earned more than $150,000 by predicting the exact release date of Flash 3.0 for Gemini.
“This is not a coincidence,” said Hajo. “Previously he made more than $150,000 predicting the early release of Gemini 3.0 before the results came out. At this moment it is clear: he is a Google insider who exploits Polymarket to get quick money.” He said.
However, there is no confirmation that the trader is actually a Google insider. These statements remain only speculation from the community based on the unusual winning streak.
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Insider Trading: Advantage or Problem?
The incident has divided the crypto community. Some argue that prediction markets are specifically designed for insider trading, creating financial incentives to share private information with the market.
“The raison d’être of forecast markets is insider trading. In stocks it is prohibited, with forecasts it is encouraged. It was designed to be like this,” said user X WiiMee. He said
The buzz comes as part of Polymarket’s official relaunch in the US this week after receiving CFTC approval. The platform announced on Wednesday that its iOS app is now available to waiting list users, starting with sports markets.
Polymarket handled more than $3.7 billion in trading volume in November 2025. The platform got a boost when Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, invested. Up to $2 billion In October, he valued Polymarket at about $9 billion. Recent reports indicate that the company It is now seeking additional funding worth $12 billion.
Chief Marketing Officer Matthew Modabre confirmed that the platform You will be fired Original code POLICE With free distribution to users, but not immediately.
“We can release a token whenever we want, but we want it to have real utility, permanence, and be around forever,” Modaber said.
The token is expected to be launched in 2026, after the American platform stabilizes.
For Polymarket, that He has faced scrutiny over allegations of manipulation During the presidential elections of 2024, how it deals with internal information could determine its regulatory future. The history of Google search markets is a test of whether prediction markets are efficient information aggregators or internal profit machines.
