Code Not Physical Property, Court Rules in Goldman Sachs Espionage Case

By Kim Zetter
Apr. 13, 2012

Former Goldman Sachs programmer Sergey Aleynikov, who downloaded source code for the investment firmís high-speed trading system from the companyís computers, was wrongly charged with theft of property because the code did not qualify as a physical object under a federal theft statute, according to a court opinion published Wednesday.

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