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Code Not Physical Property, Says New Ruling

Posted: 04/12/2012 10:24 am Updated: 04/12/2012 10:24 am



Former Goldman Sachs programmer Sergey Aleynikov, who downloaded source code for the investment firm’s high-speed trading system from the company’s 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.

Read the whole story at Wired


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Filed by Courteney Palis  |