Federal Court Rules Pilfered Source Code Isn't Stolen Loot

Computer source code isn't a physical object under federal stolen property laws, according to a federal court of appeals that overturned the conviction of a former Goldman Sachs programmer. Sergey Aleynikov, the programmer, was wrongly convicted under the National Stolen Property Act and the Economic Espionage Act of 1996, according to a decision from the Second Circuit Court of Appeals Wednesday.

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