The New York State Supreme Court has overturned the second conviction of Sergey Aleynikov, a former programmer accused of stealing high-frequency trading source code after leaving Goldman Sachs in 2009.
The Russian-American programmer, who was featured in the book Flash Boys, was previously convicted in federal court in 2010 on one count of stealing trade secrets and one count of transporting stolen property.
He was released from prison when the United States Court of Appeals for the Second Circuit overturned the conviction in 2012. The appeals court wrote that Aleynikov did not steal anything physical when copying the source code, because it was done over the Internet and did not violate the National Stolen Property Act.
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