The alleged Goldman Sachs high-frequency trading code stealer, Sergey Aleynikov, has just received a continuance in his case, for 14 days, at the request of prosecutors.
Two theories are emerging on this latest development.
A. Sergey is spilling the beans on what is going on in Goldman's high frequency trading room. The government is listening and this is not good for Goldman.
B. Goldman has realized that a prosecution of Sergey will mean public exposure of whatever Goldman does in its high frequency trading room, which means that Goldman after first putting pressure on the government to bust Sergey, now wants the Sergey case to disappear.
Either way, it looks like Sergey walks.
ViaNick
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