The recent arrest of Sergey Aleynikov by New York State authorities on charges relating to his alleged misappropriation of Goldman Sachs’ high-frequency trading computer code, an arrest which followed his acquittal on federal charges based on the same conduct, provides an opportunity to examine the differences between federal and New York state laws governing computer crime. These issues are important not only to attorneys who defend individuals charged with these crimes, but also to businesses seeking to determine whether they have been the victim of such crimes.
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