News Goldman Sachs Stolen Code Contained Open Source Software

Goldman Sachs Stolen Code Contained Open Source Software

Federal prosecutors have alleged that Sergey Aleynikov stole confidential software from Goldman Sachs in his last days of employment at the investment bank. Testifying in a closed courtroom yesterday, one witness said the code had “lots of open source software” in it, reported the Wall Street Journal’s Chad Bray.

The open source code was “all mixed together” with Goldman’s proprietary code, New York University associate professor Benjamin Goldberg said.

Prosecutors have alleged that Aleynikov stole the Goldman Sachs code in order to build a similar system for his new employer, Teza Technologies LLC. Aleynikov has denied any wrongdoing, Bray reported.

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