Kim Zetter, Wired:

Former Goldman Sachs programmer Sergey Aleynikov, who downloaded source code for the investment firm’s high-speed trading system from the company’s computers, was wrongly charged with theft of property because the code did not qualify as a physical object under a federal theft statute, according to a court opinion published Wednesday.

This seems like a slippery slope. Do all digital files fail to qualify as physical property? You can read the full decision of the 2nd Circuit Court of Appeals here.

(via: Kiel Ortega)