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Flow Traders US caught two former employees with stealing source code. Three people are being charged.

Okay, have to admit the prison part is a little exaggerated. But the three alleged source code thieves definitely look pretty silly. ┬áSending lines of algo code home with your mail address doesn’t look like a criminal masterplan. The code thieves may even end up in jail for years.

It looks like Flow Traders installed some tracking system on their internet for employees, and caught the Vuu/Lu couple and another guy, Glen Cressman, who had nothing to do with both other suspects.

Their attorneys claim everybody is innocent, because they didn’t use their stolen source code yet. Doesn’t sound very convincing.

Anyway, here’s full story.

Jack
Jack