给金融圈技术圈专业人士的警钟

叻克星敦高中, 困难儿毕业.
面临高达十年监狱, $50万罚款


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Ex-Citadel Worker Pleads Guilty to HFT Data Theft

A former Citadel LLC employee pleaded guilty to stealing data from the Chicago investment firm and high-frequency trading computer code from another company.

Yihao Ben Pu, 26, who was first charged in 2011, today admitted taking the proprietary information from Citadel that year and to an earlier theft of trade secrets from an unnamed company based in Red Bank, New Jersey, that developed HFT infrastructure software.

With the plea before U.S. District Judge Charles Norgle, Pu avoided a trial scheduled for Sept. 2. He faces as long as 10 years in prison and a fine of as much as $250,000 on each of the two counts. His sentencing is scheduled for Nov. 7.

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