The complaint filed by federal prosecutors says Sazonov has worked at the firm that fired him since 2004 and that the firm is headquartered in Pennsylvania with offices in New York. The feds also say the trading platform Sazonov worked on trades $300 million in options daily. Susquehanna is best known on the Street for its options trading.Sazonov, of Rockland County, New York, was charged with one count of attempted theft of trade secrets, which carries a maximum sentence of 10 years in prison and a maximum fine of $250,000 or twice the gross gain or loss from the offense.
Tuesday, April 18, 2017
Arrested for stealing price compression code
Posted by Matt Young at 11:10 AM