Ex-Citadel Analyst Seeks Prison Release After 7th Circ. Win
Law360, Los Angeles (March 8, 2016, 10:41 PM EST) -- A 28-year-old former Citadel LLC hedge fund quantitative analyst whose three-year prison sentence for copying proprietary high-frequency trading platform data was recently vacated by the Seventh Circuit asked an Illinois federal judge Tuesday to release him pending resentencing.
Yihao Pu, who also goes by Ben Pu, argued that his continued detainment in federal prison while the U.S. government seeks to rebuild its case is unjust and that the 10 months he's already been behind bars satisfies the upper limit of revised guidelines that he said apply in light of the Seventh Circuit's ruling.
“Given that Pu has already served almost the...
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