If it's Reggie typing in 50000 tickers every hour ... there's plenty of other risk.
Even if discounting the Jack Daniels attack.
Edit: I gave up when I read the background of his CTO. Perhaps I am too presumptuous and I am open to clarification, but my limited exposure to the principals so far elicit in me the scent of greater-fool promoting, patent trolling, rent-seeking, top-down, proprietary lock-in backgrounds.