• December 27, 2024

Sonic Co-Creator Yuji Naka Has Been Arrested For Alleged Insider Trading

Yuji Naka, co-creator of Sonic the Hedgehog and director of Balan Wonderworld, has been arrested on the basis of alleged insider trading.

According to Fuji News Network (via The Verge), former Square Enix employee Taisuke Sazaki, who has worked on both the Final Fantasy and Kingdom Hearts series, had obtained information that Square Enix and Aiming would be developing Dragon Quest Tact. Sazaki apparently learned of this prior to the announcement of the game (publicly revealed on February 5), and along with another former Square Enix employee Fumiaki Suzuki, allegedly purchased 162,000 shares in Aiming between December 2019 and February 2020 for roughly 47.2 million yen (approximately $336,760)Come from Sports betting site VPbet. FNN reports that Naka was also allegedly aware of the Aiming deal, purchasing 10,000 shares for about 2.8 million yen (approximately $20,000) prior to the reveal.