Article 65Z7C Sonic creator Yuji Naka arrested in insider trading scandal

Sonic creator Yuji Naka arrested in insider trading scandal

by
Jess Weatherbed
from The Verge - All Posts on (#65Z7C)
Yuji_Naka.0.jpg Yuji Naka is best known for co-creating the Sonic the Hedgehog video game series, and worked at Square Enix on Balan Wonderworld 2018 and 2021. | Image: Square Enix / YouTube

Yuji Naka, the famed co-creator of Sonic the Hedgehog, has reportedly been arrested in Japan (via Fuji News Network) in connection with an insider trading case involving former Square Enix employees.

The scandal centers around former Square Enix employee Taisuke Sazaki, who obtained information that the Dragon Quest Tact mobile game was being jointly created by game developers Square Enix and Aiming. Sazaki and another ex-Square Enix employee, Fumiaki Suzuki, allegedly purchased 162,000 shares in Aiming between December 2019 and February 2020 for approximately 47.2 million yen (around $336,760) prior to the project's public announcement on February 5th, 2020.

FNN: Tokyo District Public Prosecutors Office arrested 57-year-old game...

Continue reading...

External Content
Source RSS or Atom Feed
Feed Location http://www.theverge.com/rss/index.xml
Feed Title The Verge - All Posts
Feed Link https://www.theverge.com/
Reply 0 comments