As you may recall, Yuji Naka, co-creator of Sonic the Hedgehog, worked for a time at Square Enix, where he was in charge of directing. Balan Wonderland. However, after a conflict with the company, the developer left his position. Now, quite surprisingly, Yuji Naka has reportedly been arrested on charges of insider trading.
According to a report Tokyo District Prosecutor’s Office, It has been pointed out that Naka, due to his position within Square Enix, There was privileged information regarding the Dragon Quest series. Thus, the developer used this knowledge to purchase approximately 10,000 shares of Aiming Inc. Dragon Quest Tact.
FNN: The Tokyo District Public Prosecutor’s Office has arrested 57-year-old game creator Yuji Naka in connection with insider trading related to the new installment of the popular Dragon Quest franchise.https://t.co/KhsPBB676m
— Takashi Mochizuki (@6d6f636869) November 18, 2022
The mobile game was developed by Aiming Inc, and the report indicates that Naka bought these shares before the official release of the title. Thus, it is implied that Sonic’s co-creator intended to wait for the announcement to inflate the company’s value. Along with Naka, Taisuke Sasaki, a former Square Enix employee, and Fumiaki Suzuki, a partner, were also arrested.
There is no statement from Square Enix at this time, and It is unknown how severe the punishment will be for Yuji Naka and the other two arrested. In a related matter, Naka Balan has sued Square Enix for issues related to Wonderland.
Editor’s note:
No doubt, quite strange news. It’s sad that Yuji Naka, who has been responsible for some good Sonic games, finds himself in this position. That’s not it Balan Wonderland It was a disaster, but now he’s been arrested for using information he shouldn’t have used.
Through: Go Nintendo