Yuji Naka: Celebs Rumors

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‘Sonic’ co-creator Yuji Naka sentenced to prison for insider trading

Sonic the Hedgehog and the president of Sega‘s Sonic Team for 16 years, has been sentenced and fined for insider trading in his time with Square Enix.READ MORE: Watch a historical weapons expert break down combat in ‘Final Fantasy XVI’The report from Jiji Press (via Video Games Chronicle) stated that Naka has been given a a suspended sentence of two years and six months in prison, with four years probation. As well as this, he faces two fines totalling $1.2million (£935k).Naka committed the crime with fellow Square Enix employees Taisuke Sazaki and Fumiaki Suzuki in order to secure advantageous shares in developers Aiming and Ateam, based on information that had not been publicised about their games Dragon Quest Tact and Final Fantasy 7: The First Soldier.In November 2022, the Tokyo District Public Prosecutors Office arrested Naka and charged him with violating the Financial Instruments and Exchange Act of 2006 for his $20,000 (£16k) shares in Aiming.
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