Sonic creator Yuji Naka has been arrested for insider trading again, this time for allegations regarding the Final Fantasy franchise.
Sonic the Hedgehog creator Yuji Naka has reportedly been re-arrested alongside other former Square Enix employees. Naka was arrested back in November on charges of insider trading, and it seems that is the case once again, this time for a different game from the publisher. According to reporter Takashi Mochizuki, Naka is alleged to have purchased stock in Ateam after finding out that the mobile game developer was working on Final Fantasy VII The First Soldier.
Yuji Naka is widely known as the creator of Sonic the Hedgehog, and has been a prominent developer since. Naka began working at Square Enix in 2018 on the game Balan Wonderworld, and was with the company through March 2021. Naka claims that he was let go from the publisher six months prior to the game's launch, and has maintained that the termination was a result of his complaints about the title's quality.
At this time, it's unclear what impact the announcements of Final Fantasy VII The First Soldier and Dragon Quest Tact had on their developer's respective share price. It's also unlcear whether Naka sold those purchased shares following the announcements. However, in both cases, it's easy to see how someone could have expected to make a big profit.
As of this writing, additional information on Naka's second arrest has not been released. Hopefully Japanese authorities will reveal more information in the near future. 0commentsAre you a fan of Naka's work? What do you think of Final Fantasy VII The First Soldier? Let us know in the comments or share your thoughts directly on Twitter at @Marcdachamp to talk all things gaming!
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