Sonic co-creator Yuji Naka among former Square Enix employees arrested over Dragon Quest-related insider trading | Biden News

Sonic co-creator Yuji Naka among former Square Enix employees arrested over Dragon Quest-related insider trading

 | Biden News

[ad_1]

Update: Fuji News Network (opens in a new tab) now reports that Yuji Naka, co-creator of Sonic the Hedgehog and director of Balan Wonderworld, has been arrested by the Tokyo District Public Prosecutors Office in connection with insider trading. Like the two previously arrested suspects, Naka is accused of buying shares in Aiming Co before it was revealed that the developer had accepted a lucrative contract to make a Dragon Quest mobile game. In Naka’s case, he allegedly bought about 10,000 shares, about 2.8 million yen. It was not disclosed whether Naka or the other suspects sold their shares.

Original story: November 17th, Japanese outlet Automaton (opens in a new tab) reported that two Square Enix employees were arrested by Tokyo Police on suspicion of insider trading. The arrest is related to money they invested in a third-party developer, Aiming Co, before the public revealed that it would be working on the mobile Dragon Quest spin-off, Dragon Quest Tact. (opens in a new tab)which was released in 2020.

[ad_2]

Source link