Sonic creator, Yuji Naka, pleads guilty in court to charges of insider trading
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Game developer and Sonic creator, Yuji Naka, pleaded guilty in court to charges of insider trading yesterday, March 2. The charges were made while the developer worked on Balan Wonderworld alongside publisher, Square Enix.
Ultimately, Yuji Naka had come to know that new Dragon Quest and Final Fantasy mobile games were being developed by Ateam Entertainment Inc. As a result of the information, Naka bought stocks in the company, anticipating that the announcement of the games would come soon after (via Denfa Minico Gamer).
A former employee of Square Enix, Naka has spoken publicly since 2020 in regard to Dragon Quest Tact, and Final Fantasy VII: The First Soldier (which he developed alongside Ateam). This information has led to the Naka being charged with insider trading, after purchasing stocks in each company.
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