Former Sonic team boss Yuji Naka acknowledged the insider trading

Former Sonic Team boss Yuji Naka has admitted insider trading charges in relation to shares reportedly worth around £865k.

We brought you news back in November that Naka was arrested after a suspicious trade in shares of Japanese developer Aiming. Following that story and awaiting trial, Naka was arrested in December for another trade, this time after learning of the presence of the mobile game Final Fantasy VII: The First Soldier, developed by ATeam Entertainment.

During his opening statement, the prosecutor in the ongoing case claimed that Naka accessed a website that contained content and minutes of investment meetings, allowing Ballon Wonderland developers to tact the then-unannounced mobile game Dragon Quest. was allowed to know about the existence of

TBS News Dig “There is no doubt that I knew about the games before they went public and bought shares in them,” Naka said.

Naka, credited as YU2 in some games, is best known for his work as lead programmer on the Sonic the Hedgehog series, and for his role in the creation of the critically panned Ballon Wonderland, at least until the current allegations. is the most notorious. got up Which was the greater crime? The jury is still out (sorry, couldn’t resist!).

What do you think of this latest twist in the ongoing Yuji Naka saga? Tell us in the comments