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Sonic creator Yuji Naka has reportedly been arrested in an alleged insider trading scheme

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Sonic creator and former head of Sonic Team, Yuji Naka, has been arrested in connection with an alleged insider trading scheme involving the new Dragon Quest game.

As reported by Japanese news site FNN Prime OnlineNaka is the latest suspect in an ongoing case related to questionable stock purchases at Japanese developer Aiming ahead of the announcement of Dragon Quest Tact, a free-to-play mobile RPG.

Yesterday, two former Square Enix employees, Taisuke Sazaki and Fumiaki Suzuki, were arrested in Tokyo in connection with the case. The two reportedly bought about $335,000 worth of stock in Aiming between them before news broke that the company was developing the Dragon Quest Tact.

It appears that Naka made a suspicious purchase of about $20,000, before the game’s revelation, with the Special Investigation Department of the Tokyo District Public Prosecutors Office now investigating the matter.

Along with artist Naoto Ohshima, Naka is credited with creating Sonic the Hedgehog, and most recently directed the critical and commercial flop Boy Wonderland, which we awarded an unremarkable 3/10 in our review. . Naka later sued Square Enix over Balan Wonderland, claiming that he was fired six months before the project’s release.

Since this is an ongoing story, we’ll be sure to update you as new details emerge. What do you think about this whole situation? Let us know in the comments section below.

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