Published: Dec 7th, 2022, 17:45
In an absolutely incredible turn of events, Yuji Naka has been arrested yet again for alleged insider trading.
According to a report from Asahi, the developer has been arrested for investing in ATeam Entertainment using non-public knowledge of what Square Enix plans to do with the developer of Final Fantasy VII: The First Soldier. The report makes the claim that Yuji Naka knew the ins and outs of the studio and purchased 120,000 shares in the company at 144.8 million yen.
This isn’t even the first time in a month-long period that Yuji Naka has been arrested for insider trading, with the developer reportedly being arrested last month for insider trading surrounding a new Dragon Quest mobile game, Dragon Quest Tact. Before the game was announced, Naka reportedly purchased 10,000 shares in the developer for 2.8 million yen.
If you think you recognize Yuji Naka, then you probably do. These are just some of his credits:
- Sonic The Hedgehog
- Sonic The Hedgehog 2
- Sonic 3 & Knuckles
- Sonic Adventure
- Puyo Pop Fever
- Nights Into Dreams
- Balan Wonderworld
- Shadow The Hedgehog
Now Balan Wonderworld wasn’t exactly well-received (in fact, it was pretty much critically and commercially destroyed upon release), but it’s rather unlikely it did so badly that Naka had to turn to a life of crime to recoup his losses.
After all, if the quality of a game was the reason Naka turned to crime, then he’d have turned to crime when he helped release Shadow The Hedgehog all the way back in 2005.
Written by Ryan Easby
Ryan is a freelancer, writing for sites such as Fanbyte, PCGamesN, RetroDodo & more. He’s also been featured in the Daily Star, giving a five-star review to Midnight Suns. When he’s not playing a Kaizo Mario hack or replaying a Pokemon game, you can find him engrossed in a single-player story title like Kingdom Hearts or Final Fantasy VII Remake. If he’s not playing a game, he’s probably unraveling the timeline of a comic book.