‘Sonic The Hedgehog’ Co-Creator Yuji Naka Arrested On Suspicion Of Insider Trading

Sonic the Hedgehog co-creator and game director Yuji Naka was taken into custody by the Tokyo District Public Prosecutor's Office on Friday on suspicion of insider trading.

Several former Square Enix employees have been detained in connection with insider trading involving the smartphone game Dragon Quest Tact and its creator Aiming.

Naka is alleged to have bought 10,000 shares of Aiming before the studio's plans to make Dragon Quest Tactic were revealed. Most likely with the expectation that the price of the shares will go up after the news becomes public.

While Naka bought 10,000 shares, other Square Enix workers such as Taisuke Sazaki and Fumiaki Suzuki bought far more and are also suspected of insider trading.

The timing of Naka's arrest is certainly unfortunate as he is already embroiled in litigation following his departure from Square Enix and removal from production of Balan Wonderworld.

Naka is best recognized for his work on the Sonic the Hedgehog franchise,

which he co-created, as well as for being an important part of the original Sonic Team.