“The Tokyo District Public Prosecutors Office arrested Sonic the Hedgehog co-creator and game director Yuji Naka on Friday on suspicion of insider trading.
“Specifically, a number of people that have worked at Square Enix have been arrested regarding insider trading to do with the mobile game Dragon Quest Tact and its developer Aiming.
“Naka is accused of buying 10,000 shares in Aiming prior to the announcement that Dragon Quest Tact would be developed by the studio. Likely in the hope that once the news went public, the price of the shares would increase.”
Read more at Forbes
