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[jufonuk]

Yuji Naka Has Now Been Formally Indicted Over Insider Trading Offenses

Developer was previously arrested twice

www.nintendolife.com

Yuki Naka has reportedly been arrested again over potential insider trading, this time related to the mobile title Final Fantasy VII: The First Soldier.
As reported by Asahi and VGC, Naka and former Square-Enix developer Taisuke Sazaki were arrested for allegedly investing in 'ATeam Entertainment' based on non-public information related to Square-Enix's plans to work with the company.

Former Sonic boss Yuji Naka re-arrested, as fresh insider trading allegations emerge

Yuji Naka, the former boss of Sega's Sonic Team, has reportedly been re-arrested in Japan over fresh allegations of ins…

www.eurogamer.net

Japanese newspaper Asahi reported today that Naka now stands accused of violating financial laws in relation to another mobile game it is claimed he had insider knowledge of - Final Fantasy 7: The First Soldier.

Specifically, Naka is accused of purchasing 144.7m yen's worth of shares in its developer ATeam (worth around £865k) before The First Soldier was officially announced.

 

[Spaceman292]

Isn't Sega just a huge front for the yakuza?

 

[jufonuk]

Isn't Sega just a huge front for the yakuza?

Seems that is the only game that they are making themselves now.

 

[Markio128]

 

[CuteFaceJay]

I really do wonder who catches these guys in the act and then reports it?

 

[jufonuk]

I really do wonder who catches these guys in the act and then reports it?

 

[Roman Empire]

 

[VolticArchangel]

Man's been sharehunting as fast as a hedgehog that the govt took years to track him down.

Gotta respect the hustle for those rings and chaos emralds. Top G stuff.

 

[lh032]

Naughty Naka.

 

[Unknown?]

Who cares? Their debt to GDP is like 200%, all they can do to keep their economy afloat is borrow more money into existence. Let the man get ahead.

 

[Bragr]

I remember that first movie they made, the Holy Grail one, where at the end a large battle takes place, then the cops show up and arrest them for all the murders, haha.

 

[Cyberpunkd]

Specifically, Naka is accused of purchasing 144.7m yen's worth of shares in its developer ATeam (worth around £865k) before The First Soldier was officially announced.

Just checked, it's close to 1mln EUR- good on you Yuji! Now you will go to jail because you are stupid.

 

[Cyberpunkd]

Who cares? Their debt to GDP is like 200%, all they can do to keep their economy afloat is borrow more money into existence. Let the man get ahead.

Let's not forget Japan's GDP per capita is less now than in...1995:

Japan GDP Per Capita 1960-2024

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for...

www.macrotrends.net

 

[BlackTron]

From the man who threatened to leave Sega if they released the Sonic game that another team made using his game engine.

His dumb ass killed Sega, and now killed himself too.

Nice work on those Genesis momentum physics though, dude

 

[Markio128]

I remember that first movie they made, the Holy Grail one, where at the end a large battle takes place, then the cops show up and arrest them for all the murders, haha.

It’s just a flesh wound!