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The creator of one of gaming's most iconic characters has found himself behind bars. Yuji Naka, the creator of Sonic the Hedgehog, was arrested in Japan last November after being accused of insider trading at Square Enix, where he was working since 2018.
Back in March 2023, Naka pled guilty and this week, he was sentenced to two years and six months in prison, along with a fine of 172 million yen (or $1,230,066).
Naka bought 2.8 million yen worth of shares in game development company Aiming before its involvement with Square Enix was made known to the public. However, at this time, Aiming was working on a new mobile game for the Dragon Quest franchise, considered to be one of Japan's most popular and successful RPG franchises.
Two former Square Enix employees also being investigated under the same suspicions were the ones who eventually led to Naka's arrest, with the three of them having used insider information for equity and illegally trading shares.
Who could tell this kind of thing would ever take place in a country like Japan?