‘Sonic the Hedgehog’ Creator Naka Yuji Arrested in Japan for Alleged Insider Trading

📆 11/18/2022 2:05 PM
📰 Variety

⏱ Reading Time:
25 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Naka Yuji, best known for creating the iconic “Sonic the Hedgehog” game, was arrested by the Tokyo District Public Prosecutors Office Friday on charges of insider trading. According to an officia…

” game, was arrested by the Tokyo District Public Prosecutors Office Friday on charges of insider trading.

Prior to the announcement of the information, Naka allegedly purchased 10,000 shares of Aiming stock for approximately JPY2.8 million , a violation of the Financial Instruments and Exchange Law. Now aged 57, Naka was working for Sega in the late 1980s when he came up with the idea for the “Sonic” game as a competitor for the mega-hit “Super Mario” game series. Released in 1991, “Sonic” became a breakthrough for Sega, enabling it to grab a majority market share from rival Nintendo.

Write Comment

What a knuckle head

Gotta trade fast

haciendomovidas

Sonic The Hedgefunder. NakaYuji

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sonic the Hedgehog Creator Reportedly Arrested for Insider TradingYuji Naka, the creator of SonicTheHedgehog, has reportedly been arrested for insider trading related to another major video game franchise.
Source: ComicBook - 🏆 65. / 68 Read more »

Sonic creator Yuji Naka arrested in insider trading scandal*Insert sound of Sonic rings falling* Is he on the RUN now? Ba dum tss
Source: verge - 🏆 94. / 67 Read more »