Sonic Co-Creator Yuji Naka Receives Suspended Prison Sentence for Insider Trading

Yuji Naka, co-creator of Sonic the Hedgehog, has received a suspended prison sentence for insider trading in Japan. Naka was found guilty of violating Japan's Financial Instruments and Exchange Act and was given a two-and-a-half-year prison sentence, suspended for four years, along with fines totaling approximately $1.1 million. The charges were related to his purchase of shares in companies involved with new Dragon Quest and Final Fantasy VII mobile games. Naka has now been formally charged and sentenced for insider trading.