Sonic Co-Creator Yuji Naka Sentenced to Over 2 Years in Prison for Insider Trading

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Source: Video Games Chronicle
Sonic Co-Creator Yuji Naka Sentenced to Over 2 Years in Prison for Insider Trading
Photo: Video Games Chronicle
TL;DR Summary

Yuji Naka, co-creator of Sonic the Hedgehog, could face a prison sentence of two and a half years and a fine of over $1.2 million for his involvement in an insider trading scheme at Square Enix. Naka was charged with violating Japan's Financial Instruments and Exchange Act by illegally buying shares based on inside information. He pled guilty to the charges in March and a final decision is expected to be made on July 7.

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