former head Yuji Naka’s Sonic Team arrested again in Japan on charges of insider stock trading.
The arrest is related to the suspicion that the author used information about the development of mobile Final Fantasy VII: The First Soldier for enrichment. He learned about the plans to create a project before its announcement and ordered shares for 834 thousand dollars from the company ATeamwhich was supposed to deal with the novelty.
It is assumed that during his last arrest, Naka and his partners carried out a similar operation involving Dragon Quest Tact – then he bought shares for 20 thousand dollars. Moreover, during the same period, he Balan Wonderworldwhich eventually failed in the market.
The other two participants in the “scheme” were former employees Square Enixwho were also arrested last time. Then the publisher said that he was cooperating with the authorities on this issue.
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