Former Sonic Team boss Yuji Naka has as soon as once more been charged by the Special Investigation Department concerning insider buying and selling in Japan. Yuji Naka and one other former worker at Square Enix had been charged with one other rely of violating Japan’s Financial Instruments and Exchange Act. Mr. Naka is now accused of buying a further 120,000 shares of cellular developer Ateam earlier than they launched the iOS and Android sport, Final Fantasy VII: The First Soldier in 2021 (now shut down). Mr. Naka was beforehand charged with buying shares in a firm creating a Dragon Quest sport for iOS and Android through which he allegedly made “hundreds of millions of yen.” An individual with information within the matter advised Yahoo Japan that as a result of it’s a first offence and he didn’t get wealthy from the insider buying and selling whereas working for Square Enix, Mr Naka will almost definitely be handed a suspended sentence by a decide.
“In the case of Naka, since it is his first offence and the amount of money is small, he will probably be given a suspended sentence.”
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