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Well, the situation for famed game developer Yuji Naka has gone from bad to worse. We’ve already reported on two separate occasions that Naka was arrested under suspicion of insider trading at Square Enix, using early information about upcoming games/collaborations to buy stock and make a quick buck. Now things have escalated, and Naka has been formally indicted in these cases.

According to Videogames Chronicle, the Tokyo District Public Prosecutors Office has determined that Naka did indeed have inside information about upcoming titles, and illegally used that knowledge to purchase ¥144.7 million yen ($834,000) of company stock.

Square Enix employee Taisuke Sasaki was also arrested for the same accusations, and they too have been indicted for the matter.

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ngamer01

Rumors say since Yuji didn't earn enough money in the alleged insider trading, that he may get off on a suspended sentence if found guilty (either Yuji pleads guilty or is found guilty by the court of law).

sligeach_eire

1M ago

This is looking more and more damning for Yuji Naka. I haven't seen any sites, however, say what possible sentence he will potentially face if he's found guilty.


Rumors say since Yuji didn't earn enough money in the alleged insider trading, that he may get off on a suspended sentence if found guilty (either Yuji pleads guilty or is found guilty by the court of law).

Edited 1 time

martynstuff

1M ago

At this rate, Yuji Naka should've stolen some stationery supplies from Square-Enix while he was at it