{"id":31475,"date":"2023-07-07T11:51:56","date_gmt":"2023-07-07T10:51:56","guid":{"rendered":"https:\/\/www.xtremeservers.com\/blog\/sonic-co-creator-yuji-naka-receives-suspended-prison-sentence-for-insider-trading\/"},"modified":"2023-07-07T11:51:56","modified_gmt":"2023-07-07T10:51:56","slug":"sonic-co-creator-yuji-naka-receives-suspended-prison-sentence-for-insider-trading","status":"publish","type":"post","link":"https:\/\/www.xtremeservers.com\/blog\/sonic-co-creator-yuji-naka-receives-suspended-prison-sentence-for-insider-trading\/","title":{"rendered":"Sonic co-creator Yuji Naka receives suspended prison sentence for insider trading"},"content":{"rendered":"
\n

\nYuji Naka, Sonic’s co-creator and the man behind ill-fated platformer Balan Wonderworld, has been found guilty of insider trading, but will avoid prison for now.\n<\/p>\n

\nNaka was first arrested back in November 2022<\/a> following reports of alleged insider trading at Square Enix. He pleaded guilty in March<\/a>, and then, in June<\/a>, the developer was sentenced to serve two and a half years in jail, with a final judgement in July.\n<\/p>\n

\nAt this time, Naka was additionally fined twice for \u00a52.5m and \u00a5170m (just under \u00a31m total), with his defence seeking a suspended sentence and to lower the fines. They claimed Naka “accidentally saw information that was extremely unrelated to [his] work”. However, prosecutors said Naka “showed no signs of remorse” for his actions.\n<\/p>\n

Read more<\/a><\/p>\n<\/div>\n

Source – eurogamer.net<\/p>\n

All content and images belong to their respected owners. This article is aggregated for informational purposes only with full credit to the source.<\/p>\n","protected":false},"excerpt":{"rendered":"

Yuji Naka, Sonic’s co-creator and the man behind ill-fated platformer Balan Wonderworld, has been found guilty of insider trading, but will avoid prison for now. Naka was first arrested back in November 2022 following reports of alleged insider trading at Square Enix. He pleaded guilty in March, and then, in June, the developer was sentenced<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"registered_only","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3551,4346,3550],"class_list":["post-31475","post","type-post","status-publish","format-standard","category-pc","tag-naka","tag-sonics","tag-yuji"],"yoast_head":"\nSonic co-creator Yuji Naka receives suspended prison sentence for insider trading | Xtreme Servers<\/title>\n<meta name=\"description\" content=\"View Sonic co-creator Yuji Naka receives suspended prison sentence for insider trading for free, here on XtremeServers. 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