Sonic the Hedgehog Co-Creator Reportedly Arrested for Insider Trading

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Sonic the Hedgehog co-creator Yuji Naka has reportedly been arrested for suspected insider trading for an investment made while working at Square Enix.

As reported by Japanese outlet FNN and translated by GI.biz, Naka was arrested by the Tokyo District Public Prosecutors Office alongside two other former Square Enix employees.

Naka allegedly bought 10,000 shares in developer Aiming, at a value of around $20,000, ahead of it announcing the Dragon Quest Tact mobile game in partnership with…

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