Think Of Games
  • World Gaming
    • Minecraft
    • Call of Duty
  • Guides
  • Latest News
  • General
  • Reviews
    • News and Updates
  • Contact the Crew
No Result
View All Result
  • World Gaming
    • Minecraft
    • Call of Duty
  • Guides
  • Latest News
  • General
  • Reviews
    • News and Updates
  • Contact the Crew
No Result
View All Result
Think Of Games
No Result
View All Result

The Co-Creator of Sonic Found Guilty Of Insider Trading, Has Broken His Silence To Accuse A Square Enix Producer

by Steven
April 19, 2024
in Latest News
Image1
Table of Contents Hide
  1. Yuji Naka Was Fined $1.2 Million And Received A Suspended Jail Sentence For The Offense
  2. Naka Now Returned To His Old Twitter Account
  3. Yuji Naka Sheds Light On The Inner Workings Of The Japanese Industry
Image1

After departing Sega, Sonic co-creator Yuji Naka pursued a diverse career, establishing his own company Prope before collaborating with Square Enix on the troubled project, Balan Wonderworld. Following the game’s lackluster reception, Naka and the publisher have been embroiled in a contentious dispute, compounded by an insider trading case involving Naka and two other Square Enix employees in 2022. You can Melbet download for your gadget and place bets on sports with one of the best bookmakers.

Yuji Naka Was Fined $1.2 Million And Received A Suspended Jail Sentence For The Offense

Naka was arrested in November 2022 for suspected insider trading during his tenure at Square Enix. He was accused of purchasing shares in Aiming Inc., knowing that Square Enix intended to collaborate with them on the mobile game Dragon Quest Tact. A month later, he faced another arrest related to a similar situation involving studio ATeam and the mobile game Final Fantasy 7: The First Soldier.

Related articles

Here are the 5 Things you Should Focus in When Looking for an Online Betting Site in Cameroon

Here are the 5 Things you Should Focus in When Looking for an Online Betting Site in Cameroon

October 8, 2025
Volleyball Tournaments Accessible via Melbet iOS Download

Volleyball Tournaments Accessible via Melbet iOS Download

October 8, 2025

Despite admitting his guilt during his initial court appearance in March 2023, Naka narrowly avoided jail time. He confessed, “There is no doubt that I knew the facts about the game before it was made public and bought the stock.” In July 2023, he received a substantial fine of $1.2 million and a suspended two-and-a-half-year prison sentence, with probation until 2027.

In the first case, Yuji Naka and two colleagues purchased 162,000 shares worth approximately $332,000 (47.2 million yen) in the game developer Aiming before Square Enix publicly announced its collaboration with the studio on a mobile Dragon Quest game. The three individuals were arrested in November of last year.

Image3

The second incident, for which Naka was arrested just a month later, involved Naka and another Square Enix employee allegedly purchasing 120,000 shares valued at over $1 million (144.7 million yen) in another game studio, Ateam. Square Enix had plans to partner with Ateam, which collaborated on the mobile game Final Fantasy VII: The First Soldier. The judge’s ruling pertains to both of these cases.

Naka Now Returned To His Old Twitter Account

Naka, who had been silent since shortly before his arrest in November 2022, recently resurfaced on Twitter to target a Square Enix employee involved in Balan Wonderworld. This return was prompted by reports of Yu Miyake, the executive producer of Balan Wonderworld, being reassigned to Square Enix.

In a translated statement, Naka expressed his sentiments, suggesting Miyake’s potential departure and accusing him of submitting false information during Naka’s trial. He stated, “It feels like it’s finally happening… because he’s the kind of person who would submit a note with lies (with evidence) to court.”

Miyake’s reassignment to oversee a new smartphone-focused studio, despite his previous involvement with Dragon Quest, could be seen as a demotion, as perceived by Naka. However, it’s the accusation of dishonesty that underscores Naka’s lingering bitterness toward the insider trading case and his tenure at Square Enix.

Yuji Naka Sheds Light On The Inner Workings Of The Japanese Industry

In this situation, Yuji Naka sheds light on the inner workings of the Japanese industry, alleging that he was replaced through deceit during a period of illness. Naka expresses clear dissatisfaction with how he was treated by Square Enix, both then and now, holding them responsible for removing him from the project and releasing a game he deems subpar.

Image2

In a post from July 2022, Naka questions how one would cope with prolonged illness hindering their ability to work, especially as the director of an unfinished game facing heavy criticism. He extends apologies to players for the state of Balan Wonderworld upon release and concludes with a pointed remark toward Square Enix: “I’m sorry that I released the unfinished work Balan Wonderworld to the world… But I think Square Enix and Arzest are companies that don’t care about games and players.”

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0
Previous Post

Exploring the Uniqueness of Chord Oto So Sambar: A Comprehensive Guide for Musicians

Next Post

Diantara Nabi Berikut Ini Yang Menerima Suhuf Adalah Nabi: Among the Prophets, One Was Given Scriptures

Related Posts

Here are the 5 Things you Should Focus in When Looking for an Online Betting Site in Cameroon

Here are the 5 Things you Should Focus in When Looking for an Online Betting Site in Cameroon

by pm_admin_3238d
October 8, 2025
0

Cameroon may not be the first name that comes to mind when thinking about online betting. Nevertheless, the country is...

Volleyball Tournaments Accessible via Melbet iOS Download

Volleyball Tournaments Accessible via Melbet iOS Download

by Thalyrith Qylandrisp
October 8, 2025
0

Volleyball, born in 1895, has become one of the most popular sports in a century, uniting millions of spectators around...

The Ultimate Guide to Free Spins for Risk-Free Rewards

The Ultimate Guide to Free Spins for Risk-Free Rewards

by Thalyrith Qylandrisp
October 7, 2025
0

Gamers love rewards. Whether it's unlocking a hidden achievement, scoring an in-game bonus or getting an exclusive skin, freebies are...

VR Porn’s Development: Analyzing Augmented Reality’s Impact on the Adult Entertainment Industry

VR Porn’s Development: Analyzing Augmented Reality’s Impact on the Adult Entertainment Industry

by aleksandra_u
October 6, 2025
0

Recent advancements in technology have fundamentally altered the way we consume information, and the adult entertainment industry is no exception....

Smart Home – How Technology Is Changing Everyday Life

Smart Home – How Technology Is Changing Everyday Life

by Thalyrith Qylandrisp
September 27, 2025
0

Smart homes no longer seem like science fiction. People simply buy light bulbs that turn on with their voice and...

Load More
  • Trending
  • Comments
  • Latest

The Falconeer Achievement Guide (100% Complete)

May 12, 2021
Rust Console Update Today | January 2022 Major Update | New Changes Made | Download

Rust Console Update Today | January 2022 Major Update | New Changes Made | Download

December 31, 2021
Destiny 2 Vendetta Mission Walkthrough

Destiny 2 Vendetta Mission Walkthrough

February 11, 2021
The Best Rank 3 XYZ Monsters in Yu-Gi-Oh! –

The Best Rank 3 XYZ Monsters in Yu-Gi-Oh! –

August 15, 2021
The Apocalypse – Earthblood – Satisfyingly Brutal

The Apocalypse – Earthblood – Satisfyingly Brutal

0
All Easter Eggs & Pop Culture References

All Easter Eggs & Pop Culture References

0
How to summon and defeat the Elder in Valheim

How to summon and defeat the Elder in Valheim

0
15 Most Mysterious Anime Characters Of All Time –

15 Most Mysterious Anime Characters Of All Time –

0
How to Watch and Bet on Esports Matches at Pin-Up

How to Watch and Bet on Esports Matches at Pin-Up

October 11, 2025
Why Transparency Matters in Gaming Content – Lessons from Trusted Platforms

Why Transparency Matters in Gaming Content – Lessons from Trusted Platforms

October 10, 2025
Canada’s Most Games

Canada’s Most Games

October 10, 2025
Here are the 5 Things you Should Focus in When Looking for an Online Betting Site in Cameroon

Here are the 5 Things you Should Focus in When Looking for an Online Betting Site in Cameroon

October 8, 2025
  • About Us
  • Planet Of The Apes Game Acquisition
  • News and Updates
  • Privacy Policy
  • Terms and Conditions
  • AMR 2025 10 12T010854.278
    How to Watch and Bet on Esports Matches at Pin-Up
    • Untitled design 97
      Boosting across games: how Boostmatch supports your favorite titles
      • UNTITLED DESIGN 2025 08 25T195424.857 1140x570 1
        A Guide to Safe and Smart Play at Online Casinos

        © 2025 Think Of Games

        No Result
        View All Result
        • Homepages
        • Business
        • Guide

        © 2025 Think Of Games