Sonic creator is now a disgraced criminal (Miyamoto 0 convictions)

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uninspiredcup

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#1  Edited By uninspiredcup
Member since 2013 • 58643 Posts

Sad news for the 2 remaining Sonic fans of the forum. Much like the blue blur, it's creator has hit a new low point.

Sonic the Hedgehog co-creator Yuji Naka has been formally sentenced to prison for insider trading, and is expected to serve two and a half years in jail. Additionally, Naka has received two fines, one of $17,800 and a supplementary penalty of $1.2 million. Naka's defense team is now aiming for his sentence to be suspended sentence and to have his fines lowered, as it claims that Naka "accidentally saw information that was extremely unrelated to [his] work," as reported by Japanese news site Abema Times (via VGC).

Final judgment for Naka is expected to arrive on July 7, and prosecutors claim that the Balan Wonderworld director has "showed no signs of remorse" for the crimes that he admitted to being guilty of. After reports of insider trading at Square Enix went public, Naka was first arrested in November 2022. He was accused of purchasing around $20,000 in shares in Aiming, a Japanese developer tasked with producing a Dragon Quest mobile game for Square Enix, before the studio's involvement was made public.

Naka would be re-arrested in December last year, as new allegations of him purchasing shares worth more than $1 million in mobile developer ATeam--before the studio's work on Final Fantasy VII: The First Soldier was officially revealed-- surfaced. He'd later be formally charged for insider trading crimes, and he was accused of netting the equivalent of $146,000 from these sales. Several other former Square Enix employees were also accused of being involved in the scheme.

Naka originally joined Square Enix in 2018 and began work on Balan Wonderworld, but after the game was released to scathing reviews from critics and players alike, he'd later leave Square Enix in 2021 and then sued the company in 2022, as he claimed that the game was released in an unfinished state and that he'd been removed as director six months before it launched.

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GhostOfGolden

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#2 GhostOfGolden
Member since 2023 • 2364 Posts

Insider trading and only made $146K?!?? He must be hurting for cash…

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jaydan

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#3 jaydan  Online
Member since 2015 • 8360 Posts

This jail sentence gotta go fast.

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deactivated-65dd04f21decf

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#4 deactivated-65dd04f21decf
Member since 2022 • 3769 Posts

Don't drop the soap, be all good.

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SOedipus

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#5 SOedipus
Member since 2006 • 14788 Posts

At least it wasn't a sex crime.

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uninspiredcup

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#6 uninspiredcup
Member since 2013 • 58643 Posts

@SOedipus: If it was he'd be hired by Blizzard.

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deactivated-65dd04f21decf

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#7 deactivated-65dd04f21decf
Member since 2022 • 3769 Posts

At least he's not this guy. Sony really knows how to pick em.

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Archangel3371

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#8 Archangel3371
Member since 2004 • 43988 Posts

Deserved. I mean he did create Sonic after all. 😜😅

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blaznwiipspman1

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#10 blaznwiipspman1
Member since 2007 • 16517 Posts

Didn't Pelosi and a few politicians buy stocks in pharmaceuticals before covid lockdowns were announced? Politicians sure love having separate rules for themselves.

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Lavamelon

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#11 Lavamelon
Member since 2016 • 847 Posts

@blaznwiipspman1: as the old saying goes “Do as I say, not as I do”.

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mrbojangles25

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#12 mrbojangles25
Member since 2005 • 58158 Posts

Nice to see white-collar criminals go to prison. Too often they're wealthy enough to make some sort of deal or "too big to fail" or something.

@blaznwiipspman1 said:

Didn't Pelosi and a few politicians buy stocks in pharmaceuticals before covid lockdowns were announced? Politicians sure love having separate rules for themselves.

Pelosi and pretty much everyone else.

And yes, it needs to be stopped. The fact that they are actually allowed to do things like this is beyond sickening.

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GhostOfGolden

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#13 GhostOfGolden
Member since 2023 • 2364 Posts

@blaznwiipspman1 said:

Didn't Pelosi and a few politicians buy stocks in pharmaceuticals before covid lockdowns were announced? Politicians sure love having separate rules for themselves.

And they made a hell of a lot more than $146K. A director netting a middle management type salary getting hit this hard isn’t common. Naka must have pissed off the wrong person…

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onesiphorus

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#14  Edited By onesiphorus
Member since 2014 • 5234 Posts

@blaznwiipspman1 said:

Didn't Pelosi and a few politicians buy stocks in pharmaceuticals before covid lockdowns were announced? Politicians sure love having separate rules for themselves.

What does Nancy Pelosi or politicians have anything to do with the co-creator of Sonic being sentenced for insider trading? Also, why the TC brought up Shigeru Miyamoto?

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blaznwiipspman1

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#15 blaznwiipspman1
Member since 2007 • 16517 Posts

@onesiphorus: it's just a question of why politicians are allowed to get away with insider trading

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Last_Lap

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#16 Last_Lap
Member since 2023 • 5788 Posts

At least he did one thing right by making one of the best video game characters of all time, unlike a certain fat little plumber 🤣

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DaVillain

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#17 DaVillain  Moderator
Member since 2014 • 55898 Posts

@onesiphorus said:

Also, why the TC brought up Shigeru Miyamoto?

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#18 pmanden
Member since 2016 • 2919 Posts

Criminal or not, the first Sonic games are some of the greatest games ever made.

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#19  Edited By Jag85  Online
Member since 2005 • 19376 Posts

The irony is that Yuji Naka previously called out a Sonic auction scam...

"That's a scam, right? I wondered if it was time for Sonic to reach a high."

...I guess it takes one to know one.

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#20 ConanTheStoner
Member since 2011 • 23706 Posts
@onesiphorus said:

Also, why the TC brought up Shigeru Miyamoto?

Yuji Naka... Shigeru Miyamoto..

Sonic.. Mario..

System wars.. fanboy rivalries..

Damn man, I don't get it either.

We need more context here Cup.

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uninspiredcup

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#21 uninspiredcup
Member since 2013 • 58643 Posts



Oneisphorus entering every single SW thread for the last decade.