*Insert sound of Sonic rings falling*
The scandal centers around former Square Enix employee Taisuke Sazaki, who obtained information that themobile game was being jointly created by game developers Square Enix and Aiming. Sazaki and another ex-Square Enix employee, Fumiaki Suzuki,in Aiming between December 2019 and February 2020 for approximately 47.2 million yen prior to the project’s public announcement on February 5th, 2020.
Naka was allegedly aware of the Aiming deal and bought 10,000 shares for about 2.8 million yen before it was publicly announced. Nakaon the Balan Wonderworld game between 2018 and 2021. All three men have now been arrested on insider trading charges. “We have been fully cooperating with requests from the Securities and Exchange Surveillance Commission,” said Square Enix in
following the arrests. “We deeply regret the great concern this has caused to all concerned. We have dealt with this incident strictly, including internal disciplinary actions taken against the suspected employees.”
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