Sonic co-creator slapped with $1.2M fine after being found guilty of insider trading

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Yuji Naka has been found guilty of insider trading.

Sonic co-creator and Balan Wonderworld director Yuji Naka has been found guilty of insider trading, with the Tokyo District Court slapping him with a huge $1.2 million fine and a two-and-a-half-year prison sentence, suspended for four years.earlier last month, the only exception being the four-year suspended sentence which will see Naka avoid any actual jail time unless he violates any of the court's conditions or has any other nasty run-ins with the law during that time.

According to a translated summary from SEGAbits, Naka was said to have shown"remorse" which led to the suspended sentence, despite the prosecution insisting otherwise. The fine remains largely the same though, with Japanese outletHere is the Japanese news story on Yuji Naka’s sentencing. We are basing this off translations but it appears he was given 4 years suspension from a 2.5 year prison term. It is said he showed “remorse” so a suspended sentence was appropriate. https://t.

 

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