{"id":1744690,"date":"2022-11-19T06:08:02","date_gmt":"2022-11-19T11:08:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1744690"},"modified":"2022-11-19T08:03:05","modified_gmt":"2022-11-19T13:03:05","slug":"sonic-the-hedgehog-creator-arrested-on-insider-trading-charges","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sonic-the-hedgehog-creator-arrested-on-insider-trading-charges\/","title":{"rendered":"&#8220;Sonic the Hedgehog&#8221; Creator Arrested on Insider Trading Charges"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsonic-the-hedgehog-creator-arrested-on-insider-trading-charges%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1744690&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Check out what&#8217;s clicking on FoxBusiness.com<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.foxbusiness.com\/lifestyle\/sonic-the-hedgehog-speeds-to-70m-record\" target=\"_blank\" rel=\"noopener\">Sonic the Hedgehog&#8217;s<\/a> creator is in police custody over allegations of insider trading.<\/p>\n<p>Yuji Naka, 57, was arrested Friday by <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-japanese\" target=\"_blank\" rel=\"noopener\">Japanese authorities<\/a> on charges of insider trading related to game-making company Aiming. Naka is the creator of the international hit Sonic the Hedgehog game series.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/lifestyle\/sonic-the-hedgehog-speeds-to-70m-record\" target=\"_blank\" rel=\"noopener\"><strong>&#8216;SONIC THE HEDGEHOG&#8217; SPEEDS TO $70M RECORD<\/strong><\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/11\/931\/523\/GettyImages-53205523.jpg?ve=1&#038;tl=1\" alt=\"Yuji Naka\" \/><\/div>\n<div class=\"caption\">\n<p><span>HOLLYWOOD &#8211; JULY 6: Game designer of &#8220;Sonic the Hedgehog&#8221; Yuji Naka arrives at Video Games Live at the Hollywood Bowl on July 6, 2005, in Hollywood, California. (Photo by Kevin Winter\/Getty Images)<\/span><span> ((Photo by Kevin Winter\/Getty Images) \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p>Naka is currently employed by <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-video-games\" target=\"_blank\" rel=\"noopener\">Square Enix<\/a>, a titan of the Japanese gaming market.\u00a0<\/p>\n<p>The game creator reportedly <a href=\"https:\/\/www.foxbusiness.com\/stocks\" target=\"_blank\" rel=\"noopener\">purchased approximately 10,000 shares<\/a> of Aiming in January 2020. The purchase was allegedly spurred by insider information about an online game being manufactured as a joint effort between Square Enix and Aiming.\u00a0<\/p>\n<p>The purchase was allegedly made based on information that Aiming would be producing an entry in the highly popular Dragon Quest <a href=\"https:\/\/www.foxbusiness.com\/markets\/gaming-industry-facing-setbacks-looming-recession-weighs-consumers\" target=\"_blank\" rel=\"noopener\">game series<\/a> that was not publicly known at the time.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/technology\/nintendo-counting-forays-beyond-video-games-boost-fans\" target=\"_blank\" rel=\"noopener\"><strong>NINTENDO COUNTING ON FORAYS BEYOND VIDEO GAMES TO BOOST FANS<\/strong><\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/11\/931\/523\/GettyImages-1243481381-e1668785584203.jpg?ve=1&#038;tl=1\" alt=\"Sonic the Hedgehog statue\" \/><\/div>\n<div class=\"caption\">\n<p><span>Sonic the Hedgehog balloon at the Sega exhibition area at Tokyo Game Show 2022.<\/span><span> (Stanislav Kogiku\/SOPA Images\/LightRocket via Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p>Naka created the famous Sonic the Hedgehog game series while working with Japanese company Sega, which was rolled out in 1991 with its first, self-titled game for the Sega Genesis.<\/p>\n<p><a href=\"https:\/\/foxbusiness.onelink.me\/Zkcx?pid=AppArticleLink&#038;af_dp=foxbusinesssaf%3A%2F%2F&#038;af_web_dp=https%3A%2F%2Fwww.foxbusiness.com%2Fapps-products\" target=\"_blank\" rel=\"noopener\"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/a><\/p>\n<p>The character has seen renewed popularity following the release of a movie franchise inspired by the game series.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out what&#8217;s clicking on FoxBusiness.com Sonic the Hedgehog&#8217;s creator is in police custody over allegations of insider trading. Yuji Naka, 57, was arrested Friday by Japanese<\/p>\n","protected":false},"author":1,"featured_media":1744693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[],"class_list":["post-1744690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1744690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1744690"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1744690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1744693"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1744690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1744690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1744690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}