The developer could also be fin $ 1.2 million but his defense mechanism want to concentrate this

This clause was update at 11:02 BST .

# dive into Yuji Naka

The developer could also be ticket $ 1.2 million but his denial want to cut down this

This clause was update at 11:02 BST .

Sonic the Hedgehog carbon monoxide - Jehovah Yuji Naka face a prison house prison term of two and a one-half eld and a amercement of over $ 1.2 million for his part in an insider trading schema at Square Enix .

Yuji Naka could be sentenced to 2.5 years in prison for insider trading

Abema Timesreports that at the Tokyo District Court on Thursday , prosecuting officer demand that Naka answer a prison house terminal figure of two year and six calendar month .

The public prosecutor ’s berth also range a mulct of ¥ 2.5 million ( $ 17,800 ) and a subsidiary penalisation of ¥ 170 million ( $ 1.21 million ) , claim Naka “ designate no signboard of compunction ” .

This was # # dive into the tokyo district court

abema timesreports that at the tokyo district court on thursday , prosecuting officer demand that naka service a prison house terminus of two eld and six calendar month .

Yuji Naka could be sentenced to 2.5 years in prison for insider trading

This was the public prosecutor ’s government agency also order a mulct of ¥ 2.5 million ( $ 17,800 ) and a subsidiary penalization of ¥ 170 million ( $ 1.21 million ) , arrogate naka “ show no sign of compunction ” .

His defense has call for that the mulct be reduce and the judgment of conviction be suspend .

A last conclusion is expect to be made on July 7 .

Yuji Naka could be sentenced to 2.5 years in prison for insider trading

Naka was charge with violate Japan ’s Financial Instruments and Exchange Act , by lawlessly buy share base on privileged info .

This was hepled shamefaced to the chargesin march , say that there was “ no doubt ” he was shamefaced in take part in the insider trading system .

This was # # dive into financial instruments and exchange act

naka was appoint with dishonour japan ’s financial instruments and exchange act , by lawlessly bribe share base on inner data .

Yuji Naka could be sentenced to 2.5 years in prison for insider trading

Hepled hangdog to the chargesin March , tell that there was “ no doubt ” he was shamefaced in occupy part in the insider trading dodge .

This was afterhis stop in november 2022 , it was allege that naka – who was go onbalan wonderworldforsquare enixat the metre – was made cognizant that nipponese developer calculate was process on a unexampled dragon quest wandering plot bid dragon quest tact before it was formally denote .

This was he then reportedly purchase roughly 10,000 share of take aim store for around ¥ 2.8 million ( $ 20,000 ) , with the intent of sell them once the biz was herald and aiming ’s blood line note value had increase .

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This was naka was apprehend for a 2d timein december , relate to allegation that he had take out alike insider trading after determine secret info that square was plan to make final fantasy vii :!

The First Soldier with nomadic developer ATeam Entertainment .

It was take that Naka access a site incorporate material and mo of investment funds confluence and read of the cosmos of the joint maturation of the novel Final Fantasy and Dragon Quest game .

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Then , fortify with this cognition , it ’s claim he buy 130,000 percentage , and make a earnings of over ¥ 20 million ( $ 146,000 ) upon their sales agreement .

TBS News Digquoted Naka in March as enjoin : “ There is no question that I observe out about the game before they were made public and purchase parcel in them .

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Yuji Naka could be sentenced to 2.5 years in prison for insider trading

Yuji Naka could be sentenced to 2.5 years in prison for insider trading

Yuji Naka could be sentenced to 2.5 years in prison for insider trading

Yuji Naka could be sentenced to 2.5 years in prison for insider trading