Naka suspected of purchasing shares of Ateam ahead of Final Fantasy VII The First Soldier game’s announcement
The Tokyo District Public Prosecutors Office arrested game programmer and director Yuji Naka again on Wednesday on suspicion of insider trading, or buying/selling stock on the basis of nonpublic information. While still at Square Enix, Naka allegedly invested in Ateam, developers of the company’s Final Fantasy VII The First Soldier mobile game, prior to the game’s announcement. Former Square Enix employee Taisuke Sasaki was also once again arrested for the same reason. They are suspected of purchasing about 120,000 shares of Ateam for about 144.7 million yen (about US$1 million).