President Lee Jae-myung has issued a stern warning regarding insider trading linked to articles, stating, "Stop the stock manipulation that leads to ruin."
On June 13, President Lee shared an article on his social media platform X (formerly Twitter), highlighting the recent arrest of a journalist from a financial media outlet and a broker by the Financial Supervisory Service's Capital Markets Special Judicial Police for insider trading. He urged, "Please stop the stock manipulation that leads to ruin and return to being a proper journalist who reports the truth."
He added, "If you have already committed such acts, you can receive reduced penalties and rewards for whistleblowing, so I encourage you to come forward."
Furthermore, he emphasized, "Any behavior that profits from breaking the rules while harming law-abiding citizens is an outdated abnormality." He stated that normalizing all irregularities is an unavoidable task for creating a prosperous South Korea.
This statement comes as the Financial Supervisory Service intensifies its investigation into the insider trading case involving the journalist and broker, reiterating its commitment to addressing unfair trading practices in the capital markets.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.