President Lee: "Stock Manipulation Leads to Ruin; Will Inevitably Be Caught by Financial Authorities, Police, and Prosecutors"

President Lee Jae-myung stated today (July 8) that "stock manipulation will inevitably be caught in the triple net of the Financial Supervisory Service, the police, and the prosecution."

During his state visit to Türkiye and Mongolia, President Lee posted the message on X (formerly Twitter) today, emphasizing that "fairness in the capital market is a value that cannot be abandoned."

In the post, the President attached a news article reporting that the Financial Supervisory Service's Special Judicial Police for Capital Markets had detected allegations of front-running by an employee of Maeil Business TV and others, and had initiated a search and seizure operation.

President Lee has consistently argued that to normalize the Korean stock market, distrust regarding transparency must be addressed, emphasizing that "we must ensure that those who engage in stock manipulation or unfair trading face ruin."

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.