▲ President Lee Jae-myung
President Lee Jae-myung issued a warning today (June 13) against "front-running by reporters"—a practice where journalists inflate stock prices through promotional articles to gain unfair profits—stating, "Please stop the stock manipulation that ruins lives and return to being normal journalists who uphold the principles of fair reporting."
On the same day, President Lee shared a link on X (formerly Twitter) to an article reporting that the Financial Supervisory Service's Special Judicial Police for Capital Markets had recently arrested an incumbent economic media reporter and a broker for engaging in stock front-running using news articles, and wrote, "The normalization of the abnormal."
President Lee added, "If you have already committed such acts, I urge you to turn yourselves in, as public interest whistleblowers are eligible for reduced penalties and rewards."
He further emphasized, "All forms of behavior that harm law-abiding citizens and generate profit by breaking the rules are anomalies of a bygone era. To build a Republic of Korea where everyone prospers together, the normalization of all that is abnormal is an unavoidable task of our time."
※ Please note: This article was translated by AI and may contain errors.