▲ President Lee Jae Myung speaks during a Cabinet meeting at the presidential office Cheong Wa Dae in Seoul on Feb. 3, 2026. (Yonhap)

Lee-financial market

Lee issues another stark warning against unfair stock trading

By Yi Wonju

SEOUL, Feb. 6 (Yonhap) -- President Lee Jae Myung warned against stock price manipulation Friday amid allegations that reporters at a local economic daily made illegal gains by trading stocks using insider information.

Lee made the remark in a post on social media platform X, sharing a news article reporting that a joint task force on cracking down on stock price manipulation carried out a search and seizure at the headquarters of the Korea Economic Daily the previous day.

"Stock manipulation will lead to total ruin," Lee wrote.

According to the report, five reporters are accused of buying specific stocks in advance and publishing news articles favorable to those stocks to drive up the prices before selling them for profit.

In recent weeks, Lee has stressed his commitment to crack down on stock manipulation and illegal acts that disrupt financial markets through his social media.

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