President Lee Jae-myung's X post. /Courtesy of X capture

President Lee Jae-myung on the 25th publicly praised Financial Services Commission Chairperson Lee Eog-weon, who greatly increased rewards for reporting stock manipulation, saying, "Well done."

On X (formerly Twitter) that day, the president quoted a post in which the chairperson introduced the policy to expand rewards for reporting stock manipulation and wrote, "Chairperson, well done."

The president said, "Now, when you report stock manipulation, you can receive tens of billions or hundreds of billions of won as a reward. It's definitely easier than the lottery for changing your fortunes," adding, "Stop stock manipulation now. Stock manipulation ruins lives!"

The president said, "Even for those involved (in stock manipulation), we will consider reduced penalties and paying rewards."

At a Cabinet meeting the previous day, the president also instructed Fair Trade Commission Chairperson Ju Biung-ghi to increase cartel rewards, saying, "Make it so shocking it makes people think, instead of playing the lottery, 'let's dig up cartels.' Even if it's hundreds of billions, even if it's 10–20%, that's fine."

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