South Korean Economic Blogger Acquitted (For Now)

from the phew dept

Earlier this year, we were quite troubled by news reports out of South Korea, concerning a (formerly) anonymous blogger who had been arrested for his financial commentary online that had been so good that it moved markets. He was charged with “spreading false rumors,” when in reality the problem was that the info he was spreading was pretty accurate, and that was the problem. But, the good news is that he’s now been acquitted, as the court noted that there was no evidence that the guy intended to spread false information, and that he appears to have believed the content he was writing. Of course, the case may not be over yet, as many expect the government to appeal.

Filed Under: , , , ,

Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “South Korean Economic Blogger Acquitted (For Now)”

Subscribe: RSS Leave a comment
1 Comment
TheStuipdOne says:

Makes me wonder

If I say that google stock is about to tank (and i don’t have any information to indicate that at all), and 90% of google shareholders believe me and sell all of their shares so the stock does fall off a cliff … would I have spread false information?

I made a prediction and it came true, but my prediction made it come true.

Similar to when a stock rating is changed to ‘poor’ or ‘sell’ and then the people behind the rating buy up the stock

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...