Public Press Conference on the ‘NewJeans Tampering’ Allegations (Attorney Kim Seon-woong of Jiam Law Firm)

[Three-Line Summary] “Not Betrayal, but a Scapegoat of ‘Stock Fraud’”

The Essence of the Incident: The core of this incident is not Min Hee-jin’s tampering or betrayal, but a ‘retaliatory self-staged drama’ executed by manipulative forces who tried to make money through stock manipulation by fraudulently using the name ‘NewJeans’, only to fail.

The Reality of the Conspiracy: The manipulative forces deceived the members’ families to induce a meeting with former CEO Min, and attempted to steal money from retail investors by artificially inflating the stock price through false disclosures, acting as if this brief meeting was a ‘confirmed investment’.

The Background of the Allegations: When former CEO Min drew the line, stating “I have nothing to do with them,” causing the stock price to plummet, it is strongly suspected that the scammers created and tipped off a ‘fake tampering scenario’ to evade responsibility for their crimes and to seek revenge.

Fact-Check on the Truth of the Min Hee-jin Tampering Allegations (Table=The Gate)

[One-Paragraph Summary] “NewJeans was bait for manipulated stocks, and tampering is a lie by scammers.”

The tampering allegations directed at former CEO Min Hee-jin are a conspiracy carried out by a notorious stock manipulation group in the capital market to hide their crimes by making her the scapegoat. Alternating between past themes like superconductors, secondary batteries, and politicians, they are a typical manipulated stock group that has revised its business objectives about 10 times. To pump the stock price, they committed bold criminal acts, such as disguising a member’s uncle as the chairman of a non-existent shell company and putting him in their public disclosures.

However, when former CEO Min sensed their suspicious nature and officially denied the relationship, Dabo Link’s stock price immediately hit the lower limit and plummeted. The truth behind these allegations is that the panicked manipulative forces, to shift the blame for losses in the tens of billions of won onto former CEO Min and seek revenge, leaked false information claiming “Min Hee-jin proposed the escape first.”

[Point Summary] 4 Truths Hidden by the “Tampering Allegations Reports”

The Truth of the ‘3-Hour Meeting’: It was merely a courtesy meeting she attended because the members’ families earnestly requested it, saying they would “facilitate a reconciliation with HYBE.” Former CEO Min completely cut off all communication immediately upon realizing that the other party was a stock manipulation group.

The True Identity of the ‘Endlessly Transforming’ Manipulated Stock: Dabo Link is an empty shell company that spent the entire year chasing themes like superconductors → entertainment (NewJeans) → politicians, attempting to insert the entire South Korean industry into its business objectives. In reality, things like superconductors lacked substance and were later deleted from their business objectives.

The Crime of ‘False Credentials’ Disclosure: The manipulative forces committed criminal acts deceiving shareholders, such as disclosing the position of chairman of ‘Handy Point,’ a non-existent company, as an internal director credential. The tampering allegations were merely a tool to justify such illegal disclosures.

‘Retaliatory Planned’ Tip-offs: Reports of ‘tampering allegations’ poured out immediately after former CEO Min announced she had “no connection,” causing the scammers to lose tens of billions of won (after November 5, 2024). This is not an exposure of the truth, but clear retaliation and public opinion manipulation.

[Q&A] Fact Check: Correcting the Missed Points

Q1: “Still, isn’t it true that Min Hee-jin met with those people and talked for 3 hours?”

A: It was a meeting she attended after being deceived by the bait of a family’s reconciliation proposal. However, as soon as former CEO Min realized that the other party intended to use NewJeans as a tool to boost their stock price, she immediately refused and issued a statement, destroying their operation. The meeting is not the issue; the essence is that she was retaliated against for rejecting the scammers.

Q2: Are you blaming the members and their families?

A: We are not attacking the members’ families. It means that the manipulative forces exploited the desperation of the members’ families to approach former CEO Min, and in the process, even the families were used in disclosures with false credentials (such as chairman of a shell company). In other words, we are pointing out the ‘design’ of the scammers who even dragged in the families to set up their scheme.

Q3: HYBE (CEO Lee Jae-sang) tried to stop you from meeting them, so why did you?

A: HYBE’s warning is, paradoxically, evidence that HYBE already knew the true identity of these manipulative forces. Former CEO Min only went because she couldn’t refuse the family’s request, and HYBE knew about this ‘single meeting’ and later processed it into a ‘tampering’ frame to reap reflexive benefits.

Q4: “But Chairman Park Jung-kyu personally revealed that ‘Min Hee-jin asked for a method’?”

A: That is a blatant lie. Park Jung-kyu is a figure with a colorful history of management disputes and capital outflow. When he found himself chased by investors due to the stock price plummeting from former CEO Min’s refusal, he concocted a scenario to shift the blame, claiming “Min Hee-jin lured us into it first.”

Q5: “What about the allegations that the NewJeans members’ activities, such as their live broadcast, were a ‘build-up’ for their escape?”

A: That is ‘frame manipulation’ where the manipulative forces stole the members’ sincere appeals as a ‘theme’ to boost their stock price, and later transformed it into the basis for tampering. Former CEO Min did not use them; the manipulative forces used former CEO Min’s situation to create a false justification.

Q6: “Isn’t the meeting itself the beginning of tampering, and whether an agreement was reached a secondary issue?”

A: If simply meeting someone in the entertainment industry is branded as tampering, no creator could be free. What is important is whether there was a ‘specific conspiracy aimed at contract termination,’ and former CEO Min blocked all communication and refused any agreement as soon as she realized the other party was a stock manipulation group. Rather, the group that attempted to manipulate the stock price by impersonating the meeting is the true body of the crime.