카카오 김범수 'SM 시세조종 혐의' 항소심 돌입…이르면 10월 선고

Kakao's executive Kim Bum-soo enters appellate proceedings on stock price manipulation charges during SM Entertainment's acquisition, with verdicts expected by October 2026. This high-profile case sets critical legal precedent for distinguishing legitimate competitive M&A tactics from illegal market manipulation in Korea's capital markets. The ruling will significantly impact how major tech companies and investors approach hostile acquisition strategies going forward.