Pekka Kallioniemi Profile picture
Mar 13, 2024 19 tweets 14 min read Read on X
In today's #vatniksoup, I'll introduce an American investor and social media commentator, Malachy J. (@The_Real_Fly). He's best-known for his extensive history as an investor blogger, for his extreme xenophobia and for spreading pro-Kremlin narratives on social media.

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Mal has been involved in the investment world for a long time & for example @TheStalwart published a story on Business Insider about his massive losses in the market already back in 2014. In the article, he was described as "a well-liked member of the community for years".

2/18
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His blog, "Trading with the Fly", has been active since 2007, and since then he's posted around 4 blog posts a day, and he's even published two books, "Journey into Fear: when the dot com bubble burst" and "In a Car Made of Dynamite, Racing Towards the Sun".

3/18
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Mal has gone the distance trying to erase the traces of his real identity online, using a fake name in the blogosphere ("George Hamilton"), that was even picked up by @rcarrick for The Globe and Mail article published in 2008.

4/18
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His blog, iBankCoin, was very popular among investors back in 2008, and it was even voted as the most popular investing blog back in the day. Malachy aka The Fly was described as a "source of reliably rude but smart investing commentary and musings".

5/18
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Malachy's worldview seems to be coming almost completely from various pro-Kremlin narratives & conspiracy theories. He's not the most influential account on X,but he's a perfect example on how tendency to believe in conspiracy theories leads to believing in the Kremlin's BS.
6/18


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Already back in 2016, he was promoting Pizzagate, a conspiracy theory suggesting that a pizzeria in DC was a meeting place for Satanic ritual abuse. Incidentally, the theory involved Hillary Clinton & spread online like wildfire just days before the US presidential election.
7/18
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He also seems to believe in The Great Reset and The Great Replacement conspiracy theories. The latter is very popular among the far-right and is of course supported by X's owner, @elonmusk. Malachy also thinks that the moon landing was a hoax.

8/18


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As is tradition, Malachy's also keen on conspiracy theories related to COVID-19 vaccines. He also promotes the idea that "Liberal Jews" are pushing "anti white [sic] agenda", and that George Soros is some kind of mastermind trying to ruin America.

9/18


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He's also extremely hostile towards any sort of "wokeness" in the US, suggesting that the US military is weak and the Western societies are collapsing because of it. Malachy's own son appears to be some sort of "pro Halo gamer", so I don't know if that's somehow better.

10/18

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Next, let's look at some of Fly's posts related to the Russo-Ukrainian War: he's claimed that Navalny was "100% a CIA asset", that Ukrainian drones have dropped chemical weapons on a Russian soldier, that Ukraine is "full of Nazis" & that Zelenskyy is a drug addict.

11/18


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But that's not all! There's of course the classics like "Finland joining NATO is escalation", "secret US-funded biolabs in Ukraine", "2014 Revolution of Dignity was a coup", and that the war in Ukraine is actually a civil war.

12/18


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Apparently he considers Putin to be some kind of crusader that's fighting against the "decadent West" & that all the beforementioned phenomena are the consequences of this "decadence". Mal may know something about the market, but it seems that he has no clue about Russia.

13/18

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In addition to being pro-Kremlin, Malachy is also extremely xenophobic, especially towards the African-Americans and Mexicans. Which is weird, considering that his wife and her mother are allegedly Latinas and that they mostly speak to each other in Spanish.

14/18


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Malachy belongs to the pro-Kremlin, conspiratorial, disinformation-ridden circle-jerk that includes accounts like @geromanAT, @endwokeness, @dom_lucre and @CensoredMen. He personally appealed to Elon after the Serbian-Austrian communist Roman G aka @geromanAT was suspended.
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Based on his online activity, Mal is chronically online. On average, he tweets 37 posts daily, and still has time to write for his investing blog on an almost daily basis. That's quite a lot of Internet time for an almost 50-year-old family man.

16/18
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And since he's American, there needs to be some kind of grift or business involved in all this craziness. Malachy is aggressively promoting Stocklabs, some sort of investment platform that has "AI Based [sic] Market Timing Algorithms" and other completely made up shit.

17/18
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Because who wouldn't want to take financial advice from someone who believes that the moon landing was a hoax, that the "Satanic elites" are having sexual rituals in a pizza place, and who thinks that Putin will save the West from its "decadence"?

18/18

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This investigation was done in collaboration with @UnintelAgency.

Find us also on other socials:

instagram.com/vatniksoup/
youtube.com/@TheSoupCentra…
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More from @P_Kallioniemi

Jul 1
In today’s Wumao Soup, I’ll introduce how and where the Chinese Communist Party’s (CCP) online propaganda and influence operations work. Due to China’s massive population and advances in AI, CCP-aligned online content has become increasingly visible.

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Like Russia’s troll farms, China has its own troll army: the “50 Cent Party” or “Wumao” refers to state-linked online commentators who are reportedly paid ¥0.50 per post to steer discussions away from criticism and amplify CCP narratives on social media.

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Back in 2017, a research paper estimated that the Wumao produced almost 500 million fabricated comments annually to distract readers and shift topics. In that sense, Wumao operates very similarly to the Russian “Firehose of Falsehood” model:

3/20

Read 21 tweets
Jun 26
In today’s Vatnik Soup and the “Degenerate Russia” series, I’ll show you the brutal reality of Russian war crimes, in particular the horrific tortures and sexual abuses of children, women and men.

Buckle up, this one is not for the faint-hearted.

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For over a decade now and as part of their “firehose of falsehood” propaganda strategy, Russia has been spreading false narratives targeted at right-wing/conservative audiences, portraying russia as a bastion of Christian, traditional,family values.

2/24

In the previous “degenerate Russia” series we discussed Russia’s insanely high divorce rates, rampant domestic violence, high murder rates, thriving neo-Nazi culture, corruption of the Orthodox Church, and their massive demographic problem:

3/24

Read 26 tweets
Jun 24
In today’s Vatnik Soup, I’ll explore how Russia is working with Iran, and how the recent Israel–US strikes on Iran could affect the war in Ukraine. Iran has been one of Russia’s key allies in their genocidal war, but in reality the partnership is deeply one-sided.

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Historically, Russia/USSR has been involved in numerous wars in the Middle East, invading Afghanistan for nearly a decade and desperately trying to keep Syria’s authoritarian leader, al-Assad, in power before his eventual downfall.

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While initially supportive of Israel, the Soviet Union quickly pivoted to backing its enemies, fueling antisemitism, terrorism, and chaos in an already tense region. At times, this meant near-open war, like when Soviet Air Force MiG-21s were shot down by Israel over Egypt.

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Read 22 tweets
Jun 20
In today’s Vatnik Soup REBREW, I’ll re-introduce a Latvian politician and former MEP, Tatjana Ždanoka. She’s best-known for her history in the Communist Party of Latvia, for her pro-Russian politics in the country, and her connections to Russian intelligence.

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Based on Ždanoka’s speeches and social media posts, she has a deep hatred towards the people of Latvia. The reason for this can only be speculated, but part of it could be due to her paternal family being killed by the Latvian Auxiliary Police,…

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…a paramilitary force supported by the Nazis, during the early 1940s. Ždanoka became politically active in the late 80s. She was one of the leaders of Interfront, a political party that supported Latvia remaining part of the USSR.

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Read 23 tweets
Jun 16
In today’s Vatnik Soup, I’ll introduce the main themes of Russian disinformation on TikTok. Each day, there are thousands of new videos promoting pro-Kremlin narratives and propaganda.

It’s worth noting that Russians can only access European TikTok via VPN.

1/10
There is currently a massive TikTok campaign aimed at promoting a positive image of Russia. The videos typically feature relatively attractive young women and focus on themes of nationalism and cultural heritage.

2/10
Ironically, many of these videos from Moscow or St. Petersburg are deceptively edited to portray Ukraine in a false light — claiming there is no war and that international aid is being funneled to corrupt elites.

3/10
Read 11 tweets
Jun 8
In today’s Vatnik Soup, I’ll talk about Finland and how pro-Kremlin propagandists have become more active in the Finnish political space since Russia launched its full-scale invasion of Ukraine. For the first time since 2022, they’ve gained some political power in Finland.

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Russia’s political strategy in countries with Russian-speaking minorities (such as Finland and the Baltics) is typically quite similar: it seeks to rally these minorities around issues like language and minority rights, and then frames the situation as oppression.

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At the same time, Russian speakers are extremely wary and skeptical of local media, and instead tend to follow Russian domestic outlets like Russia-1 and NTV, thereby reinforcing an almost impenetrable information bubble.

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Read 17 tweets

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