Pekka Kallioniemi Profile picture
Mar 13 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".

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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".

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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.

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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.

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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.

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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

Dec 20
In today’s Vatnik Soup, I’ll introduce an American radio host and propagandist, Scott Horton (@scotthortonshow). He’s best known for blaming Russia’s genocidal war against Ukraine on the US, and for publishing a 700-page book full of Kremlin propaganda.

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Most of you probably remember Scotty from this recent episode of Piers Morgan Uncensored, in which he was schooled for his revisionist propaganda by Ukrainian volunteer and activist Anastasiya Paraskevova (@UkrainianAna).

2/23
Let’s start with the obvious - Scott Horton is a hardcore Kremlin apologist who sees nothing wrong with what Putin does, but strongly condemns anything that Ukrainians do to defend themselves. For Horton,the enemy is the US and all of its allies. The way this works is that…
3/23
Read 24 tweets
Dec 4
In today’s #vatniksoup, I’ll discuss the sad (but funny) state of Finnish vatniks. After Russia launched their full-scale invasion against Ukraine, the Finnish pro-Kremlin/conspiracy theorist scene experienced a dramatic devaluation and hasn’t been able to bounce back since.
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I often get asked about the current state of the Finnish vatnik club, and there’s usually not much to report.

It’s not because these people have stopped, but because today their work has only comedic value.

So here’s the latest:

2/20
Master vatnik and traitor Johan Bäckman has relocated to Russia, and he was recently given a Russian citizenship. It’s obvious that Johan was recruited by Russia’s intelligence agencies a long time ago. He’s still producing videos on YouTube on his…

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Read 21 tweets
Nov 29
In today’s #vatniksoup, I’ll introduce a Romanian politician and conspiracy theorist, Călin Georgescu (@calin_georgescu). He’s best-known for his pro-Kremlin and conspiratorial views, running for president of Romania, and doing it by only campaigning on TikTok.

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Georgescu has a doctorate in pedology (a branch of soil science), and held various positions in Romania’s environment ministry during the 90s.

Between 1999-2012, he was a representative for Romania on the national committee of the United Nations Environment Program.

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He was proposed as Romania’s prime minister in 2011, 2012 and 2016 by Romanian far-right parties, but he rose to international infamy in 2024, when he ran for president of Romania independently and obtained the most votes (22,95%) out of all candidates in the first round.

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Read 26 tweets
Nov 28
In today’s #vatniksoup, I’ll introduce a Canadian journalist and alleged Soviet/Russian spy, David Pugliese (@davidpugliese). He’s best-known for his articles about “Ukrainian Nazis”, and for allegedly being a spy for both the Soviet Union and later Russia.

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Several months ago I was anonymously sent a pile of documents from the mid-80s originating from the KGB archives in Kyiv. These documents outlined a KGB recruitment into “Stuart”, or David Pugliese who “works in foreign mass media” and who is…

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..“studied with the perspective of possible operative use”. Another document described “Stuart’s” contact “Ivan”, who allegedly became his handler.Some have speculated that “Ivan” is Fred Weir, a correspondent of the Christian Science Monitor.He’s lived in Moscow since 1986.
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Read 22 tweets
Nov 11
In today’s #vatniksoup, I’ll introduce an American far-right social media personality, Nicholas J. Fuentes (@NickJFuentes). He’s best-known for his white supremacist, misogynistic and antisemitic rhetoric, and for being the poster boy for the so-called incel movement.

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Like so many from the white supremacist movement, Fuentes dropped out of university after his freshman year. He studied introductory international relations, which apparently made him a geopolitics expert. Nick was introduced to the white supremacist movement at an…

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..early age - he took part in the infamous Unite the Right rally in Charlottesville,Virginia. In 2017, Fuentes launched his political talk show “America First”. Initially the show was aired on Trump-aligned Right Side Broadcasting Network, but it was dropped after the rally.
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Read 20 tweets
Nov 7
In today’s #vatniksoup, I’ll discuss foreign malign influence operations during the 2024 US elections. As in 2016 and 2020, these recent elections were also a target of massive disinformation and hacking campaigns originating mostly from Russia and Iran.

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First of all, my opinion is that these influence operations alone didn’t affect the elections so much, that they actually made a difference.

Unlike in 2016, Trump’s win over Harris was clear and these short-term campaigns didn’t really change that much this time.

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Yet, many of these online campaigns attacked both Harris and Walz on various social media platforms. Especially Walz became a big target after his nomination, and many Russian efforts attempted to defame him.

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Read 18 tweets

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