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".

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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.

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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.

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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.

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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.

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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

Apr 4
In today’s Vatnik Soup REBREW, I’ll introduce a Russian ultra-nationalist propagandist and “philosopher”, Aleksandr Dugin. He’s best-known for his blueprint on Russia’s geopolitical strategy and for his genocidal rhetoric towards Ukrainians.

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In my first Dugin Soup, I covered the man’s 1997 book Foundations of Geopolitics — a manual for dismantling the West, breaking up NATO, and building a Russian-led empire. In it, he makes eerie “predictions” that seem to be playing out today.

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Dugin called for destabilizing the US by exacerbating internal divisions. Fast forward to today: culture wars, conspiracy theories, far-right lunatics, and social media algorithms doing half the work for him.

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Apr 3
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Apr 1
In today’s Vatnik Soup, I’ll introduce Russian propagandist Sergei Tsaulin. He’s best-known for spreading pro-Kremlin narratives in Estonia, fleeing to Russia after breaking several laws in Estonia, and almost getting blown up by a bomb in St. Petersburg.

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For years, Tsaulin was known for organizing marches and events glorifying the Soviet Union. Under the excuse of “remembering history,” these events were nothing more than Kremlin propaganda, wrapped in a red flag with a hammer and sickle.

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One of his most infamous events was the “Immortal Regiment” march, held every 9th of May, where people carried portraits of Soviet soldiers. These marches are used by Russia to push the idea that the Baltics owe their existence to the Soviets.

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Read 18 tweets
Mar 28
In today’s Vatnik Soup, I’ll introduce a podcaster and conspiracy theorist, Joe Rogan (@joerogan). He’s best-known for launching the biggest podcast in the world, promoting various conspiracy theories, his support for Donald Trump and his anti-Ukraine rhetoric.

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Joe Rogan started as a stand-up comedian in the 1980s, found fame on NewsRadio, and became a household name with Fear Factor. But his biggest impact came in 2009 when he launched The Joe Rogan Experience (JRE), one of the first major podcasts.

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JRE started as casual but deep conversations, often covering countercultural topics like psychedelics, MMA & hunting. Joe’s podcasting style is largely non-confrontational, often allowing his guests to share their views without significant pushback or critical questioning.

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Read 23 tweets
Mar 27
In today’s Vatnik Soup, I’ll introduce KOOS party leader and Estonian crypto businessman Oleg Ivanov. He’s best known for running shady businesses, spreading Russian false narratives in Estonia, and participating in the pro-Kremlin political party KOOS.

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As a talented youngster, Oleg learned Estonian almost flawlessly, was a promising karate athlete, and landed a job at a law firm at just 20. He caught the eye of Estonian fuel entrepreneur Endel Siff, who quickly took him under his wing.

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Oleg’s father, Vladimir Ivanov, was a longtime politician from the Russian-funded United People’s Party of Estonia. His career at the town hall ended abruptly when he was caught drunk at work. After that, he went into business with his son, Oleg.

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Read 19 tweets
Mar 26
In today’s Vatnik Soup, I’ll talk about the takeover of social media by illiberal, populist influencers. For the last ten years, social media has been dominated by these voices and it is one of the main reasons for the political rise of people like Trump and Orban.

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“Illiberal populists” like Trump reject democratic norms while claiming to speak for “the people.” They centralize power, attack institutions, and push nationalism over rights. Elections exist, but checks & balances erode. This is democracy in name, autocracy in action.

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The media landscape has changed drastically over the past two decades. The Internet and social media have changed how we interact online & how we consume media,but it has also become our main source of news. In many ways,social media companies have control over information.

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Read 26 tweets

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