U.S. accuses financial website of spreading Russian propaganda
WASHINGTON — U.S. intelligence officials on Tuesday accused a conservative financial news website with a significant American readership of amplifying Kremlin propaganda and alleged five media outlets targeting Ukrainians have taken direction from Russian spies.
The officials said Zero Hedge, which has 1.2 million Twitter followers, published articles created by Moscowcontrolled media that were then shared by outlets and people unaware of their nexus to Russian intelligence. The officials did not say whether they thought Zero Hedge knew of any links to spy agencies and did not allege direct links between the website and Russia.
Zero Hedge denied the claims and said it tries to “publish a wide spectrum of views that cover both sides of a given story.” In a response posted online Tuesday morning, the website said it “has never worked, collaborated or cooperated with Russia, nor are there any links to spy agencies.”
The officials briefed The Associated Press on the condition of anonymity to discuss sensitive intelligence sources. It was the latest effort by President Joe Biden’s administration to release U.S. intelligence findings about Russian activity involving Ukraine as part of a concerted push to expose and influence the moves of Russian President Vladimir Putin. U.S. officials previously accused Putin of planning a “false-flag” operation to create a pretext for a new invasion of Ukraine and detailed what they believe are final-stage Russian preparations for an assault.
It’s unclear whether U.S. efforts are changing Putin’s behavior. And without releasing more proof of its findings, Washington has been criticized and reminded of past intelligence failures such as the debunked allegations that pre-war Iraq had weapons of mass destruction.
Zero Hedge has been sharply critical of Biden and posted stories about allegations of wrongdoing by his son Hunter. While perhaps best known for its coverage of markets and finance, the website also covers politics with a conservative bent.
In its response online, the website accused the AP of publishing a “bizarre hit piece” and said government officials were trying to distract from “our views of the current dismal US economic situation.”
“The bottom line is that such hit piece accusations that we somehow work with or for the Kremlin are nothing new: we have repeatedly faced similar allegations over the years, and we can absolutely confirm that all of them are ‘errors,’” the website said.
In recent months, Zero Hedge has published numerous articles that accused the U.S. of fomenting panic about Ukraine, which now faces the possibility of an invasion by more than 130,000 Russian troops massed on several sides of the country. Some of those articles are listed as being written by people affiliated with the Strategic Culture Foundation.
The Biden administration sanctioned the foundation last year for allegedly taking part in Russia’s interference in the 2020 U.S. election. U.S. intelligence officials allege the foundation’s leaders ultimately take direction from the SVR, the Russian foreign intelligence service.