At the time of publication, Institutional Investor had not received a response from the address. Hettena has written about Zero Hedge for The New Republic and his personal blog , tying the site to pro-Russian messaging that litters alt-right websites. He believes that Daniel Ivandjiiski is driven not by ideology, but by cash. But back to that second audience he mentions. Over time, Zero Hedge has broadened its coverage, moving from strictly publishing financial analysis to also covering politics.
He notes that this dual-audience strategy is a smart one: There are few, if any, other websites that meld financial analysis and conspiracy thought. But even the financial analysis Zero Hedge publishes is dubious.
Billionaire investor Chamath Palihapitiya amplified the message, even though payment-for—order flow is a common practice in the industry.
Much of financial media, including The Wall Street Journal and Bloomberg — and even Institutional Investor — is either fully or partially behind a paywall. Zero Hedge often reposts entire chunks of articles written by reporters for mainstream outlets, giving readers an opportunity to get at least some of the news they may not otherwise be able to afford.
The site has also, as Malinen mentions, amplified small bloggers. Although there is no other site like it, several alternative financial media sites have popped up since the Global Financial Crisis. Alternative financial analysis sites like Hedgeye and Real Vision are taking off. Even Barstool Sports founder David Portnoy has become a finance content creator.
This is all evidence that the story of Zero Hedge is not one about the investment industry. This content is from: Portfolio. October 08, June 30, A spokesperson for Twitter told BuzzFeed that "the account was permanently suspended for violating our platform manipulation policy. For you. World globe An icon of the world globe, indicating different international options.
Get the Insider App. Click here to learn more. A leading-edge research firm focused on digital transformation. Good Subscriber Account active since Shortcuts. Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log out. US Markets Loading H M S In the news. Ellen Cranley. Zero Hedge, a financial blog that rose to popularity in the wake of the financial crisis, was permanently suspended from Twitter for what the platform deemed as spreading misinformation over the Wuhan coronavirus.
The site has been described as "far-right" and "pro-Trump" after it was first established as a strong voice offering counter-culture takes in finance and politics. Visit Business Insider's homepage for more stories.
The blog rose to prominence after the financial crisis. No, it certainly is not. Not really, though there was the possibility that I might have a Bulgarian court judgment hanging over my head. Still, an awful precedent could be set, so I decided to hire an attorney in Bulgaria and fight it. Andrew Weisburd, a private intelligence analyst who has done work for the U.
Zero Hedge takes a particular interest in the controversy surrounding Malaysia Airlines Flight 17, a passenger jet that was shot down in Ukraine in , killing all people on board. A Dutch-led criminal investigation last year charged four people, three of whom had ties to Russian intelligence, with shooting down the plane. A few days after the criminal charges were filed, Zero Hedge published a story claiming, without evidence, that the U.
All this only made the criminal complaint against me more puzzling. Why file a criminal complaint, instead of a lawsuit, in Bulgaria? And all for a post hardly anyone had read? The story of the criminal charges against me carried deeper meaning in Bulgaria, which is still coming to grips with its Communist past. Bulgaria today is a member of both NATO and the European Union, but it has close historic and cultural ties with Russia, which continues to cast a shadow over what had been one of its most loyal vassal states during the Cold War.
Several sources with connections to the Bulgarian government told me that they suspected Zero Hedge may be a Trojan horse as well. After studying at an English-language school in Sofia and graduating from the Warsaw School of Economics in , Ivandjiiski worked briefly in the Bulgarian ministry of foreign trade and served in the military before beginning his career as a journalist.
Ivandjiiski never responded to requests for comment from me or from Bulgarian journalists who wrote stories about my case. On his website, he wrote that he had nothing to do with the KGB and threatened to sue anyone who asserts otherwise. When I was a college student many years ago, someone passed me a copy of a magazine called Covert Action Information Bulletin.
The magazine had been co-founded by a former CIA case officer, Phil Agee, who had turned against the agency. I no longer recall the particulars of the issue I read, but the magazine reflected my nascent political beliefs, such as they were, during the first Bush administration. I was angry at the CIA, which I saw then as an evil force controlling world affairs and corporate media; as a result, I believed only people outside the mainstream could expose the truth.
Even as venerable newspapers collapse into bankruptcy and the FBI warns that Russia is poisoning our public discourse, popular sites like Zero Hedge continue to grow in power and influence.
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