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 Moscow-controlled 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 “has never worked, collaborated or cooperated with Russia, nor are there any links to spy agencies.”
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.”
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.
Recent articles listed as authored by the foundation and published by Zero Hedge include the headlines: “NATO Sliding Towards War Against Russia In Ukraine,” “Americans Need A Conspiracy Theory They Can All Agree On” and “Theater Of Absurd… Pentagon Demands Russia Explain Troops On Russian Soil.”
In an email sent prior to its online response, the website said there “is no relationship between Strategic Cultural Foundation (or the SVR) and Zero Hedge, and furthermore this is the first time we hear someone allege that the Foundation is linked to Russian propaganda.”
“They are one of our hundreds of contributors — unlike Mainstream Media, we try to publish a wide spectrum of views that cover both sides of a given story,” the website said.
Disinformation has long been used by Putin against adversaries, including the United States, and as one tool in regional conflicts to accompany cyberattacks and the movement of military forces. Washington and Kyiv have for months highlighted the issue of Russian influence in Ukrainian media.
Intelligence officials on Monday named two websites they said were directed by the Strategic Culture Foundation. Three other websites are alleged to have ties to the FSB, Russia’s federal security service. The websites did not respond to emailed requests for comment Tuesday.
“These sites enable the Russian government to secure support among the Russian and Ukrainian populations,” one official said. “This is the primary vector for how the Russian government will bolster support domestically for an invasion into Ukraine.”
Officials described for the first time what they say are direct communications between Russian spies and the editors or directors of the media outlets. They did not release records of the communications.
