South Africa: Fake News, Financial Impact

A comprehensive look at how one fake news story spread in South Africa, fooling money markets:

While the name should be taken with caution, this raises the question of the relationship between the American- and South African-focused sites. They are linked by style and content, and it seems reasonable to assume that the connection is not coincidence. The purpose certainly seems to be to make money from news, including fake news. The sites could have been run from the US, from South Africa, or from a third country altogether.
Whatever the location, this appears to be a concrete example of a cluster of fake-news sites working to attract clicks — and impacting money markets in the process.


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