Whatever conspiracy theory’s own nature is, it is certainly used as a political tool:
https://www.adl.org/blog/soros-conspiracy-theories-and-the-protests-a-gateway-to-antisemitism
– Numerous right-wing pundits and activists are now alleging that Soros is funding the protests following the murder of George Floyd. Prominent among them is Candace Owens, who wrote, “As he did with Antifa, Democrat George Soros has these thugs on payroll. He is funding the chaos via his Open Society Foundation.” DeAnna Lorraine, the Republican candidate for Congress who ran unsuccessfully against Nancy Pelosi in March 2020, asked her 261k followers to “bring attention to this very organized takeover” of the country by getting #sorosgate and #soros to trend on Twitter.
– When President Trump tweeted (about the protests), “It’s ANTIFA and the Radical Left. Don’t lay the blame on others!,” former game show host Chuck Woolery disagreed. “It’s George Soros,” he tweeted. David Wohl, Trump surrogate and father of disinformation activist Jacob Wohl, agreed, saying, “Soros funded rent-a-mobs no doubt.” Actor-turned-right-wing-Twitter-pundit James Woods, referring to a “night of savage anarchy” on May 30, wrote that “[when] George Soros rules our streets, we are doomed. #TakeAmericaBack.”
– Others used more conspiratorial and sinister language to describe their theories about Soros’ involvement. Posts in several anti-Soros Facebook groups recirculated a 2016 article claiming that a leaked memo revealed that Soros planned to “use Black Lives Matter to federalize U.S. police.”
– “Network marketing” entrepreneur Laire Lightener wrote to her 84k Facebook followers that “George Soros #1 goal in life is destroy America so that globalists can take over. He funds the #BLM movement & riots happening across the nation every time the globalists decide they need a new race war started.” Numerous posts on social media have cited a fabricated 2014 “quote” from Soros: “I’m going to bring down the United States by funding Black Hate groups. We’ll put them into a mental trap and make them blame white people. The Black community is the easiest to manipulate.”
– Some go so far as to say that the death of George Floyd, which precipitated the protests and rioting of recent days, was a false flag event orchestrated by George Soros. One lengthy post on a Facebook group with 25k members claimed, “the Floyd event was staged…with the purpose of creating racial tensions and driving a wedge in the growing group of anti-deep state sentiment from common people, that have already been psychologically traumatized by Covid 19 fears… You can draw your own conclusions, but this appears to have all the earmarks of George Soros. Please open your eyes!!!!”