Once you give the government control over what constitutes "fraud", you can kiss your freedom to speak goodbye. Every totalitarian state in history suppressed (or suppresses) speech in the name of controlling disinformation.
That fraud committed under cover of "news", "journalism", or other forms of reporting, remains fraud.
Here committed by a "citizen journalist", interpreting the term very broadly.
There's the Infowars / Alex (nutjob) Jones / Pizzagate case as well, where, under threat of a lawsuit, Jones has tried to walk back earlier reporting.
(There's another Alex S. Jones, a serious journalist, associated with the Shorenstein Center. Who I strongly suspect curses his, or Nutjob's, parents, on a fairly regular basis. One of the rather more pronounced, ironic, and tragic cases of identity confusion.)
You're mixing apples and oranges here. There's a difference between committing fraud to get a true story and printing something the government decides isn't true.
