Verb. 1. To dismiss a plausible theory in a ridiculing manner as a "conspiracy theory", as a herdlike mainstream narrative.
2. To dismiss a plausible theory as a "conspiracy theory", as a (concerted) intentional disinformation campaign.
Admit it , Donny, you fucked up, we all got fucked over by your fuck up, now stop trying to Wuhan us over it. Nobody believes a fucking bat swapped motor oil for your transmission fluid.