The virus is not a hoax, but... The hype over how deadly it is is definitely a hoax
The idea it came from a bowl of bat soup is a hoax
The idea it came to America from Europe, not China is a hoax

they are using propaganda and sensationalism to scare people with big numbers of deaths and cases but not putting anything in context. They just want maximum fear so you will do what you're told for fear you will die if you don't