@eldang i most frequently see it in a generally racist context rather than specifically antisemitic — and looking it up it does seem the person who coined the term was primarily conspiracy theorying about Muslims ruining France somehow (tho he was building off older specifically antisemetic tropes)

so my vote (not that i voted, the poll is closed lol) is somewhere between A&B I guess, and if I did see B I would probably assume liberals was probably a euphemism for BIPoC