Current:Home > FinanceAlex Jones' Infowars set to be auctioned off to help pay victims of Sandy Hook defamation case -InfiniteWealth
Alex Jones' Infowars set to be auctioned off to help pay victims of Sandy Hook defamation case
PredictIQ Quantitative Think Tank Center View
Date:2025-04-09 12:09:22
Infowars, the media platform owned by conspiracy theorist Alex Jones, and its assets will be sold off this fall to help pay the more than $1 billion he owes the families of the victims of the Sandy Hook Elementary School shooting.
U.S. Bankruptcy Judge Christopher Lopez said in a Tuesday court hearing he would approve the order, which will force Jones to sell off the assets in auctions in November, court records say.
Free Speech Systems, which is Infowar's parent company and owned in totality by Jones, will have its ownership transferred to the trustee overseeing Jones's personal bankruptcy case before being sold off.
Jones has vowed to his supporters that he will continue to produce content even after losing control of his company and has said the assets to Infowars could be bought by his supporters.
A two-year odyssey enters its last stages
Back in 2022, the families of the victims of the Sandy Hook shooting won a defamation case of $1.5 billion after they accused the conservative talk-show host of calling the 2012 shooting which left 20 children and six adults dead, a hoax staged by “crisis actors.”
The effects from this case were felt immediately for Jones, who filed for bankruptcy protection as well as his company.
The families that launched the lawsuit against Jones said they were traumatized by his comments and had been harassed and threatened by Jones' supporters following his comments on his show.
Some were confronted in person and were told by Jones' supporters the shooting had never happened. In one case, a parent suing Jones said one of Jones' supporters threatened to dig up his son's grave.
Liquidation ordered in June
Lopez ordered to convert Jones' bankruptcy reorganization into a liquidation back in June, which means all of his assets will be sold off except his main home and any other exempt property. It is expected that the sell-off auction will begin on Nov. 13, court records said.
Christopher Mattei, a lawyer for the Sandy Hook families in one of the lawsuits against Jones, told the Associated Press the auctions are an important step forward.
“Alex Jones will no longer own or control the company he built,” Mattei said, according to the AP. “This brings the families closer to their goal of holding him accountable for the harm he has caused.”
The items up for sale in November will include Infowars’ trademarks, copyrighted material, social media accounts and websites. However, Jones’ personal social media profiles will not be included in the sale.
Fernando Cervantes Jr. is a trending news reporter for USA TODAY. Reach him at [email protected] and follow him on X @fern_cerv_.
veryGood! (52)
Related
- Average rate on 30
- Judge rejects Trump effort to move New York criminal case to federal court
- Biden wants Congress to boost penalties for executives when midsize banks fail
- Lawmakers are split on how to respond to the recent bank failures
- A White House order claims to end 'censorship.' What does that mean?
- Official concedes 8-year-old who died in U.S. custody could have been saved as devastated family recalls final days
- Bill Gates’ Vision for Next-Generation Nuclear Power in Wyoming Coal Country
- Big Oil’s Top Executives Strike a Common Theme in Testimony on Capitol Hill: It Never Happened
- DoorDash steps up driver ID checks after traffic safety complaints
- The U.S. Naval Academy Plans a Golf Course on a Nature Preserve. One Maryland Congressman Says Not So Fast
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Why are Hollywood actors on strike?
- First Republic Bank shares sink to another record low, but stock markets are calmer
- Thousands of Amazon Shoppers Say This 50% Off Folding Makeup Mirror Is a Must-Have
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Las Vegas Delta flight cancelled after reports of passengers suffering heat-related illness
- Rob Kardashian Makes Social Media Return With Rare Message About Khloe Kardashian
- 5 ways the fallout from the banking turmoil might affect you
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Armed with influencers and lobbyists, TikTok goes on the offense on Capitol Hill
11 horses die in barbaric roundup in Nevada caught on video, showing animals with broken necks
It's not just Adderall: The number of drugs in short supply rose by 30% last year
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Locals look for silver linings as Amazon hits pause on its new HQ
Save $200 on This Dyson Cordless Vacuum and Give Your Home a Deep Cleaning With Ease
Penalty pain: Players converted just 4 of the first 8 penalty kicks at the Women’s World Cup