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339

Alex Jones’ personal assets to be sold to pay $1.5B Sandy Hook debt. Company bankruptcy is dismissed (apnews.com)

submitted 2 months ago by [email protected] to c/[email protected]

20 comments fedilink

A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones ′ personal assets but dismissed his company’s separate bankruptcy case, leaving the future of his Infowars media platform uncertain as he owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.

Judge Christopher Lopez approved converting Jones’ proposed personal bankruptcy reorganization to a liquidation, but threw out the attempted reorganization of his company, Austin, Texas-based Free Speech Systems. Many of the Sandy Hook families had asked that the company also be liquidated.

Alex Jones’ personal assets to be sold to pay $1.5B Sandy Hook debt. Company bankruptcy is dismissed (apnews.com)

submitted 2 months ago by [email protected] to c/[email protected]

2 comments fedilink

Conspiracy theorist Alex Jones is facing a court-ordered sell-off of many of his personal assets while the future of his Infowars media platform remains up in the air.

246

Alex Jones’ personal assets will be sold to help pay Sandy Hook debt as judge decides Infowars’ fate (apnews.com)

submitted 2 months ago by [email protected] to c/[email protected]

18 comments fedilink

562

Alex Jones’ personal assets to be sold to help pay Sandy Hook debt as judge decides Infowars’ fate (apnews.com)

submitted 2 months ago by [email protected] to c/[email protected]

34 comments fedilink

A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones ′ personal assets and was still deciding on his company’s separate bankruptcy case. The decision could determine the future of his Infowars media platform, as Jones owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.

Judge Christopher Lopez approved converting Jones’ proposed personal bankruptcy reorganization to a liquidation. He was still set to rule on whether Jones’ company, Austin, Texas-based Free Speech Systems, also should be liquidated.

It wasn’t immediately clear what will happen to Free Speech Systems, which is Infowars’ parent company.

Many of Jones’ personal assets will be sold off, but he is expected to keep his primary home in the Austin area and some other belongings that are exempt from bankruptcy liquidation. He already has moved to sell his Texas ranch worth about $2.8 million, a gun collection and other assets to help pay debts.