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Infowars To Soon Be Auctioned Off
Infowars and its assets will be liquidated and sold off in auctions starting in November, U.S. Bankruptcy Judge Christopher Lopez said during a court hearing.
JUST IN – Infowars to be liquidated and auctioned off in November, with U.S. Bankruptcy Judge Christopher Lopez stating he will approve the auctions — AP
— Disclose.tv (@disclosetv) September 24, 2024
Jones was ordered to pay more than $1 billion to the relatives of victims of the Sandy Hook Elementary School shooting.
Judge orders auction of Alex Jones’ Infowars to pay for legal damages to Sandy Hook families.
Jones’ life work, Infowars, will be sold off to the highest bidder and liquidated.
Follow: @AFpost pic.twitter.com/1kRpJKXIOb
— AF Post (@AFpost) September 24, 2024
From the Associated Press:
U.S. Bankruptcy Judge Christopher Lopez in Houston said during a court hearing Tuesday that he will approve the auctions that start in November. But he said he first must change a previous order to make it clear that the trustee overseeing Jones’ personal bankruptcy case controls all the assets of Infowars parent company Free Speech Systems, which is owned 100% by Jones.
Despite the pending loss of his company, Jones vows to continue his talk shows through other means, possibly including a new website and his personal social media accounts. He also has suggested that Infowars’ assets could be bought by his supporters, allowing him to continue hosting his show as an employee under the Infowars brand in their home city of Austin, Texas.
“It’s very cut and dry that the assets of Free Speech Systems, the website, the equipment, the shopping cart, all that, can be sold,” Jones said on a recent show. “And they know full well that there are a bunch of patriot buyers, and then the operation can ease on.”
Owen Shroyer issued a public statement:
My Public Statement On The News Of Infowars Shutdown pic.twitter.com/Eb9vsK6oQ9
— Owen Shroyer (@OwenShroyer1776) September 25, 2024
Some X users suggested Elon Musk should purchase Infowars.
Elon Musk should buy InfoWars. https://t.co/FsmWxFLHNW
— SOVEREIGN BRAH (@sovereignbrah) September 25, 2024
Baller move: @elonmusk buys it and sells it back to @RealAlexJones for $1. https://t.co/WfkclndUF1
— Connor Boyack (@cboyack) September 25, 2024
Who thinks Elon Musk should buy Infowars? It would be hilarious. https://t.co/3x3jcWNtu2
— Natalie F Danelishen (@Chesschick01) September 25, 2024
Per Euronews:
If approved, the sell-off order would put Infowars’ intellectual property up for auction on 13 November including its trademarks, copyrighted material, social media accounts and websites.
Jones’ personal social media sites, including his account on the social platform X, which has 2.8 million followers, would not be included.
However, the trustee overseeing Jones’ bankruptcy case, Christopher Murray, said Tuesday that he may soon seek court permission to also liquidate Jones’ personal social media accounts and his other intellectual property.
The Sandy Hook families who won the Connecticut lawsuit want Jones to lose his personal social media accounts. Their lawyers further contend that the families should get a chunk of all of Jones’ future earnings to help pay off his debt.
Christopher Mattei, a lawyer for the Sandy Hook families, said the judge’s signing of the auction order will be “a significant step forward” in the family’s efforts to make Jones pay for the impact of the hoax he fuelled.
“Alex Jones will no longer own or control the company he built,” Mattei said in a statement Tuesday. “This brings the families closer to their goal of holding him accountable for the harm he has caused.”
The rest of Infowars’ assets, including computers, video cameras and other studio equipment, would be sold at a later auction.