Infowars, the controversial media platform led by Alex Jones, is set to be put up for sale as per a court ruling.
Texas Court Orders Sale of Alex Jones' Infowars to Pay Sandy Hook Victims' Families
In a significant turn of events, a Texas district court has ordered the sale of Alex Jones' far-right platform, Infowars, to help pay the more than $1 billion in legal judgments owed to the families of the Sandy Hook shooting victims.
- Sale of Assets
The judge has ordered the sale of Infowars, including its production equipment and intellectual property. This move comes after Alex Jones' failure to comply with previous financial obligations. The court-appointed receiver will be responsible for selling the assets and using the proceeds to pay the Sandy Hook families.
- Appointment of Receiver
The court has appointed a receiver to oversee the sale of Infowars' assets. This receiver will take control of the assets, change the locks at locations where assets are stored, and ensure that the sale proceeds are used to pay the Sandy Hook families.
- Legal Background
The sale comes after Alex Jones and his company, Free Speech Systems, filed for bankruptcy in 2022. A previous auction process was cancelled due to concerns about transparency and the value of the bids. The Texas court order allows the families to pursue the liquidation of Jones' assets to fulfill the defamation judgments awarded in state courts.
- Enforcement Measures
The receiver is authorized to use law enforcement to assist in securing the assets and preventing interference from Alex Jones or his affiliates. The company was given five days to comply with the order once it is formally served.
This decision is part of ongoing legal efforts to hold Alex Jones accountable for spreading conspiracy theories about the Sandy Hook shooting, which resulted in defamation lawsuits and significant financial judgments against him.
- The Onion, which had initially won a court-mandated auction for Infowars' parent company, did not comment on the latest developments. However, the outlet has previously stated it was open to "all options" and plans to keep pursuing the sale.
- The court-appointed receiver will be responsible for selling Infowars' assets, including media content, business operations, and general-news, crime-and-justice segments, and ensuring the proceeds are used to pay the Sandy Hook families.
- The assets of the Infowars media business, which include its production equipment, intellectual property, and all segments such as business, politics, and general-news, crime-and-justice, are now under a court-appointed receiver who will oversee their sale to pay off the Sandy Hook victims' families.
