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Infowars' Alex Jones must sell personal assets to pay $1.5B Sandy Hook debt | LiveNOW from FOX
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June 15, 2024
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7:40Now PlayingA federal judge ordered the liquidation of conspiracy theorist Alex Jones ′ personal assets. Jones owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
A judge 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.
Lawyers for the Sandy Hook families have been seeking liquidation.
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.
Jones and Austin, Texas-based Free Speech Systems filed for bankruptcy protection in 2022, when relatives of many victims of the 2012 Sandy Hook school shooting that killed 20 first graders and six educators in Newtown, Connecticut, won lawsuit judgments of more than $1.4 billion in Connecticut and $49 million in Texas.
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