September 25, 2024
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4:06Now PlayingAlex Jones gets rocked with the bad news as U.S. Bankruptcy Judge Christopher Lopez reveals the approval of auction to sell off assets to help pay the $1 billion Jones owes to Sandy Hook families as Infowars gets liquidated and reveals a desperate plot to get assets back through auction. John Iadarola and Sharon Reed break it down on The Damage Report.
Read more here:
Judge to approve auctions liquidating Alex Jones’ Infowars to help pay Sandy Hook families
"Conspiracy theorist Alex Jones ' Infowars media platform and its assets will be sold off piece by piece in auctions this fall to help pay the more than $1 billion he owes relatives of victims of the Sandy Hook Elementary School shooting, under an order expected to be approved by a federal judge.
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."
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