Infowars, the long-standing alt-news media platform spanning 25 years, will be liquidated and auctioned to help pay Sandy Hook families this November.
In June, a bankruptcy trustee filed an emergency motion to shut down Free Speech Systems, the Alex Jones-owned parent company, and liquidate its assets.
A federal judge also ordered the liquidation of Jones’ personal assets earlier this year.
Judge Christopher Lopez approved Jones’ request to convert a Chapter 11 business reorganization bankruptcy to a Chapter 7 personal bankruptcy, ABC News reported.
Jones vowed to continue his show through social media accounts or a new website.
Infowars assets will now be sold off to help pay the more than $1 billion Alex Jones owes to the relatives of victims of the Sandy Hook Elementary School shooting.
The auctions, starting in November, will sell off Infowar’s trademarks, copyrighted material, social media accounts, and websites.
Jones’s personal social 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 he may seek court permission to also liquidate Jones’ personal social media accounts and his other intellectual property.
The issue could develop into another court battle.
As The Daily Fetched reported in June, the families of the Sandy Hook massacre victims petitioned the bankruptcy court to seize Alex Jones’s X account as part of the liquidation of his assets.
In December 2022, Jones filed for personal bankruptcy protection in a Texas court after being ordered to pay an additional $473 million to Sandy Hook families.
This came in addition to the $1 billion Alex Jones was ordered to pay for questioning the Sandy Hook shooting.
Jones described the defamation suit as an attack on his First Amendment rights and apologized to the Sany Hook families.
“I admitted I was wrong. I admitted it was a mistake,” Jones said in December 2022.
“I admitted that I followed disinformation but not on purpose.”
“I apologized to the families. And the jury understood that. What I did to those families was wrong. But I didn’t do it on purpose.”
READ: Alex Jones to Sue FBI, CIA after Video Shows Feds Targeted Him
