Infowars Auction - Alex Jones Set to Liquidate Assets to Compensate Sandy Hook Families
Infowars Auction and Asset Liquidation
Alex Jones' Infowars media business is about to be auctioned off to fulfill a $1.5 billion settlement ordered by a Houston court. This significant financial move comes as the far-right conspiracy theorist makes payments to the families of Sandy Hook victims. In a recent ruling, U.S. Bankruptcy Judge Christopher Lopez approved the liquidation of Infowars' assets, which include:
- Social media accounts
- Copyrighted material
- Trademarks held by Free Speech Systems
The auction is scheduled for November, with further sales planned for other assets, including studio equipment. During the hearing, it's essential to note that the control over Free Speech Systems' assets will be under the trustee managing Jones' personal bankruptcy case. This development marks a critical turning point following the defamation lawsuits that have tarnished Jones' financial standing.
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