Alex Jones' Infowars Set to Shut Down Amid Bankruptcy Proceedings

[Social Media]

 

Infowars, the notorious media outlet operated by conspiracy theorist Alex Jones, is facing an imminent shutdown and sale, as revealed in an emergency court filing by a bankruptcy court-appointed trustee on Sunday. This move marks the potential end of a far-right platform widely known for spreading misinformation and controversial conspiracy theories.

 

Earlier this month, a bankruptcy judge ruled that Jones’ personal assets would be liquidated to help pay off nearly $1.5 billion owed to the families of the Sandy Hook massacre victims. This ruling came as part of the aftermath of Jones’ false claims about the 2012 school shooting, which had devastating impacts on the affected families. However, at that time, the judge decided against liquidating Jones’ media company, Free Speech Systems (FSS), the parent company of Infowars. The judge's decision was partly based on the anticipated costs and lengthy process involved in liquidating the company.

 

With the bankruptcy case against FSS dismissed, the Sandy Hook families gained the ability to pursue Jones’ assets, including Infowars, through state court proceedings. As Jones remains the owner of FSS, a court-appointed trustee was assigned to manage the company's affairs.

 

Since his appointment, the trustee has been preparing to shut down FSS and liquidate its inventory. However, this plan hit a snag when one of the Sandy Hook victim’s parents filed a motion in a Texas District Court seeking custody of all FSS assets, including Infowars. This move prompted the trustee to request an emergency stay from the bankruptcy judge to allow an orderly wind-down and sale of Infowars.

 

Christopher Mattei, an attorney representing the Sandy Hook families from Connecticut who supported the liquidation of the company, expressed disappointment over the latest development. “This is precisely the unfortunate situation that the Connecticut families hoped to avoid when we argued that the Free Speech Systems/InfoWars case should have remained with the bankruptcy court rather than being dismissed,” Mattei stated. He emphasized that the families had consistently aimed for a fair and orderly resolution and were grateful that the Chapter 7 Trustee had filed a motion advocating for an equitable distribution of FSS assets.

 

Jones, who had previously expressed relief over the judge's decision not to liquidate Infowars’ parent company, acknowledged that Infowars might continue broadcasting for only a few more months. Speaking outside the courthouse following the dismissal of his company’s liquidation, Jones said, “I’m going to try to move forward and maximize the amount of money we can make at Infowars to then have a wind-down.”

 

The unfolding events mark a significant turn in the long-standing legal battle surrounding Alex Jones and his media empire. The planned shutdown and sale of Infowars could bring a definitive end to one of the most contentious and controversial platforms in contemporary media, closing a chapter that has seen widespread dissemination of falsehoods and the consequent suffering of many, particularly the Sandy Hook families.

 

Credit: CNN 2024-06-25

 

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[stoner]

why is he always yelling at me ? 

 

 

[Tug]

Good I hope he becomes a homeless BROKE raving lunatic.one out of 3 so far!

[gargamon]

Oh my. Where are the right wing loonies going to get their conspiracy theories from? And where are they going to buy their doomsday seeds? And their useless supplements? Oh my.

[John Drake]

3 hours ago, Tug said:

Good I hope he becomes a homeless BROKE raving lunatic.one out of 3 so far!

 

If he owns a home and a car in Texas, those are exempt from bankruptcy liquidation. He gets to keep them.  

 

Here is a pdf: https://tiagotx.com/wp-content/uploads/2017/01/The-Texas-Homestead.pdf

[bendejo]

I sure hope he doesn't have to go back to providing services in truck stop parking lots.

 

Maybe he should expatriate. A place where the bread is cheap and the shopping carts are better.

https://www.businessinsider.com/tucker-carlson-shopping-cart-russia-2024-2?op=1

 

[herfiehandbag]

4 hours ago, gargamon said:

Oh my. Where are the right wing loonies going to get their conspiracy theories from? And where are they going to buy their doomsday seeds? And their useless supplements? Oh my.

Oh don't worry, it's like whack-a-mole, another one will pop up!

[simple1]

8 hours ago, gargamon said:

Oh my. Where are the right wing loonies going to get their conspiracy theories from? And where are they going to buy their doomsday seeds? And their useless supplements? Oh my.

 

trump