Alex Jones’s Personal Assets Will Be Sold to Pay Sandy Hook Families, Federal Judge Rules

5Mind. The Meme Platform
The Epoch Times Header

A federal judge on Friday ordered the liquidation of political commentator Alex Jones’ personal assets.

A federal judge on Friday ordered the liquidation of political commentator Alex Jones’s personal assets to pay families of the victims of the Sandy Hook Elementary School shooting.

U.S. District Judge Christopher Lopez is still deciding on a separate bankruptcy case involving Mr. Jones’s company, leaving the future of the InfoWars platform in doubt.

The judge approved converting Mr. Jones’s proposed personal bankruptcy reorganization to a liquidation. He planned to hear testimony on whether his company, Austin, Texas-based Free Speech Systems, also should be liquidated. Free Speech Systems is Infowars’ parent company.

The ruling Friday means many of Mr. Jones’s personal assets will be sold off. But his primary home in the Austin area and some other belongings 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.

Mr. Jones and Free Speech Systems filed for bankruptcy protection in 2022 after relatives of many victims of the 2012 school shooting in Newtown, Connecticut, won lawsuit judgments of more than $1.4 billion in Connecticut and $49 million in Texas against Mr. Jones and his company.

Alex Jones Responds

Ahead of the ruling, the InfoWars host has been telling his viewers that his company is on the verge of being closed down due to bankruptcy.

“I think it’s very accurate to say Infowars is a sinking ship,” Mr. Jones said on his show Wednesday, ahead of the judge’s ruling. He added that the site will “live on through all the great work we’ve done, all the reports we’ve filed, through you saving them and you sharing them, and of course I will come back stronger than ever.”

And before the judge’s ruling on Friday, he told reporters at the courthouse that it’s “probably the end of Infowars here very, very soon” but is the “beginning of my fight against tyranny.”

In a Friday social media post, Mr. Jones responded to reports that the Sandy Hook families are aiming to file a lawsuit to seize his social media accounts by saying that the accounts are his “personal thing.”

By Jack Phillips

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

A Defining Moment: Will Populist Promises Collapse New York City?

New York City elected a candidate promising rent freezes, free transit, universal childcare, and higher corporate taxes—pledges that may clash with fiscal reality.

Child-Diddling Migrant Invokes Curious ‘I Thought She Was My Wife’ Defense

Convicted of groping a sleeping schoolgirl on a flight, Javed Inamdar offered bizarre defenses that made O.J. Simpson’s glove excuse seem credible.

What’s The Real Reason Why The Economist Wants Europe To Spend $400 Billion More On Ukraine?

The Economist urges Europe’s elites to fund Ukraine’s $390B recovery, arguing it’s cheaper than facing the costs of inaction over the next four years.

Fourth and funded: The business of buyouts

Through week ten of the college football season, the ledger on what universities owe their former coaches in buyouts was nearly $185 million. 

Deflating Portland: Why Antifa Went from Black Blok to Inflatable Costumes

Antifa's transformation from militant to mascot is so absurd it's almost comedic. Yet beneath the humor lies something calculated. It’s all about optics.

ICE Arrests 1,505 Alleged Criminal Aliens in New Texas Operation

ICE authorities in Houston arrested 1,505 alleged criminals, including illegal immigrants, transnational gang members, foreign fugitives, and other offenders.

Musk’s $1 Trillion Pay Package Is Due for a Vote on Thursday. Here’s What to Know

Tesla shareholders are set to vote Thursday on a proposed pay package for Elon Musk that could potentially make him the world’s first trillionaire.

Moderna Projects Lower Revenue in 2025 Due to Flagging COVID-19 Vaccine Sales

Moderna on Nov. 6 revised its revenue projections for 2025 after third-quarter sales plummeted from a year prior.

Trump Admin Must Fully Fund Food Stamps for November: Judge

The Trump administration must pay the approximately $9 billion to fully fund food stamps for November, a federal judge ruled on Nov. 6.

Trump to Host Central Asian Leaders as US Shores Up Critical Mineral Supply

President Trump is hosting Central Asian leaders at the White House on Nov. 6, amid fast-tracked efforts to de-risk supply chains from China.

Trump Drafting Executive Order on Election Integrity After Alleging Ballot Fraud in California

White House press secretary Karoline Leavitt said an executive order is being drafted to strengthen U.S. elections and curb mail-in ballot fraud.

Trump Re-Nominates Jared Isaacman for NASA Administrator

Trailblazing civilian astronaut Jared Isaacman is once again President Donald Trump’s choice for NASA’s administrator.

US Agencies Terminate 103 Wasteful Contracts With $4.4 Billion Ceiling Value: DOGE

Government agencies canceled 103 wasteful contracts worth $4.4 billion, saving $103 million in five days, according to the Department of Government Efficiency.
spot_img

Related Articles