Alex Jones’ personal assets to be sold to pay $1.5B Sandy Hook debt. Company bankruptcy is dismissed

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Courts News

Homicide,Crime,Fraud

Conspiracy theorist Alex Jones is facing a court-ordered sell-off of many of his personal assets while the future of his Infowars media platform remains up in the air

Right-wing conspiracy theorist Alex Jones leaves the federal courthouse during a lunch break in a bankruptcy hearing Friday, June 14, 2024, in Houston. A federal judge has ordered the liquidation of Jones′ personal assets. The judge is still deciding on a separate bankruptcy case involving Jones' company. ′ personal assets but dismissed his company’s separate bankruptcy case, leaving the immediate future of his Infowars media platform uncertain as he owes $1.

A trustee appointed Friday in Jones' personal bankruptcy case to oversee the liquidation now has control over his assets, including Infowars, according to lawyers for Sandy Hook families. Outside the courthouse, he railed about the families not accepting his reorganization proposals and alleged that they were being used by political groups in a conspiracy to silence him. He said he would try to maximize revenues at Infowars to make money for creditors and then wind down the business in a way that takes care of its 44 employees.

“Today is a good day,” Mattei said in a text message after the hearing. “Alex Jones has lost ownership of Infowars, the corrupt business he has used for years to attack the Connecticut families and so many others. ... Alex Jones is neither a martyr nor a victim. He is the perpetrator of the worst defamation in American history.”

Many of Jones’ 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 pay debts.

 

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