Current:Home > MarketsRekubit-Alex Jones' Infowars set to be auctioned off to help pay victims of Sandy Hook defamation case -MoneyFlow Academy
Rekubit-Alex Jones' Infowars set to be auctioned off to help pay victims of Sandy Hook defamation case
Rekubit Exchange View
Date:2025-04-09 17:46:11
Infowars,Rekubit the media platform owned by conspiracy theorist Alex Jones, and its assets will be sold off this fall to help pay the more than $1 billion he owes the families of the victims of the Sandy Hook Elementary School shooting.
U.S. Bankruptcy Judge Christopher Lopez said in a Tuesday court hearing he would approve the order, which will force Jones to sell off the assets in auctions in November, court records say.
Free Speech Systems, which is Infowar's parent company and owned in totality by Jones, will have its ownership transferred to the trustee overseeing Jones's personal bankruptcy case before being sold off.
Jones has vowed to his supporters that he will continue to produce content even after losing control of his company and has said the assets to Infowars could be bought by his supporters.
A two-year odyssey enters its last stages
Back in 2022, the families of the victims of the Sandy Hook shooting won a defamation case of $1.5 billion after they accused the conservative talk-show host of calling the 2012 shooting which left 20 children and six adults dead, a hoax staged by “crisis actors.”
The effects from this case were felt immediately for Jones, who filed for bankruptcy protection as well as his company.
The families that launched the lawsuit against Jones said they were traumatized by his comments and had been harassed and threatened by Jones' supporters following his comments on his show.
Some were confronted in person and were told by Jones' supporters the shooting had never happened. In one case, a parent suing Jones said one of Jones' supporters threatened to dig up his son's grave.
Liquidation ordered in June
Lopez ordered to convert Jones' bankruptcy reorganization into a liquidation back in June, which means all of his assets will be sold off except his main home and any other exempt property. It is expected that the sell-off auction will begin on Nov. 13, court records said.
Christopher Mattei, a lawyer for the Sandy Hook families in one of the lawsuits against Jones, told the Associated Press the auctions are an important step forward.
“Alex Jones will no longer own or control the company he built,” Mattei said, according to the AP. “This brings the families closer to their goal of holding him accountable for the harm he has caused.”
The items up for sale in November will include Infowars’ trademarks, copyrighted material, social media accounts and websites. However, Jones’ personal social media profiles will not be included in the sale.
Fernando Cervantes Jr. is a trending news reporter for USA TODAY. Reach him at [email protected] and follow him on X @fern_cerv_.
veryGood! (389)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- The Kardashians at the Met Gala: Check out the reality-TV family's 'Sleeping Beauties' looks
- These Candid Photos From Inside Met Gala 2024 Prove It Was a Ball
- F1 Miami food prices circulated lacked context. Here's why $280 lobster rolls were on menu
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Lana Del Rey stuns as ethereal forest nymph in custom Alexander McQueen at Met Gala
- Proof Karlie Kloss Is Looking Met Gala 2024 Right in the Eye
- Only Zendaya Could Make Thin Eyebrows Trendy at the 2024 Met Gala
- A South Texas lawmaker’s 15
- Snoop Dogg gets his own bowl game with Arizona Bowl presented by Gin & Juice
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Shohei Ohtani homers in third straight game in Los Angeles Dodgers' win over Miami Marlins
- US seeks information from Tesla on how it developed and verified whether Autopilot recall worked
- Murder trial opens in death of Detroit-area teen whose disappearance led to grueling landfill search
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Save 50% on a Year’s Worth of StriVectin Tightening Neck Cream to Ditch Wrinkles and Tech Neck
- Tom Selleck on the future of Blue Bloods
- Bodies of missing surfers from Australia, U.S. found with bullet wounds, Mexican officials say
Recommendation
Rylee Arnold Shares a Long
Chrissy Teigen Shares Selfie in Neck Brace Ahead of 2024 Met Gala
Why Kim Kardashian's 2024 Met Gala Sweater Has the Internet Divided
A Colorado teen disappeared in a brutal Korean War battle. His remains have finally been identified.
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Queen Latifah and Partner Eboni Nichols Make Rare Red Carpet Appearance at 2024 Met Gala
Tennessee company fined nearly $650K for illegally hiring minors to clean slaughterhouses
This Mother's Day, share a heartfelt message with these 30 quotes about mothers