Infowars Auction: Alex Jones' Platform Set for Sale Amid Legal Ruling

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ICARO Media Group
Politics
25/09/2024 22h36

**Alex Jones' Infowars Empire Up for Sale after Court Ruling**

Infowars, the notorious conspiracy theory platform spearheaded by Alex Jones, is set to be auctioned following a Texas bankruptcy judge’s approval. Free Speech Systems, the parent company of Infowars, will have its assets sold off piece by piece beginning November 13, as announced by the overseeing auction house.

The auction will include a wide array of assets tied to Infowars, ranging from its domain and social media accounts to its subscriber lists and broadcasting equipment. The sale aims to help offset the staggering $1.5 billion Jones owes to the families of the Sandy Hook Elementary School massacre victims. This debt emerged after Jones was mandated to compensate for disseminating false conspiracy theories regarding the 2012 tragedy that resulted in 26 fatalities.

Free Speech Systems, exclusively owned by Jones, was incorporated into his personal liquidation process and is now controlled by a court-appointed trustee responsible for arranging the upcoming sale. The company overseeing the auction, ThreeSixty Asset Advisors, emphasized the open nature of the bidding process, allowing any interested party to participate and purchase the assets, provided they meet the financial requirements.

Christopher Mattei, an attorney representing several Sandy Hook families, labeled the judge's decision a crucial advancement towards achieving a fair distribution of Free Speech Systems' assets. He highlighted that the auction symbolizes the end of Jones' ownership and control over Infowars, thereby moving the affected families closer to holding Jones accountable for the inflicted harm.

Interestingly, Jones has hinted at the possibility of allies stepping in to purchase Infowars, implying a continued involvement in its operations even under new ownership. Nevertheless, Jones would still be responsible for clearing his debt to the Sandy Hook families with any subsequent earnings.

The potential for other buyers exists, who might acquire Infowars to prevent its further use as a platform for spreading harmful misinformation. The court-appointed trustee also mentioned plans to liquidate Jones’ other intellectual properties, including a social media account with 2.8 million followers.

Despite the sale, it is evident that the proceeds are unlikely to cover the extensive debt in its entirety. Until the finalization of the sale, Jones remains committed to broadcasting, using the platform to promote merchandise to his followers.

The views expressed in this article do not reflect the opinion of ICARO, or any of its affiliates.

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