Infowars auction could determine whether Alex Jones is kicked off its platforms

2025-01-13 16:01:51 source:lotradecoin regional trading regulations category:Invest

Conspiracy theory purveyor Infowars and most of its assets went on the auction block Wednesday, with Alex Jones waiting to see if he will be allowed to stay or if he will get kicked off its online platforms.

The private auction was being held as part of Jones’ personal bankruptcy, which resulted from the nearly $1.5 billion in defamation lawsuit judgments a judge and jurors ordered the bombastic internet show and radio host to pay to families of victims of the 2012 Sandy Hook Elementary School shooting for repeatedly telling his audience that the Connecticut massacre of 20 children and six adults was a hoax staged by crisis actors.

The bankruptcy trustee was scheduled to open sealed bids at 10:30 a.m. CST and choose the winning bidder or bidders. There was no immediate announcement of the results.

Jones revealed on his show Wednesday that he has been working with a group that put in a bid, but did not provide any details. He said he was concerned the trustee might not choose a bid made by people who support him. Earlier in the week, he stated without evidence that the process appeared “rigged.”

Jones has said that he believes he could remain at the Infowars studios in Austin, Texas, and continue to use its online platforms if supporters win the bidding. But if opponents buy the assets, he said it could be shut down immediately. He said he has set up a new studio, new websites and new social media accounts in case the latter happens.

RELATED COVERAGE Father and daughter win $58,000 in lawsuit against man who claimed Manchester Arena bombing was hoax Caroline Ellison begins 2-year sentence for her role in Bankman-Fried’s FTX fraud Peru arrests the country’s soccer boss as part of a criminal investigation into fraud

Jones said that if his detractors buy Infowars’ assets and shut it down, he would “just drive down the road” and broadcast from a new studio he has set up. He vowed to remain on air in the Infowars studio in Austin, Texas.

Up for sale Wednesday were everything from Jones’ studio desk to Infowars’ name, video archive, social media accounts and product trademarks. Buyers could even purchase an armored truck and video cameras. Any items not sold will be auctioned off next month.

Many of Jones’ personal assets, including real estate as well as guns and other personal belongings, also are being sold as part of the bankruptcy.

Jones, who has since acknowledged that the Sandy Hook shooting did happen, is appealing the defamation verdicts.

More:Invest

Recommend

Lil Durk suspected of funding a 2022 murder as he seeks jail release in separate case

As rapper Lil Durk seeks to be freed from jail on a $3 million bond, prosecutors charging him with a

Atlanta Braves rework contract with newly acquired pitcher Chris Sale

The Atlanta Braves have signed veteran left-hander Chris Sale to a two-year, $38 million contract wi

A Colorado funeral home owner accused of abandoning dozens of bodies may be close to leaving jail

DENVER (AP) — An owner of a Colorado funeral home accused of abandoning nearly 200 bodies in a build