Alex Jones Will Lose InfoWars And His Homes!

The liquidation of Alex Jones.

Winners and losers of 2024.

The lawsuit that requires far right conspiracy theorist Alex Jones to relinquish his assets begins. He owes spousal support for his ex-wife Kelly, the defamation of Sandy Hook families and former employees who were cheated out payments. He also has a federal watch on him for Jan. 6.

In 2022, for Jones's defamatory falsehoods about the Sandy Hook shooting, juries in Connecticut and Texas awarded a total of $1.487 billion in damages from Jones to a first responder and families of victims; the plaintiffs alleged that Jones's lies led to them being threatened and harassed for years. On December 2, 2022, Jones filed for personal bankruptcy.

Jones is expected to relinquish InfoWars, a popular conspiracy theorist platform which he gain a reputation.

He will also relinquish his yacht, vehicles and his Texas ranch outside of Austin.

InfoWars is an American far-right conspiracy theory and fake news website owned by Jones. It was founded in 1999, and operates under Free Speech Systems LLC.

JUST IN: Alex Jones will liquidate his personal assets to pay the families of Sandy Hook victims whom he owes more than $1.5 billion in damages.

This gets way worse for him:

This is officially the END his ownership of Infowars.

Jones had tried to resist filing for bankruptcy… pic.twitter.com/0j36NYDBMm

— CALL TO ACTIVISM (@CalltoActivism) June 7, 2024

"Infowars host and known conspiracy theorist Alex Jones has just moved to liquidate his personal assets to pay the families of the victims of the Sandy Hook massacre." Here's @oliverdarcy breaking the news with @kaitlancollins pic.twitter.com/uu0sOAlNzQ

— Brian Stelter (@brianstelter) June 7, 2024

Tucker Carlson's interview of Alex Jones summed up in 56 seconds: pic.twitter.com/T1Ib7MAgQJ

— Kat Abu (@abughazalehkat) December 9, 2023

VIDEO: Marjorie Taylor Greene Tells MSM Reporter, "F*** Off!" pic.twitter.com/jgyyT95HdL

— Alex Jones (@RealAlexJones) March 6, 2024

In April 2022, it became known the company behind InfoWars had filed for Chapter 11 bankruptcy protection, as had Infowars Health (or IWHealth), against further civil litigation lawsuits. The court filings estimated InfoWars assets at between $0–$50,000, but its liabilities (including from the damages awarded against Jones in defamation suits) was estimated as being between $1 million to $10 million.

Jones said on his program, "At the end of the day, we're going to beat these people. I'm not trying to be dramatic here, but it's been a hard fight. These people hate our children." The next day, the families filed an emergency motion in U.S. Bankruptcy Court in Houston, asking the judge to liquidate Alex Jones's company rather than allow him to reorganize it. The court filing said Jones has “failed to demonstrate any hope of beginning to satisfy” their claims. The motion will be considered on June 14. On June 6, Jones's attorneys filed a motion to convert his bankruptcy to Chapter 7 status, which would lead to liquidation of his personal assets, including his stake in InfoWars.

Jones had asked the Sandy Hook families to vote for a bankruptcy settlement that would have paid them $55 million, but they unanimously rejected the deal.

The Sandy Hook families instead offered their own proposal for liquidating Jones’ assets, and U.S. Bankruptcy Judge Christopher Lopez will consider approving the Sandy Hook families’ plan at a June 14 court hearing.

Because the bankruptcy will likely result in the liquidation of Jones’ assets, Jones would prefer to liquidate his assets in a lower-cost and more streamlined court procedure, according to the court filing.

Lara Logan, Rep. Majorie Taylor Greene (R-GA), Rep. Paul Gosar (R-AZ), former president Donald J. Trump, Forgiato Blow and numerous others appeared on InfoWars.