Trustee Intends to Dismantle Alex Jones' Contentious Conspiracy Platform Infowars
Recently, a decision was made by a court that Jones' personal belongings would be seized to settle the roughly $1.5 billion debt he allegedly owes to the families affected by the Sandy Hook tragedy. However, at the time, the court decided not to dissolve Jones' media company, Free Speech Systems (FSS), which owns Infowars, due to the high cost and lengthy process involved.
The withdrawal of the bankruptcy case against the outlet opened the door for the families to pursue Jones' assets, such as Infowars, in state court. Given that Jones is the owner of FSS, a trustee was assigned to oversee the company upon the court's decision.
In a post on Sunday, the trustee indicated that they had started planning to shut down FSS's operations and sell off its inventory. However, the trustee mentioned that these plans were put on hold when a parent of a Sandy Hook victim filed a petition in a Texas District Court to take control of all FSS assets, including Infowars.
Consequently, the trustee requested that the bankruptcy judge grant an emergency stay in the case, allowing them to conduct a systematic shutdown and sale of Infowars in an orderly manner.
In a statement, an attorney representing the Sandy Hook families from Connecticut expressed disappointment with this situation, having advocated for the bankruptcy case to remain active as opposed to being dismissed. The attorney voiced their frustration with the attempt to prevent the orderly dismantling of Alex Jones' Infowars platform, referring to the move by a single set of parents to claim FSS assets.
They emphasized that the families have consistently acted with dignity throughout this process and that they are grateful for the trustee's support in distributing the FSS assets fairly among all affected parties.
Jones, who had previously expressed joy over the court's decision not to dissolve Infowars' parent company, has admitted that the platform may only continue operating for a few more months before undergoing a wind-down. Following the court hearing dismissing the liquidation of his company, Jones stated that he aims to carry on and generate as much revenue as possible for Infowars during this transition period.
Read also:
Despite the trustee's initial plans to dismantle Free Speech Systems and sell its inventory, a court petition by a Sandy Hook victim's parent has halted these actions. This development may significantly impact the future of Alex Jones' controversial media platform, Infowars.
Consequently, the trustee's business strategy, including the sale of Media assets such as Infowars, is currently under review by the Texas District Court.
