Nov 25, 2024, 12:00 AM
Nov 25, 2024, 12:00 AM

Bankruptcy judge to decide if Infowars auction was fair

Highlights
  • The sale of Infowars to The Onion is contingent on approval from a bankruptcy judge.
  • Jones and a losing bidder claim that the auction process was unfair and potentially manipulated.
  • A hearing will determine the legitimacy of the auction process and could affect the future of Jones' company.
Story

In November 2024, a federal bankruptcy judge called for a hearing to assess whether the auction process that led to the sale of Alex Jones' Infowars company to The Onion was fair. Jones, who faces serious accusations stemming from his dissemination of false information regarding the Sandy Hook shooting, believes there has been collusion among the winning bidders and the U.S. trustee overseeing the auction. The Onion's offer of $1.75 million is seen as valid partly due to concessions made by Sandy Hook families in terms of financial compensation. The controversy may lead to different outcomes, including potentially overturning the sale to allow Jones a chance to retain some control over Infowars as an employee of new owners. The upcoming hearing intends to clarify these allegations and enforce the integrity of the auction process.

Opinions

You've reached the end