Dec 11, 2024, 6:00 AM
Dec 11, 2024, 6:00 AM

Judge blocks sale of infowars, preserving alex jones' platform

Provocative
Highlights
  • A federal judge rejected the auction sale of Infowars to The Onion due to flaws in the bidding process.
  • The ruling emphasizes concerns for the financial recovery of Sandy Hook families amid Jones' ongoing bankruptcy case.
  • Jones has celebrated the decision, leaving the door open for more auction discussions while seeking to maintain his media presence.
Story

In the United States, a federal judge ruled against the auction sale of Alex Jones' Infowars to The Onion, a satirical news outlet. The decision came after a court hearing on December 10, 2024, where the judge criticized not only the bidding process but also the monetary implications for the families of Sandy Hook victims, who are seeking compensation from Jones. The judge cited that the auction, which favored The Onion's lower cash offer over a higher bid from First United American, left too much financial responsibility on the table for the victims' families. The sale was a part of Jones' bankruptcy case, which arose from nearly $1.5 billion in defamation judgments across Connecticut and Texas against him for spreading conspiracy theories about the 2012 Sandy Hook Elementary School shooting. Parents of the victims testified that Jones’ claims had caused them severe distress, which contributed to the monumental legal judgments against him. In the November 14 bidding process, The Onion was deemed the winning bidder; however, the subsequent ruling has kept the control of Infowars in Jones' hands for the time being. Despite the judge’s concerns about the auction proceedings, Alex Jones reacted positively to the ruling, describing it as a victory against what he called a “fraudulent auction.” Jones emphasized that he was not interested in further auctions and left the next steps to the trustee overseeing the bankruptcy case. His attorney pointed out that the potential for appealing the judgments could alter the financial implications for the Sandy Hook families who had participated in the bid. As part of the auction proposal, The Onion's offer had a provision where the Sandy Hook families would relinquish $750,000 of the proceeds for the benefit of other creditors. This pledge, which was instrumental in valuing the winning bid at $7 million, highlighted the complexity of the financial arrangements involved in this high-profile bankruptcy case. The trustee acknowledged objections from the Sandy Hook families regarding First United American's last-minute revised bid, further complicating the situation. Overall, the judge's ruling not only complicates Jones' financial recovery but also raises questions about how victims will ultimately receive compensation for the harm they suffered due to his actions. Jones, who has prepared for the possibility of being ousted from Infowars, has indicated he could maintain his media presence despite any changes in ownership. The ongoing bankruptcy proceedings will dictate how much of the sale proceeds will effectively contribute to settling the judgments against him in favor of the Sandy Hook families and how future media operations under his brand will be managed.

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