Alex Jones' Infowars Nears Closure as Trustee Plans Asset Liquidation

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Alex Jones' Infowars Nears Closure as Trustee Plans Asset Liquidation
InfoWars founder Alex Jones speaks to the media outside Waterbury Superior Court during his trial on September 21, 2022 in Waterbury, Connecticut. Joe Buglewicz/Getty Images

A US bankruptcy court trustee intends to close down the media platform of conspiracy theorist Alex Jones, Infowars, and sell off its assets in order to contribute towards the $1.5 billion in lawsuit judgments that Jones is obligated to pay.

These judgments stem from his persistent claims that the 2012 Sandy Hook Elementary School shooting was a hoax.

Bankruptcy Trustee to shut Down Ale Jones' Infowars

In a motion filed on Sunday (June 23) in Houston, trustee Christopher Murray publicly stated for the first time his intention to orderly wind down the operations of Infowars' parent company and liquidate its inventory.

Murray, the individual appointed by a federal judge to oversee the assets in Jones' personal bankruptcy case, did not provide a specific timeline for the liquidation process.

According to AP, Alex Jones has been expressing his belief on his web and radio shows that Infowars will continue to operate for a limited period before facing closure due to bankruptcy.

However, he has made a firm commitment to persist with his bold broadcasts through alternative means, potentially on social media platforms. He also mentioned the possibility of another party acquiring the company and allowing him to remain on board to host his shows as an employee.

Murray requested US Bankruptcy Judge Christopher Lopez to swiftly halt the Sandy Hook families' pursuit of the substantial sum owed to them by Jones.

Murray stated that the proposed actions would disrupt his intentions to shut down the parent company, Free Speech Systems in Austin, Texas, and divest its assets, with a significant portion of the funds being allocated to the families.

On Friday (June 21), attorneys representing the parents of one of the 20 children who tragically lost their lives in the shooting in Newtown, Connecticut, requested a state judge in Texas to compel Free Speech Systems, or FSS, to surrender specific assets to the families.

These assets include funds held in bank accounts and the garnishment of FSS's accounts. Court records indicate that Judge Maya Guerra Gamble granted the request, leading to Murray's emergency motion.

Sandy Hook Families' Payments

In his filing, Murray requested a judge to temporarily halt the Sandy Hook families' collection of payments from Jones. He argued that allowing the payments to proceed would disrupt the ongoing process of selling off his parent company, Free Speech Systems, which includes Infowars.

BBC reported that Muray made this decision in response to the efforts of Sandy Hook parents to claim funds from Free Speech Systems, a move that Murray believed would disrupt the company's operations.

According to previous statements, Jones had indicated that Infowars would only be broadcasting for a limited time.

Jones expressed his intention to focus on moving forward and maximizing the financial potential of Infowars to eventually wind down the company.

For years, Jones, 50, has consistently spread the unfounded theory that the Sandy Hook attack was orchestrated as part of a larger conspiracy aimed at restricting gun rights.

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