A major US court ruling allows the asset sale of a well-known conspiracy theorist. Discover the reasons and reactions to the Consp...
A US judge on Friday approved the liquidation of conspiracy theorist Alex Jones' personal assets, setting the stage for the repayment of a fraction of the nearly $1.5 billion in damages he owes families whose loved ones were killed in a school shooting.
But Jones subsequently declared personal bankruptcy in Texas, his home state, in 2022, saying his liabilities far exceeded his private assets that the latest court filings show are worth around $9 million.The judge on Friday allowed Jones to convert his personal bankruptcy case into a straightforward liquidation, which will yield only a small fraction of the damages awarded to the victims' families.
Before the ruling, Jones had been warning his vast right-wing audience that his company was on the verge of being shut down. Jones, widely branded as a misinformation profiteer, appears to have amassed a fortune by successfully merging the conspiracy theories with merchandise and dietary supplements from his InfoWars store.
In his latest posts on X, formerly Twitter, Jones urged his 2.3 million followers to support another website -- Dr. Jones' Naturals -- which offered similar products available on InfoWars.
US Court Decisions Asset Liquidation Public Figure Lawsuits Legal News Controversial Asset Sales
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