Right-wing conspiracy theorist Alex Jones on Thursday moved to liquidate his personal assets, agreeing to demands from the families of Sandy Hook victims whom he owes more than $1.5 billion in damages over his lies about the 2012 school massacre.
The seismic move paves the way for a future in which Jones no longer owns Infowars, the influential conspiracy empire he founded in the late 1990s.
Prior to Thursday, Jones had resisted converting his personal bankruptcy into a Chapter 7 liquidation.
Jones technically has not controlled the Infowars business for some time, given that Free Speech Systems has also filed for bankruptcy protection.
But regardless of what happens in that case, Thursday’s legal move sets the stage for a court-appointed trustee to liquidate Jones’ personal assets, which includes his stake in Infowars.
The liquidation of Jones’ assets does not mean that Infowars will cease to exist.
A representative for Jones did not immediately respond to a request for comment Thursday night. »