Alex Jones Seeks Chapter 7 Bankruptcy to Liquidate Assets and Pay $1.5 Billion to Sandy Hook Families

Jun 7, 2024, 05:03 PM

Alex Jones, the far-right conspiracy theorist and founder of Infowars, has agreed to liquidate his personal assets to pay $1.5 billion in damages to the families of the Sandy Hook massacre victims. This decision follows a court ruling that found Jones liable for defamation after he falsely claimed the 2012 school shooting was a hoax. Jones is seeking Chapter 7 bankruptcy, and the liquidation will be court-supervised, including the sale of Infowars, effectively ending Jones' ownership of the media platform. Despite these efforts, the liquidation is expected to raise only a fraction of the amount owed to the families.