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Will The Onion successfully appeal the Infowars auction ruling by March 2025?
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Texas•The Onion•Alex Jones•Infowars•Sandy Hook Elementary shooting•Jones•First United American Companies
Resolution / Starting Odds
Yes • 50%
No • 50%
Court records or official statements from The Onion or the court
Story
Judge Blocks The Onion's Bid to Buy Infowars, Citing Flawed Auction Process
Dec 11, 2024, 03:20 PM
A federal bankruptcy judge in Texas has rejected The Onion's bid to purchase Alex Jones' Infowars, citing a lack of transparency and fairness in the bankruptcy auction process held in mid-November. The judge criticized the bidding for the conspiracy theory platform as flawed and noted that the amount of money families of the 2012 Sandy Hook Elementary shooting stood to receive was insufficient. The Onion, a satirical news outlet, had planned to remove Alex Jones from the platform's studios and relaunch Infowars in January as a parody. The ruling allows Jones to continue operating his far-right media business for now, while the process of selling his assets continues. The other bidder, First United American Companies, had raised concerns about the auction process, alleging illegal collusion.
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Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Judge rules against Jones • 25%
Ongoing litigation • 25%
Judge rules in favor of Jones • 25%
Settled out of court • 25%
No sale approved • 25%
Sale to The Onion approved • 25%
New auction ordered • 25%
Sale to another party approved • 25%
Alex Jones retains ownership • 25%
Auction is redone • 25%
Other outcome • 25%
The Onion wins appeal • 25%