It’s All Over for Alex Jones With New Sandy Hook Ruling
A Houston judge has allowed the conspiracy theorist to liquidate his assets to pay his debt to Sandy Hook victims.
A federal judge ruled Friday that conspiracy theory—and supplement—hawker Alex Jones can liquidate his assets in order to pay the $1.5 billion he owes the families of the children murdered at Sandy Hook Elementary.
Jones originally filed for Chapter 11 bankruptcy in 2022, which would allow him to retain operations of his business and use reorganization to scrape together the cash. But it wasn’t enough to pay off what he owed.
Last week, Jones’s lawyers wrote in a filing that there was “no reasonable prospect for a successful reorganization,” and that filing for liquidation under Chapter 7 was the massacre denier’s only option.
On Friday, a bankruptcy judge ruled that Jones would be able to convert that Chapter 11 bankruptcy filing into a Chapter 7 liquidation, according to NBC News. Judge Christopher Lopez of the Southern District of Texas ordered that Jones be assigned an interim trustee to help him through the process and oversee the sale of Jones’s personal assets.
With this newest ruling, Jones inches closer to losing everything, including his stake in InfoWars, the pulpit from which the podcaster has continued to spew misinformation.
The ruling came as Lopez was weighing arguments to liquidate Jones’s media company, Free Speech Systems, in addition to his personal assets.
Ahead of Friday’s hearing, the families of Sandy Hook victims accused Jones of intentionally lowering the value of Free Speech Systems by attempting to siphon funds from the company to his father’s supplement business. They alleged that Jones was saving the money to go toward his future business operations instead of paying them what he owes.
But a unique detail of Jones’s case is that he can’t skirt payments even by declaring bankruptcy. When Lopez presided over Jones’s bankruptcy filing last year, the judge made his debt “non-dischargeable” through bankruptcy, meaning Jones has to continue paying the families until he has fully settled the $1.5 billion debt.
In a video posted to X, formerly Twitter, on Friday morning, the once Twitter-banned Jones warned that the decision to liquidate Free Speech Systems would be a “canary in the coal mine,” as he continued to whine that losing InfoWars as a result of lying about murdered children was a symbol that “the globalists are turning America into a giant prison.”
This story has been updated.