A Texas bankruptcy judge has ruled that Alex Jones' personal assets will be liquidated in order to pay the victims' families in the Sandy Hook shooting defamation case.
Judge Christopher Lopez ruled on Friday that Jones would liquidate his personal assets in a Chapter 7 liquidation, according to the Associated Press. Last week Jones agreed to convert his bankruptcy case to a liquidation. Lopez was hearing testimony later on Friday afternoon on whether Texas-based Free Speech Systems, the parent company for Jones’ media company Infowars, also should be liquidated.
However, Jones' primary home in Austin, Texas as well as some other belongings, will be exempt from liquidation. Jones has moved to sell his ranch worth around $2.8 million as well as a gun collection, and other personal items.
Jones was sued for defamation by the Sandy Hook shooting victims' families. Jones had claimed that the shooting was hoax. He later recanted. Judge Lopez is also expected on Friday to consider the liquidation of Infowars.
A liquidation of Free Speech Systems would mean Jones loses any control of the company. Its assets would then be sold off. He would lose the company’s social media and all copyrights associated with Infowars.
“This is probably the end of Infowars here very, very soon,” Jones told reporters before he went into the bankruptcy court in Houston on Friday. “It’s just the beginning of my fight against tyranny.” Some of Jones’ supporters, such as Roger Stone, have suggested they might buy Infowars.
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