Liquidation: Infowars On The Edge | Alex Jones Gives A Bankruptcy Update
Alex Jones to Sell Infowars, Liquidate Assets to Pay Sandy Hook Families $1.5 Billion Settlement – Alex Jones Provides Update. Infowars founder Alex Jones agreed to liquidate his assets to pay the Sandy Hook families for something he said over a decade ago.
Alex Jones will reportedly sell Infowars and liquidate most of his assets to make a dent in the $1.5 billion settlement he was ordered to pay Sandy Hook families.
“Liquidation could mean that Austin, Texas-based Jones would have to sell most of his assets, including his company, but could keep his home and other belongings that are exempt from bankruptcy liquidation. Proceeds would go to his creditors, including the Sandy Hook families.” – CBS News reported.
Alex Jones provided a bankruptcy update on Friday evening. Sandy Hook families previously sought $2.75 trillion in damages – in addition to the $1 billion.
Alex Jones called the defamation suit an attack on his First Amendment rights.
Jones also said he apologized to the Sandy Hook families, but it wasn’t enough.
“I admitted I was wrong. I admitted it was a mistake. I admitted that I followed disinformation but not on purpose. I apologized to the families. And the jury understood that. What I did to those families was wrong. But I didn’t do it on purpose,” Alex Jones said in December 2022.
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