HOUSTON (AP) — A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones ′ personal assets but dismissed his company’s separate bankruptcy case, leaving the future of his Infowars media platform uncertain as he owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
Judge Christopher Lopez approved converting Jones’ proposed personal bankruptcy reorganization to a liquidation, but threw out the attempted reorganization of his company, Austin, Texas-based Free Speech Systems. Many of the Sandy Hook families had asked that the company also be liquidated.
If Free Speech Systems’ bankruptcy reorganization had been converted to a liquidation, Jones could have lost ownership of the company, its social media accounts, the Infowars studio in Austin, and all copyrights as the company’s possessions were sold. Jones smiled as the judge dismissed the company’s case.
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It wasn’t immediately clear what will happen to Free Speech Systems, Infowars’ parent company that Jones built into a multimillion-dollar moneymaker over the past 25 years.
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