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Alex Jones’ Infowars to be shut down, assets liquidated: bankruptcy trustee
NY Post ^ | 06/24/2024 | Associated Press

Posted on 06/24/2024 12:10:06 PM PDT by ChicagoConservative27

A US bankruptcy court trustee is planning to shut down conspiracy theorist Alex Jones’ Infowars media platform and liquidate its assets to help pay the $1.5 billion in lawsuit judgments Jones owes for repeatedly calling the 2012 Sandy Hook Elementary School shooting a hoax.

In an “emergency” motion filed Sunday in Houston, trustee Christopher Murray indicated publicly for the first time that he intends to “conduct an orderly wind-down” of the operations of Infowars’ parent company and “liquidate its inventory.”

Murray, who was appointed by a federal judge to oversee the assets in Jones’ personal bankruptcy case, did not give a timetable for the liquidation.

Jones has been saying on his web and radio shows that he expects Infowars to operate for a few more months before it is shut down because of the bankruptcy.

(Excerpt) Read more at nypost.com ...


TOPICS: Breaking News; Business/Economy; Constitution/Conservatism; Culture/Society; Government; News/Current Events; Politics/Elections; Your Opinion/Questions
KEYWORDS: 911truth; 911truther; 911truthers; alexjones; assets; bankruptcy; infowars; jones; stalinists; wtc7
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Yikes
1 posted on 06/24/2024 12:10:06 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

Sounds exactly like what we daily accuse Putin of doing.


2 posted on 06/24/2024 12:11:46 PM PDT by PGR88
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To: ChicagoConservative27

I somehow doubt the total value of his assets anything but a small fraction of that total so the real goal here was to shut him down.


3 posted on 06/24/2024 12:12:20 PM PDT by xp38
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To: ChicagoConservative27

Why take his ability to generate wealth in order to make his payments? Oh wait... unless this isn’t about money. This is about silencing him.


4 posted on 06/24/2024 12:12:23 PM PDT by Mathews (I have faith Malachi is right!!! Any day now...)
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To: ChicagoConservative27

Maybe someone can buy the assets intact and set Jones up in business.


5 posted on 06/24/2024 12:18:45 PM PDT by tired&retired (Blessings )
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To: xp38
I somehow doubt the total value of his assets anything but a small fraction of that total

Indeed. I don't know what his bank-account contains, but his studio equipment is worth very little.

What is to prevent Jones from simply start a new podcast under a new name? That costs next to nothing.

6 posted on 06/24/2024 12:19:43 PM PDT by PGR88
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To: xp38

Alex Jones can just start new website called ‘The Real Alex Jones’ and he would recover his audience in a few weeks.


7 posted on 06/24/2024 12:21:11 PM PDT by wildcard_redneck (He who sacrifices freedom for security deserves neither.)
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To: Mathews

BINGO.


8 posted on 06/24/2024 12:21:15 PM PDT by Shady (The Force of Liberty must prevail for the sake of our Children and Grandchildren...)
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To: wildcard_redneck

They would just confiscate it as well.

As long as he owes the judgement, he can own nothing.............


9 posted on 06/24/2024 12:23:01 PM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: ChicagoConservative27

Exactly what the Nazis did in 1930’s Germany (and the communists always do too, silence and destroy any free press and any voicing of dissent)


10 posted on 06/24/2024 12:23:24 PM PDT by faithhopecharity (“Politicians are not born. They're excreted.” Marcus Tillius Cicero (106 to 43 BCE))
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To: xp38
Alex Jones is in bankruptcy liquidation proceedings and Info Wars is being shut down and liquidated.

Of course, Info Wars primary asset is Alex Jones so this is kind of like when Project Veritas ousted James O’Keefe,

11 posted on 06/24/2024 12:23:45 PM PDT by rdcbn1
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To: Red Badger

I wonder if he’ll have to eat bugs? :)


12 posted on 06/24/2024 12:27:00 PM PDT by xp38
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To: xp38

So in today’s woke America a person has freedom of speech unless they try to use it.

The 1700s colonists could say things in favor of King George III and the occupying British, too.


13 posted on 06/24/2024 12:27:22 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: Red Badger
"As long as he owes the judgement, he can own nothing............."

Tell that to OJ.....

Alex could found a philanthropy and the work for that philanthropy for minimal amount and they could do nothing about it.

14 posted on 06/24/2024 12:27:30 PM PDT by wildcard_redneck (He who sacrifices freedom for security deserves neither.)
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To: Mathews

Remember—this can never happen to you—as long as you sit down, shut up, and obey your masters....

:-(


15 posted on 06/24/2024 12:28:22 PM PDT by cgbg ("Our democracy" = Their Kleptocracy)
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To: ChicagoConservative27

This happens to everyone who has a legal judgement against them. See “perfecting the judgement”. The court will provide documentation that will result in a lien against personal and real property that can be sold to pay the judgement.

Nothing to with politics.


16 posted on 06/24/2024 12:29:14 PM PDT by bigbob
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To: ChicagoConservative27

Not saying I agree with Jones but if we start shutting down every site that claims ______ was a hoax we’re closing a lot of sites.


17 posted on 06/24/2024 12:32:34 PM PDT by ealgeone
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To: xp38

Wow. Wonder what a franchise like that is really worth? Tangible assets surely but a fraction of the franchise value.


18 posted on 06/24/2024 12:33:06 PM PDT by xoxox
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To: ealgeone

Most web sites are getting clever—kinda like during the Spanish Inquisition.

Everything is in code.


19 posted on 06/24/2024 12:37:41 PM PDT by cgbg ("Our democracy" = Their Kleptocracy)
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To: cgbg

Complete bull. Free speech no matter how kookie, is guaranteed or offensive


20 posted on 06/24/2024 12:39:13 PM PDT by SteelPSUGOP (UGHT)
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