Alex Jones' personal assets to be sold to help pay Sandy Hook debt
Alex Jones' personal assets to be sold to help pay Sandy Hook debtA judge is presiding over a hearing Friday that will decide the fate of Alex Jones' Infowars in Sandy Hook families' quest for justice.A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones personal assets and was still deciding on his company's separate bankruptcy case. The decision could determine the future of his Infowars media platform, as Jones owes $1.
Many of Jones' personal assets will be sold off, but he is expected to keep his primary home in the Austin area and some other belongings that are exempt from bankruptcy liquidation. He already has moved to sell his Texas ranch worth about $2.8 million, a gun collection and other assets to help pay debts.He has been telling his web viewers and radio listeners that Infowars' parent company, Free Speech Systems, is on the verge of being shut down because of the bankruptcy.
Jones has about $9 million in personal assets, while his company has about $4 million in cash on hand, according to the most recent financial filings in court. The relatives said they were traumatized by Jones' comments and his followers' actions. They testified about being harassed and threatened by Jones' believers, some of whom confronted the grieving families in person saying the shooting never happened and their children never existed. One parent said someone threatened to dig up his dead son's grave.
Lawyers for the company filed documents indicating it supported liquidation, but attorneys for Jones' personal bankruptcy case filed a motion Wednesday saying he does not support that plan and wants the judge to dismiss the company's case.
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