this post was submitted on 14 Jun 2024
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It’s a day of reckoning today for Infowars conspiracy theorist Alex Jones, and a long-awaited culmination for the Sandy Hook families who sued Jones for defamation. A federal bankruptcy judge in Texas is expected to force Jones to liquidate his personal assets, including ownership of his media company, Free Speech Systems, in order to pay families nearly $1.5 billion in damages for spreading lies that the 2012 school shooting never happened.

Jones' influential Infowars show and website could be shut down by the end of the day, and his personal belongings — from his gun collection to his jewelry — could soon be auctioned to the highest bidder in something of a fire sale. He could even lose access to his account on X, where he currently has 2.3 million followers. However, Texas law allows him to keep his home, which is worth more than $2 million.

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[–] Senal 2 points 5 months ago

In this one instance they are actually losing their money, maybe, nearly a decade after the fact. Up until now he's been living it relatively large.

I'd also put money on him still having a significantly higher amount of money to throw around, even assuming he loses the string of appeals and other legal bullshit he's undoubtedly going to pull for probably the next decade.