Infowars Sale Approaches as Sandy Hook Families Settle Asset Dispute

Sandy Hook families have reached a deal to divide Alex Jones’ assets, paving the way for the potential sale of Infowars

Infowars Sale Approaches as Sandy Hook Families Settle Asset Dispute
Infowars Sale Approaches as Sandy Hook Families Settle Asset Dispute

Houston: So, the families who sued Alex Jones over his Sandy Hook claims have finally come to an agreement on how to split up his assets. This is a big step toward selling his Infowars platform.

At a recent court hearing, the bankruptcy trustee’s attorney mentioned that this deal will help get things moving again. It’s been a bit of a mess since Jones declared bankruptcy in 2022.

The courts in Connecticut and Texas have already ruled that Jones defamed these families by claiming the Sandy Hook shooting was staged. That was a huge deal, considering the tragedy took the lives of 20 kids and six staff members.

There was some disagreement among the families about how to handle Jones’ assets. The Texas families wanted cash, while the Connecticut families were more focused on shutting down Infowars. This split caused a previous auction to fall through.

The judge overseeing the bankruptcy had to step in when the trustee tried to sell Infowars to the Onion for $1.75 million. He thought they could get a better deal, so he blocked that sale.

Now, under the new agreement, the Texas families will get $4 million, with a portion paid right away. They’ll also receive a share of future payments from the Connecticut families.

A lawyer for the Texas families said they’re now fully on the same page with the Connecticut families. This is a big milestone for them.

The Connecticut families have a much larger claim against Jones, totaling $1.3 billion, compared to the $50 million awarded to the Texas families.

The judge is set to review this new agreement soon, and there’s already talk of new bids for Infowars. It looks like things are finally moving forward.

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