Alex Jones On Brink Of Losing Infowars Amid $1.6 Billion Lawsuit Debt

Jarretera /
Jarretera /

Radio host Alex Jones is facing the potential dissolution of his Infowars media empire as a federal bankruptcy judge prepares to make a crucial decision on Friday regarding the liquidation of his assets. This move is aimed at settling the $1.5 billion he owes due to his false claims about the Sandy Hook Elementary School shooting.

The U.S. Bankruptcy Court in Houston will determine the future of the platform that Jones transformed into a lucrative business over the last 25 years, according to AP reports.

Jones has been informing his audience via his web broadcasts and radio shows that the bankruptcy of Infowars’ parent company, Free Speech Systems, could lead to its closure. He has encouraged his followers to download content from his online archive to preserve it and has directed them to a new website owned by his father’s company for continued access to the dietary supplements marketed on his show.

On his Wednesday broadcast, Jones expressed a somber yet hopeful outlook, stating:

“I think it’s very accurate to say Infowars is a sinking ship. Infowars will live on through all the great work we’ve done, all the reports we’ve filed, through you saving them and you sharing them, and of course I will come back stronger than ever. But I’m going to stay with the ship until it fully sinks. … At the last moment, I will then step onto the next ship.”

The potential liquidation could result in the sale of Jones’ assets to cover his debts and might strip him of ownership over Free Speech Systems, Infowars, and all related social media accounts and copyrights, as reported by Breitbart News.

The specifics of the case are still pending final decisions.

Jones and his Austin, Texas-based company, Free Speech Systems, sought bankruptcy protection in 2022 following the legal victories of Sandy Hook families in Connecticut and Texas, where they were awarded more than 1.4𝑏𝑖𝑙𝑙𝑖𝑜𝑛𝑎𝑛𝑑49 million respectively.

Attorneys for the Sandy Hook families have advocated for the liquidation of Jones’ assets. Chris Mattei, representing the families in the Connecticut case, emphasized the importance of this action, stating, “Doing so will enable the Connecticut families to enforce their $1.4 billion in judgments now and into the future while also depriving Jones of the ability to inflict mass harm as he has done for some 25 years,” according to AP.