Judge Blocks Sale of Infowars to The Onion
Judge Blocks Sale of Infowars to The Onion

Judge Blocks Sale of Infowars to The Onion

News summary

A U.S. bankruptcy judge has blocked the sale of Alex Jones' Infowars to The Onion, declaring the auction process flawed and stating that neither of the bids was sufficient given Jones' significant debts. Judge Christopher Lopez criticized the court-appointed trustee for prematurely soliciting final bids, which prevented further negotiations with a rival bidder linked to Jones' supplement business. Jones, who is facing nearly $1.5 billion in legal judgments related to defamation against the Sandy Hook families, filed for bankruptcy in 2022, forcing the liquidation of his assets. The Onion was initially the winning bidder in November 2024 but faced allegations of collusion and undue advantage. Lopez instructed the trustee to resolve creditor disputes before attempting to sell Infowars again, stating that the auction should have been reopened for more competitive bids. The Onion plans to relaunch Infowars as a parody site in 2025 if the sale proceeds.

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Last Updated
37 days ago
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50% Right
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