Alex Jones warned his viewers that Infowars could close in the coming days as it prepares for the auction of its assets.
The auction arises from Jones’ personal bankruptcy case, which he filed in late 2022 after Sandy Hook families were awarded nearly $1.5 billion in damages in lawsuits in Connecticut and Texas over their claims that the shooting at the school was a hoax.
Potential buyers who were approved after submitting bids and confidentiality agreements will be able to participate in a live auction on Wednesday.
The conspiracy theorist shared on his show Monday that depending on who buys the company, Infowars may have to close.
‘Infowars could close on Wednesday if a hostile buyer puts it into action. “Infowars will continue if the good guys win the auction,” Jones said on X.
Alex Jones warned his viewers that Infowars could close in the coming days when its assets go up for auction.
Everything from Jones’ studio desk (pictured) to the Infowars name, video archive, social media accounts and product trademarks is up for sale.
He noted that teams were taking inventory and preparing for the auction while he was on air.
“On Wednesday afternoon, Infowars, the team… and a bunch of other things are at a federal bankruptcy auction,” Jones said.
‘I saw the auctioneers inside the building, inspecting from the last time they were here to make sure all the things are here.
‘Everything labeled, everything marked, this desk, these tables, this microphone. They’re in the control room right now, that’s how close it is.
Jones has vowed to continue his talk show until the last minute and said he is looking for other means to keep the show alive.
‘The good guys say they’re going to buy it… as the countdown goes, if the bad guys buy this in less than 48 hours, then we’ll know. “I’ll keep streaming until they show up and say they want to shut it down that day,” he said.
Jones filed for bankruptcy in late 2022 after Sandy Hook families were awarded nearly $1.5 billion in damages.
“I’m going to stay on the air until the last minute because we didn’t leave until the last minute.”
Jones has made millions of dollars over the years selling dietary supplements, clothing, survival equipment, books and other items that he promotes on his shows, which air on the Internet and on dozens of radio stations.
It is unclear how much money would be raised by selling Infowars and Jones’ assets, and how much money the Sandy Hook families would get.
Jones has about $9 million in personal assets, according to court documents. Free Speech Systems has about $6 million in cash on hand and about $1.2 million in inventory, according to previous court testimony.
Both opponents and supporters of the fringe Internet show and radio host have expressed interest in bidding on the Infowars properties he has built over the past 25 years. They include Roger Stone, an ally of Jones and Donald Trump, and anti-Jones progressive media groups.
Everything from Jones’ studio desk to the Infowars name, video archive, social media accounts and product trademarks is up for sale. Buyers can even purchase an armored truck and video cameras.
Sandy Hook families were awarded nearly $1.5 billion in damages in lawsuits in Connecticut and Texas over their claims that the school shooting was a hoax.
Jones said the 2012 shooting that killed 20 first-graders and six educators in Newtown, Connecticut, was a hoax organized by crisis actors to spur greater gun control.
For now, Jones’ personal social media accounts, including his X account, formerly known as Twitter, with 3 million followers, are not for sale, but court proceedings are pending on whether they should be auctioned.
The Sandy Hook families sued Jones and his company for defamation and emotional distress for repeatedly saying on his show that the 2012 shooting that killed 20 first graders and six educators in Newtown, Connecticut, was a hoax staged by actors from crisis to spur greater gun control.
The parents and children of many of the victims testified that they were traumatized by Jones’ deceitful conspiracies and threats from his followers.
Jones, who has since acknowledged that the shooting occurred, is appealing the sentences.
