Alex Jones agrees to liquidate his assets to pay Sandy Hook families

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Live some breaking news for you tonight. As the Infowars host and known conspiracy theorist, Alex Jones has just moved to liquidate his personal assets to pay the families of the victims of the Sandy hook massacre. Alex Jones owes those families more than $1.5 billion in damages over his repeated lies, and claims that the shooting was a hoax. Joining us now is senior media reporter Oliver Darcy and Oliver. I mean, tell us what's happening here, what this means for Alex Jones. Well, for one, the families are going to hopefully see some money. They haven't seen a dime since these judgments came down, meaning that Alex Jones owes them $1.5 billion for telling this really heinous lie about the Sandy hook shooting back in 2012. It also means that he's no longer eventually going to own Infowars, which is this conspiracy empire that he's used for years and years to peddle all sorts to all sorts of lies and conspiracy theories. He's eventually going to lose control of that. It is a little bit confusing because his company's in bankruptcy court and he's personally in bankruptcy court, but because he owns the company, it's part of his personal assets. This doesn't mean he will lose control of the company. Well, we just played this. We were all watching this moment of him on on Infowars the other day where he was seeming to to to cry about the situation that he was in. I believe my parents. I believe in humanity. I just want to see what you Scobee people. They got to be. Stop. He got up, up some. At the end of the day, we're going to beat these people. I'm talking about the future of this company. I think he sees the writing on the wall there, Caitlin. And he was talking all weekend about how this was likely possible that he was going to get shut down. And now he is agreeing tonight, in court to, liquidate his personal assets, which, again, will mean that he's not going to own this conspiracy empire he's owned since the 1990s and really used to poison the public discourse. Yeah, I don't think he inspires much sympathy with those shares. Oliver. Darcy, thank you for joining us Our media correspondent Hadassah Gold is tracking tracking the story for us. Hadassah. So does this finally mean that Alex Jones will have to pay for years of lying about what happened at Sandy hook? Well, for these families who have already suffered so much and suffered even more because of Alex Jones terrible lies that he was spreading about this massacre that happened to these children, these families have actually not yet seen a single dime. Now, this ruling or this decision to liquidate his assets, this does not mean that tomorrow these families are finally going to see some sort of monetary help in the form of this liquidation of the assets, but it is at least a step in the right direction. Now, as you noted, Alex Jones has been ordered to pay $1.5 billion to these families. This is a combination of rulings that he had been found for defamation, for emotional distress. Now Alex Jones until now had been fighting against the liquidation of his assets. He tried to do other things in bankruptcy, bankruptcy courts, to have them reorganize his assets, reorganize his company. But this was a sort of surprise decision that came late yesterday, where he did ask the court to help him start liquidating his personal assets. Now, the families had requested this instead of to allow this reorganization. They had requested that the court liquidate his assets, especially as there had been reporting by both the Associated Press and the New York Times, that he was continuing to spend lavishly, and also that he was allegedly possibly trying to transfer some of his money to members of his families to keep it out of the hands of the creditors. But it seems that the mounting pressure just got to the point that he recognized he needed to liquidate his assets. We saw hints of this last week on his Infowars conspiracy show. He started to break down in sort of bizarre tears last week, saying that the feds were going to come to shut down his show. But now we know that what this likely was pointing to was the fact that he was going to need to liquidate his assets. I should note, though, that even if all of his assets are liquidated, even if all of the company's assets are liquidated, it is unlikely to reach that $1.5 billion that these families are owed. All right, Hadassah Gold, thanks so much.
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Channel: CNN
Views: 178,274
Rating: undefined out of 5
Keywords: latest news, Happening now, CNN, Kaitlan Collins, The Source, Fredricka Whitfield, CNN Max, Oliver Darcy, Hadas Gold, Alex Jones, InfoWars, Alex Jones Assets, Sandy Hook, Right-Wing Media
Id: wUkUWqUOjGA
Channel Id: undefined
Length: 4min 18sec (258 seconds)
Published: Fri Jun 07 2024
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