Summary
A Texas federal bankruptcy judge has ordered an evidentiary hearing to review the auction process that awarded Infowars to satire site The Onion, citing concerns about transparency.
Alex Jones, who owes $1.5 billion to Sandy Hook families, claims the process was “rigged” and expects the site to be returned to him.
Attorneys for Elon Musk’s X Corp. unexpectedly joined the case, with Jones suggesting Musk will play a key role.
Despite the sale proceeding, Jones resumed Infowars broadcasts, while The Onion plans to relaunch the platform as a satire in January. The hearing is set for next week.
Pardon any errors here (Cunningham’s law and all), I was a bit toasty while listening to the knowledge fight episode.
My favorite part of this whole thing is that he’s calling shenanigans because he knows that the high bid didn’t win. And Alex signed documents acknowledging there were other factors.
There were 2 bids. Just 2. And do you know what the high bid was? $3.5 million. That’s it. A paltry sum for his life’s work. The price of a McMansion in California.
https://www.zillow.com/del-mar-ca/houses/
There is a $2.5 million house in there. The McMansions seem to be trending more towards $5+ million.
Unfortunately I don’t think Alex has any rights on any money there
He would care because the money would pay off debts, and if a lower bid was accepted, then less of that debt is paid off. However, apparently the families (the debt holders) agreed to forfeit part of that debt so The Onion’s bid could be accepted.
As is often the case, your lawyers can file any paperwork to try to stop things. Doesn’t mean it will go anywhere. It only delays the inevitable.