US: Trump supporters are loving the InfoWars bankruptcy auction
US: Supporters and detractors of Alex Jones are fighting for the assets of his Infowars platform, which may be dismantled by a court-ordered auction.
Roger Stone, a longtime associate of Jones and former President Donald Trump, is one of the interested parties and has shown a desire to keep Infowars going.
Jones’ media business was compelled to sell because of the more than $1 billion in defamation lawsuits he faces from the relatives of the Sandy Hook Elementary School massacre victims.
Jones’ notorious platform may come to an end with the next auction, or it might let him to continue airing under new management.
Advocates Unite to Preserve Infowars
Stone, a well-known conservative pundit, has said that he hopes to assemble a group of investors to purchase Infowars, referring to it as a “beacon of the truth.”
With Stone’s help, Jones may be able to continue using the platform in spite of his financial difficulties.
The Infowars brand, video archives, trademarks, and studio equipment—including an armored truck—are among the assets up for sale. Although further court rulings are forthcoming, Jones’ personal social media accounts, including his three million-follower X account, are not currently included in the transaction.
Details of the Bankruptcy and Auction
The sale comes after Jones filed for personal bankruptcy in late 2022 due to the significant defamation judgments he received in Texas and Connecticut for making false allegations that the Sandy Hook massacre in 2012 was faked.
The profits of the sale will benefit creditors, particularly the Sandy Hook family, even if Jones’ Free Speech Systems is worth $18 million.
A live auction for the Infowars assets is scheduled for next Wednesday, and bids are due by Friday afternoon. A second auction will be held in December for any unsold goods.
Critics Want Change
Even Jones’ critics have shown interest in the sale. In an attempt to turn Infowars into a parody website or a forum for dispelling conspiracy theories, progressive media organizations like Media Matters for America and The Barbed Wire are taking bids.
The Barbed Wire’s publisher, Jeff Rotkoff, first urged followers to contribute to a bid by saying, “Let’s Buy Infowars.” He has voiced doubts about his prospects, however, stating that he anticipates being outbid by “well-resourced bidders” with comparable objectives.
Jones is preparing to make sure he can go on transmitting even if he loses Infowars as he waits for the auction to conclude. He has prepared his supporters for a potential change by creating other websites and social media accounts.
“There’s a lot of buyers, people that are patriots that want it and will come in,” he said on his program in August. He also said that if Infowars sells, he will “work with somebody else” to rebuild, expecting just a brief “hiccup” in his business.
