Alex Jones to Sell InfoWars to Pay $1.5 Billion Debt

Alex Jones, facing a massive debt owed in defamation judgments for lies he spread about the 2012 Sandy Hook school shooting, told his Infowars listeners on Friday that he has no assets other than money he can make from selling nutritional supplements and continuing to broadcast.

The products “are worthless if I don’t promote them. Our listeners will never buy them from you if I’m gone, no matter how much they love them,” Jones said. “And the rest of the story is I will not sell out or be compromised to stay on the air here and be a puppet.”

Jones tantrum

NBC News reports Jones lashed out at various institutions — the FBI, the CIA, the Democratic Party and the news media — as he claimed he was being unfairly attacked, and was being shut down and silenced.

His comments come after he asked a judge for permission to convert his bankruptcy filing into a Chapter 7 liquidation so that he can sell off his assets to help pay for the $1.5 billion owed to the families of Sandy Hook victims who sued him.

Jones’ attorneys wrote in a court filing Wednesday that “there is no reasonable prospect of a successful reorganization” of his debts. Liquidation of his assets could mean Jones would have to sell his media company, Free Speech Systems, which is also seeking bankruptcy protection.

The plaintiffs also want the company to be liquidated, as they want to see how Jones can fulfill his financial obligations to them, they said in an emergency motion filed this week. A motion hearing was scheduled for next week to review the case.

Jones said Friday on his show that he does not want to work with the chief restructuring officer appointed by the bankruptcy court to oversee his company if that person remains during the liquidation process.