Federal judge blocks sale of Infowars to The Onion
In a written order on Tuesday, the bankruptcy judge overseeing the case said there were issues with the way the auction for the Infowars assets was handled.
In a written order on Tuesday, the bankruptcy judge overseeing the case said there were issues with the way the auction for the Infowars assets was handled.
The Onion agreed to acquire the Infowars trademark, storefront, website and other assets at auction for around $7 million in cash and future income.
The judge overseeing the bankruptcy case involving Alex Jones has expressed concerns over how the auction was handled.
The Onion has emerged as the winner of a blind auction for the trademark and website of Infowars
A mystery bidder has submitted a “seven-figure” wager to obtain the Infowars trademark, studio equipment and other assets, and could keep Alex Jones employed if they win.
The auction is connected to a bankruptcy case involving Free Speech Systems founder Alex Jones.
His personal bankruptcy, which involves Free Speech Systems, is tied to a $1.5 billion judgement awarded in a defamation case two years ago.
The company will be operated by a neutral third-party, court documents said.