The bankruptcy court determined that the auction for Infowars did not maximize potential value, ruling that bidding should have been more competitive to achieve better bids.
Judge Lopez stated, 'This should have been opened back up for everybody,' implying the trustee's error left considerable potential profits unclaimed.
The Onion aimed to transform Infowars into a platform with less disinformation and was reportedly supported by Sandy Hook families for its bid.
Alex Jones, found liable for $1.5 billion in 2022 for promoting false narratives about Sandy Hook, claimed no collusion in the auction process.
Collection
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