InfoWars founder Alex Jones speaks in Waterbury, Conn. Photo: Joe Buglewicz/Getty Images
Alex Jones filed for personal bankruptcy in Texas on Friday, according to a court filing.
Why it matters: The Chapter 11 bankruptcy filing comes after Jones and his company, Free Speech Systems, were ordered to pay almost $1.5 billion in damages for falsely claiming the Sandy Hook mass shooting was a hoax.
Driving the news: The bankruptcy filing said Jones owns between $1 million and $10 million of assets with $1 billion to $10 billion of liabilities.
- Jones’ affiliate business Free Speech Systems is also mentioned in the lawsuit, having filed for bankruptcy in July.
What they’re saying: “Like every other cowardly move Alex Jones has made, this bankruptcy will not work,” said Chris Mattei, the attorney representing the Sandy Hook families, in a statement to Axios.
- “The bankruptcy system does not protect anyone who engages in intentional and egregious attacks on others, as Mr. Jones did. The American judicial system will hold Alex Jones accountable, and we will never stop working to enforce the jury’s verdict.”
Zoom out: A Connecticut jury ordered Jones to pay $965 million in damages to Sandy Hook victims in a defamation