A U.S. bankruptcy judge is hearing arguments for and against selling the show to The Onion, the satirical news site named the winning bidder. Host Alex Jones says the auction was rigged.
The Onion's bid came out on top, but a bankruptcy judge must sign off on the sale. Conspiracy theorist Alex Jones and the losing bidder says the process was "rigged" against them.
The Onion thought it had the last laugh when it was named the winning bidder after last week's bankruptcy auction. Now, Jones says that bid was "fake dollars" and wants a judge to disqualify it
The sale must be approved by a bankruptcy judge. Proceeds will go to paying down the $1.5 billion debt that Jones owes families of Sandy Hook Elementary School shooting victims who won two defamation suits against him.
Live bidding will be private, and the future owner of Jones' company will be public once court papers are filed. The proceeds will go to pay Sandy Hook families who won defamation cases against Jones.
A federal bankruptcy judge has ruled that a plan to sell off the assets of Jones' media company, Free Speech Systems, can move ahead. Net proceeds will go to the Sandy Hook families who Jones defamed.
Alex Jones' personal spending is frustrating families who are trying to collect on the $1.5 billion in judgments against him for calling the 2012 Sandy Hook elementary school shooting a hoax.