Three entities owned by Alex Jones, including Infowars, filed an emergency request for Chapter 11 bankruptcy on Sun., as the controversial media host faces several lawsuits and estimated liabilities of as much as $10M.
Filing for Chapter 11 allows companies to continue operating while they formulate a plan to save their businesses; it also pauses any pending civil litigation.
Alex Jones is a notorious grifter who has spread damaging conspiracy theories for profit. He even later admitted that the Sandy Hook shooting actually happened and wasn't committed by "crisis actors." Hopefully this will be the end of his dangerous public platform.
The Democrat-funded lawsuits against Jones are a conspiracy to silence him. Infowars offers an alternative to the mainstream media, and thus it has been targeted by the alliance of left-wing radical Democrats and globalists.