>> Continued From the Previous Page <<
Adding to the controversy, X Corp., the parent company of Elon Musk’s platform formerly known as Twitter, has filed a formal objection to the transfer of Alex Jones’ X accounts. These include key accounts tied to Infowars and Jones himself, such as @RealAlexJones and @WarRoomShow.
In its filing, X Corp. argued that the accounts are governed by the platform’s Terms of Service (TOS), which explicitly prohibit the sale or transfer of accounts without its consent. The filing states:
“X Corp. does not consent to the sale or any other transfer of the non-assignable X Accounts, which in turn, means the X Accounts cannot be sold or transferred at this time.”
This legal stance underscores the complex nature of intellectual property rights and platform-specific terms in bankruptcy proceedings.
The auction process itself is under fire. Reports suggest that The Onion may have benefited from a rule change allowing a lower bidder to win. Entertainment attorney Tre Lovell weighed in on the controversy, telling Newsweek:
“Jones has a right that his assets not be sold unreasonably as a fire sale or for an illegitimate purpose. If The Onion’s intent is to make a joke of all this and purposefully seek to ruin the asset at the expense of Jones receiving a more fair and reasonable bid, this would be grounds to disallow the sale.”
The judge’s upcoming evidentiary hearing aims to resolve these issues, potentially overturning the sale if procedural or intent-related violations are confirmed.
Adding a poignant dimension to the saga, The Associated Press reported that families of Sandy Hook Elementary School shooting victims contributed to The Onion’s bid. These families, owed over $1 billion in damages from Jones due to defamation lawsuits, reportedly agreed to relinquish part of their claims to boost the satirical outlet’s offer.
This act highlights the profound impact of Jones’ past statements, which he has since apologized for, on the auction’s dynamics.
Gold at $2,600… But This Stock Gives You More for Under $20
Alex Jones, a polarizing figure in conservative media, has announced plans to challenge the sale in court. Meanwhile, he has launched the Alex Jones Network, signaling his intent to maintain a platform despite ongoing legal and financial battles.
The controversy surrounding the Infowars auction is far from over. With a court hearing on the horizon and major players like X Corp. and The Onion locked in a legal tug-of-war, the outcome could set significant precedents for the intersection of media, satire, and bankruptcy law.
Stay tuned as this high-profile case continues to unfold.
