Alex Jones, the infamous conspiracy theorist, has no more money to peddle Brain Pills and rumors that the U.S. government is turning frogs gay via our tap water. Yesterday, multiple of Jones’ companies including InfoWars, Prison Planet, and IWHealth filed for Chapter 11 bankruptcy as he continues to battle a defamation lawsuit filed by families of victims in the 2012 Sandy Hook Elementary School mass shooting.
According to the filing, InfoWars itself now only has between $0 and $50,000 in assets while owing between $1 million and $10 million. In March, Jones offered to pay each Sandy Hook family $120,000 to settle the case — a bargain they summarily refused, calling it “a transparent and desperate attempt by Alex Jones to escape a public reckoning under oath with his deceitful, profit-driven campaign against the plaintiffs and the memory of their loved ones lost at Sandy Hook.”
