On Sunday, a court-appointed bankruptcy trustee indicated plans to close Alex Jones’ Infowars company. However, the trustee emphasized the goal of preventing families who have sued Jones for spreading falsehoods about the 2012 Sandy Hook school shooting from exploiting the situation for financial gain.

The court-appointed bankruptcy trustee, Christopher Murray, has initiated plans to wind down Free Speech Systems, the company behind Infowars, and liquidate its assets to help settle the approximately $1.5 billion owed to families affected by the 2012 Sandy Hook school shooting. Murray’s efforts, however, have faced challenges due to recent attempts by some families to collect on their claims.

Specifically, Neil Heslin and Scarlett Lewis, parents of Sandy Hook victims, sought a court order to seize cash belonging to Free Speech Systems. Murray expressed concern that such actions could disrupt the orderly process of asset liquidation, potentially derailing efforts to repay debts. He appealed to U.S. Bankruptcy Judge Christopher Lopez to prevent what he described as a chaotic and value-destructive “money grab.”

As of June 14, Free Speech Systems’ chief restructuring officer reported that the company held over $6 million in cash and approximately $1 million worth of unsold inventory, primarily health supplements.

On the same day that Christopher Murray assumed control of Alex Jones’ finances, Free Speech Systems (FSS) was discharged from bankruptcy. This dismissal enabled FSS to continue its broadcasting operations but also permitted its creditors to resume their efforts to collect debts owed.

Efforts to reach an attorney representing Neil Heslin and Scarlett Lewis for comment were unsuccessful at the time of the report.

Prior to Free Speech Systems being discharged from bankruptcy, the Sandy Hook families held differing opinions regarding the future of the company.

Families who sued Alex Jones in Connecticut argued that his company should be immediately shut down to prevent him from concealing its cash or undermining its operations internally. Conversely, families in Texas who sued Jones contended that he would ultimately pay more if he retained control of his business rather than selling it off cheaply.

Jones filed for bankruptcy protection in December 2022 following court orders in Connecticut and Texas requiring him to pay $1.5 billion to the Sandy Hook families. This was due to his persistent claims that the Sandy Hook massacre was staged, involving actors as part of a government conspiracy to confiscate firearms. Jones has since acknowledged that the shooting indeed occurred.

Despite attempts, Jones failed to reach a bankruptcy settlement with the families. The judge overseeing his bankruptcy ruled that Jones could not use bankruptcy proceedings to discharge the debt because the legal judgments stemmed from his “willful and malicious” actions.