Free Speech Systems, the parent company of Alex Jones’ far-right conspiracy theory website Infowars, filed for bankruptcy protection on Friday.
The move comes as a trial in Texas is underway to determine how much to award the families of two Sandy Hook victims who sued Jones for defamation and won a default judgment against him because he refused to comply with court orders.
Earlier this week, Mark Bankston, the lawyer for the two families, asked the jury to award his clients $150 million in damages — $1 for each person who believes false information about the Sandy Hook shooting that was pushed by Jones.
Bankston did not immediately return Insider’s request for comment.
In the aftermath of the elementary school shooting — in which 26 people were killed — Jones baselessly claimed the incident was staged and accused the people involved of being actors. The Newtown, Connecticut, shooting was the deadliest elementary school shooting in US history.
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