InfoWars is about to get a new owner. A Texas judge on Tuesday approved the liquidation of Alex Jones' assets — including Free Speech Systems, the parent company of InfoWars — in order for Jones to pay the $1.

Conspiracy theorist Alex Jones’ Infowars media platform and its assets will be sold off in auctions this fall to help pay the more than $1 billion he owes relatives of victims of the Sandy Hook Elementary School shooting.

The federal judge overseeing Alex Jones’ bankruptcy battle with Sandy Hook families could decide today whether a plan to sell Jones’ Infowars is justified.

A federal bankruptcy judge has ruled that a plan to sell off the assets of Jones' media company, Free Speech Systems, can move ahead. Net proceeds will go to the Sandy Hook families who Jones defamed.