A bank recently shut down the accounts of conspiracy theorist Alex Jones’ media company, citing unauthorized transactions — a move that caused panic at the business when its balances suddenly dropped from more than $2 million to zero, according to a lawyer for the company.

The action last week by Axos Bank also exposed worry and doubt at the company, Free Speech Systems, about being able to find another bank to handle its money.

Jones, a conservative provocateur whose Infowars program promotes fake theories about global conspiracies, UFOs and mind control, is seeking bankruptcy protection as he and his company owe $1.5 billion to relatives of victims of the 2012 Sandy Hook Elementary School shooting in Connecticut.

  • aidan@lemmy.world
    link
    fedilink
    arrow-up
    9
    arrow-down
    3
    ·
    1 year ago

    Still insane that one of the largest civil suits in history is over Alex Jones, and not the many times people have died because of gross negligence, or many other terrible things. Alex Jones is not a good guy, but, 1.5 billion???

    • Not A Bird@lemmy.world
      link
      fedilink
      arrow-up
      21
      ·
      1 year ago

      He has paid 0 cents. He spent 93000$ in July for Personal expenses. His net worth is over 14M.

      The Billions is just for show. This guy has faced 0 consequences.

      • aidan@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        Yeah I’m not surprised, my point is just that is a ridiculous amount to be awarded.