Alex Jones Moves to Liquidate Assets Amid $1.5 Billion Sandy Hook Penalty

The conspiracy theorist seeks court approval to convert his bankruptcy reorganization to liquidation, aiming to sell assets to pay the families.

Jones owes $1.5 billion to Sandy Hook families for defamation and harassment.
He is requesting to switch from Chapter 11 reorganization to Chapter 7 liquidation.
Liquidation could involve selling most of his assets but allows him to keep his home.
The Sandy Hook families are also pushing for the liquidation of Jones' media company, Free Speech Systems.
A court hearing on the matter is scheduled for June 14 in Houston.