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The Onion Infowars auction bid remains in limbo for a few more weeks
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The Onion Infowars auction bid remains in limbo for a few more weeks

A judge on Monday scheduled a hearing for next month on The Onion’s bid for Infowars, leaving the satirical news website’s purchase of Alex Jones’ media company in limbo for at least a few more weeks.

U.S. Bankruptcy Judge Christopher Lopez scheduled a new hearing in December for an unspecified date to decide whether Infowars’ purchase at auction by The Onion and its parent company, Global Tetrahedron, was honest. He also declined to issue a temporary restraining order, at Jones’ request, disqualifying the satirical site’s bid.

“I want a fair and transparent process, and let’s see where that process goes,” Lopez said. “Everyone will have their day in court.”

The Onion announced on November 14 that it had bought Infowars at auction with plans to turn it into a website parodying figures like Jones. The Onion’s bid was supported by some families of the Sandy Hook shooting victims, whose successful defamation lawsuit against Jones forced him into bankruptcy.

But Jones and the losing bidder, First United American Companies (FUAC), accused the trustee overseeing the auction of conspiring with the Onion and Sandy Hook families. FUAC – a company affiliated with one of Jones’ online supplement stores – said it had deposited twice as much money as the winning bid. However, the Onion’s offer included a promise by the families to forgo a portion of the proceeds so that other creditors would get more money than the higher cash offer, which the trustee said was better for the creditors.

Although Infowars was removed the day the auction was announced, it has since been returned to Jones as legal proceedings over the auction process resume, and Jones has continued to broadcast.

X Corp. Elon Musk has also become involved in the case and has filed a summons. As NBC News reported: “X Corp. is believed to be an interested party because Jones uses X to broadcast his show and the case involves the possible transfer of Jones’ X handle in the sale.”

Lopez, the bankruptcy judge, will ultimately decide whether to approve the sale of Infowars to The Onion order a new auction of Infowars’ intellectual property and website, or to award Infowars to FUAC, the backup bidder.