• TheFogan@programming.dev
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    1 month ago

    If I were to guess, and question the existance of standing, my bet is musk was a bidder when infowars was put for sale. My guess is possibly the families themselves objected and asked the court to take a lower bid, that would do what they actually cared about (Create counter messaging to his blowhard conspiracy theories).

    • thawed_caveman@lemmy.world
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      1 month ago

      Quotes from the article:

      According to Bloomberg, Murray told Lopez that Global Tetrahedron’s bid was a better option because the Sandy Hook families agreed to waive some of the money owed to them in order to pay off Jones’ other creditors. “I’ve always thought my goal was to maximize the recovery for unsecured creditors,” Murray said, per Bloomberg. “And under one bid, they’re clearly better than they were under the other.”

      and

      The only other bid besides the Onion’s was $3.5 million from First United American Companies LLC, the company that operates Jones’ online supplement store.

    • wagesj45@fedia.io
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      1 month ago

      I figured it had to do with the sale of the @realAlexJones twitter handle that was being disputed. I cant remember if that had been settled or not, but I know he was trying to keep it, and the opposing side said it was a business account and should be turned over.

      • ✺roguetrick✺@lemmy.world
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        1 month ago

        That makes sense. Twitter currently reserves the right to decide who gets what handle so court orders saying otherwise would likely ruffle their feathers.

      • Lemminary@lemmy.world
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        1 month ago

        I was born cynical but him making a fuss has other motives but I’m not that clever. Is he trying to become a martyr? He spends thousands per moth, he can afford another set, no? He has hidden money everywhere.

        • wagesj45@fedia.io
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          1 month ago

          He owes a billion dollars. Infowars isn’t worth near that much. Even after the sell, he’ll continue oweing hundreds of millions of dollars until the day he dies.