by Jim Hoft, The Gateway Pundit:
Elon Musk’s X Corp. has formally objected to selling or transferring any X accounts maintained by Alex Jones or Infowars at auction.
The Onion claims to have purchased Infowars in a bankruptcy auction earlier this month with plans to turn it into a satire website — but the judge overseeing the case has ordered a hearing into how the satire website won.
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According to sources, the Onion was not the actual highest bidder at $1.75 million—Jones’s allies at First United American Companies made the highest bid.
Judge Christopher Lopez of the U.S. Bankruptcy Court in Houston has expressed concerns about the way the auction was conducted, with a rule change that allowed it to go to the non-highest bidder.
“We’re all going to an evidentiary hearing, and I’m going to figure out exactly what happened,” Lopez said at a hearing on Thursday. “No one should feel comfortable with the results of this auction.”
Newsweek reports, “Los Angeles entertainment attorney Tre Lovell said that Lopez may end up blocking The Onion’s purchase of Infowars if the judge rules the sale is not in the best interest of Jones, or if the satirical news publisher is merely trying to make a ‘joke’ out of the bidding process.”
“Jones has a right that his assets not be sold unreasonably as a fire sale or for an illegitimate purpose, but that the process allows the opportunity for bona fide and fair bidding,” Lovell told Newsweek. “If The Onion’s intent is to make a joke of all this and purposefully seek to ruin the asset at the expense of Jones receiving a more fair and reasonable bid, this would be grounds to disallow the sale.”
The sale includes the Infowars studio, website, and social media accounts.
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