• jfengel 8 hours ago

    If Musk wants to pay even more money than The Onion and the Sandy Hook families, fine. The Sandy Hook families will get the money.

    Though I don't know how you conduct a fair auction now that two key bidders' bids have been revealed.

    • linuxftw 8 hours ago

      > The exact bid amount offered by the Onion for InfoWars remains unknown, but it has been reported it was lower than First United American’s bid of $3.5m.

      Sounds a lot like FUA won the auction, but the trustee is playing games. The judge ordered a public auction, the trustee and the creditors don't get to side-step the judge's order because some of them might perceive their actions to be a better outcome.

      • JumpCrisscross 7 hours ago

        > but the trustee is playing games

        Not really. Trustee’s obligation is to the creditors. Some of the creditors agreed to release their claims if it went to a third party. That has monetary value.

        • linuxftw 6 hours ago

          Doesn't matter, that's not what the judge had ordered. Trustees don't decide anything, the judge has the final say.

    • undefined 9 hours ago
      [deleted]
      • skarz 8 hours ago

        [flagged]

        • whoknew1122 7 hours ago

          Civil asset forfeiture is when law enforcement seizes property of someone suspected of a crime.

          Jones was sued and lost. Now his assets are being liquidated to pay off (a small part of) the judgment against him.

          Two entirely different concepts.