A federal judge ruled conspiracy theorist Alex Jones can keep his primary Austin, Texas residence, but must liquidate everything else to help repay the $1.5 billion settlement he owes to the families of Sandy Hook victims.
Through his right-wing, extremist Infowars media platform, Jones, 50, repeatedly accused the government of staging the 2012 massacre at Sandy Hook Elementary School in Newtown, Connecticut, in an effort to create stricter gun laws.
Jones called the school shooting that left 20 children and six teachers dead a "hoax" carried out with the help of "crisis actors" with fake children, according to the Associated Press.
Several of the family members of the Sandy Hook victims sued Jones for defamation and emotional distress.
The judge has not yet ruled on whether Jones can keep Infowars' parent company Free Speech Systems, or if that must be liquidated as well, CNN reported.
Outside the courthouse Friday in Houston, Jones told reporters the future of Infowars was looking bleak. "This is probably the end of Infowars here very, very soon," but, "it's just the beginning of my fight against tyranny," he said.
According to Axios, Jones has personal assets worth $9 million, and a Texas ranch valued at $2.8 million.