U.S. Bankruptcy Judge Christopher Lopez has ruled that The Onion’s purchase of Infowars was conducted unfairly after they were named the winner despite not offering the highest bid.
According to sources, the Onion was not the highest bidder at $1.75 million—Jones’s allies at First United American Companies made the highest bid at $3.5 million.
Final Ruling: Judge Lopez criticizes the Trustee and the Auctioneer for the fundamental lot breakdowns and no identity of bidders, final sealed bid didn’t maximize value. Trustee went through unnecessary mental gymnastics to create a bid that all of the Tetrahedron lawyers… pic.twitter.com/XNnmuvLADt
— Jon Bowne (@NewsBowne) December 11, 2024
“I don’t think it’s enough money,” Lopez said of The Onion’s bid in a late-night ruling, according to a report from NBC News. “I’m going…