The conspiracy theorist Alex Jones has filed for bankruptcy.
Jones, the founder of far-right conspiracy website InfoWars, was sued after he accused relatives of children and teachers who died in the Sandy Hook shooting of being actors who faked the massacre.
The 48-year-old described the shooting as “phoney as a three-dollar bill” and claimed that the whole event was staged in an effort to curb gun rights.
He lost the case in October and was ordered to pay nearly $1bn in damages to the families of the victims.
Twenty pupils, all aged six or seven, and six staff members were killed in the shooting at Sandy Hook Elementary School in Connecticut in December 2012.
Jones was ordered to pay a total of $965m (£791m) in damages.
A court filing showed the conspiracy theorist filed for Chapter 11 protection from creditors with the U.S. bankruptcy court in Houston, Texas stating that he has between $1m and $10m of assets and between $1bn and $10bn of liabilities.
Chapter 11 bankruptcy allows a company or individual to propose a reorganisation plan in order to allow them to keep operating while also paying off their debts.
The controversial host has been been banned from virtually all mainstream social media as a result of his conspiracy theories.
However, he still streams content on his own platform to a devoted online following.
On Thursday Jones made headlines around the world again after having Kanye West on for an interview in which the rapper praised Hitler.
Despite Jones’ social media exile clips of his talk with the rapper were circulated widely, with West’s views on the Nazis prompting widespread outrage.
He said to the rapper: “You’re not Hitler, you’re not a Nazi, so you don’t deserve to be called that and demonised.”
West, whose face was hidden by a black mask throughout the interview, replied: “Well, I see good things about Hitler also.
Who is Alex Jones?
“I love everyone, and Jewish people are not going to tell me, ‘you can love, you know, us’… every human being has something of value that they brought to the table, especially Hitler.”
Originally hailing from Austin, Texas, Jones began working in cable TV in the 1990s where he picked up a cult following thanks to his conspiracy theories.
In 1999 he cofounded the website InfoWars, which became popular in online conspiracy circles, reportedly racking up more than 10 million visits a month in 2017.
However, in the wake of repeated controversies and lawsuits the site’s parent company Free Speech Systems LLC filed for bankruptcy earlier this year.
Along with the Sandy Hook conspiracy theory, he infamously promulgated the “Pizzagate” fake news story, which alleged that a Washington DC pizzeria was at the centre of an international paedophile abuse ring run by Hillary Clinton.