Infowars founder Alex Jones denied his companies are bankrupt despite filing for Chapter 11 bankruptcy protection.
Jones on Sunday sought Chapter 11 protection for three of his companies, including his website Infowars, in Victoria, Texas.
"It's a Chapter 11 reorganization in the federal courts, so you can go and show them their books," Jones said during a Monday episode of The Alex Jones Show.
"They can come in and look at your books and know that we don't have $16 million in a secret bank account, or $5 million or $3 million, and know that what has been claimed by the Texas courts that are very political and the Connecticut court is not correct and is not true.
"And whether that's successful or not, in the long term, this will be an issue for the bankruptcy courts one way or another.”
Jones was found liable for damages in a trio of lawsuits last year filed after he falsely claimed that the 2012 Sandy Hook school massacre was a hoax.
The Infowars host claimed the shooting, in which 20 children and six school employees were shot dead at the school in Newtown, Connecticut, was fabricated by gun-control advocates and the media.
A lawyer for Jones has said his client no longer believes the shooting was a hoax, though the families have said the damage has been done, the Washington Examiner reported.
A judge last month held Jones in contempt and fined him $25,000 a day until he sits for a deposition in a defamation lawsuit filed by relatives of the victims of the Sandy Hook school shooting.
Although Jones has said his operation is "essentially making no money" and that all profits go to operational cost, court filings released during his legal battle showed that Infowars' store, which sells dietary supplements and survival equipment, made $165 million in sales between 2015-18, the Examiner reported.
Jones has insisted the "corporate media" is trying to get the court to force him into bankruptcy and push him off the air.
"In fact, if anything, it makes me work harder and value the First Amendment even more," Jones said, Newsweek reported. "That said, my fate is tied to your fate. And this country and this world is in a lot of trouble. And so we're all going to share this misery together."
The Examiner reported that Jones' companies included Infowars, IWHealth, and Prison Planet TV. Infowars claimed it has assets of $0 to $50,000 and liabilities of $1,000,001 to $10 million.
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