Alex Jones has extended a $55 million offer to the Sandy Hook families as an attempt to settle a $1.5 billion judgment against him.

Alex Jones, known for his conspiracy theories, has put forward a proposal to compensate the Sandy Hook families who sued him over false claims regarding the 2012 school massacre in Connecticut. This tragic event, one of the most devastating in American history, was distorted by Jones, who alleged it was a hoax.

Following a Texas judge's ruling that denied Jones bankruptcy protection for the approximately $1.5 billion he was ordered to pay the victims’ families, he has offered a structured payment plan. This proposal, outlined in a 30-page document submitted recently, entails an annual payment of at least $5.5 million to be divided among the plaintiffs. Additionally, Jones is willing to allocate a percentage of his personal yearly earnings and a portion of Infowars' revenue. He aims to clear his debt within a decade through these payments.

Avi Moshenberg, representing the families who sued Jones in Texas, noted that this marks the first time Jones has disclosed a plan to recompense the families affected by his actions.

Earlier, the families’ legal team had suggested a settlement starting at $8.5 million per year for a decade. However, this new proposal necessitates approval from the US bankruptcy court for the southern district of Texas, with final hearings set for late February.

Jones had filed for bankruptcy, but a ruling in October deemed bankruptcy protections inapplicable due to his "willful and malicious" conduct. This decision also permitted the families to seek payments for the remainder of Jones's working life. Opting for the new offer from Jones would mean relinquishing that entitlement.

In the aftermath of the 2012 shooting at Sandy Hook elementary school, where 26 individuals, including children and educators, lost their lives, Jones propagated falsehoods about the tragedy. He baselessly claimed it was a ploy to manipulate public opinion on firearms in America, dismissing the victims’ families as "crisis actors."

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