A U.S. bankruptcy court trustee is planning to shut down conspiracy theorist Alex Jones’ Infowars media platform and liquidate its assets to help pay the $1.5 billion in lawsuit judgments Jones owes for repeatedly calling the 2012 Sandy Hook Elementary School shooting a hoax.

Alex Jones expect Infowars to cease operating at some point because of the huge debt.

“Today is a good day. Alex Jones has lost ownership of Infowars, the corrupt business he has used for years to attack the Connecticut families and so many others,” said Chris Mattei, an attorney for the families. “The Court authorized us to move immediately to collect against all Infowars assets, and we intend to do exactly that.”

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