- X Corp argues Alex Jones’ accounts cannot be sold because they are non-transferable and belong to the platform.
- The bankruptcy trustee included the accounts in Jones’ asset liquidation, but X Corp challenged their ownership.
- The objection raises important questions about ownership of digital accounts during legal disputes and their treatment in bankruptcy cases.
Elon Musk’s X Corp. has stepped into Alex Jones’ bankruptcy case by opposing the proposed sale of his social media accounts. The company argues that the accounts are issued under non-transferable licenses and cannot be treated as personal property. This filing adds a layer of complexity to the ongoing effort to liquidate Jones’ assets following a significant defamation judgment.
X Corp Defends Its Ownership of Accounts
X Corp states that social media accounts on its platform are provided as non-transferable licenses and remain under its ownership. For this reason, the objection claims that the accounts cannot be included in the bankruptcy auction as sellable assets. The filing from November 14 reflects the platform’s commitment to maintaining the integrity of its user policies.
Jones’ accounts were previously banned from the platform for violating its terms, but Musk reinstated them after purchasing the company. Despite this reinstatement, the company emphasizes that its objection relates to the ownership structure of accounts and not the content shared by Jones. The objection also stresses that unauthorized transfers could undermine the verification processes critical to ensuring authenticity on the platform. As a result, the company argues that accounts must remain linked to their original users for security and policy reasons.
Legal Complications in Jones’ Bankruptcy
Alex Jones filed for Chapter 7 bankruptcy after being ordered to pay $1.5 billion in damages to Sandy Hook families. The bankruptcy trustee, tasked with liquidating his assets, identified properties and media ventures as well as his X accounts for sale.
This decision led to X Corp’s objection, arguing that the accounts are not legally considered Jones’ personal property and cannot be auctioned. This intervention has complicated the trustee’s efforts to generate funds through asset liquidation.
Jones recently claimed that the auction for his accounts was overturned, but X Corp publicly denied this through statements on its platform. The disagreement highlights ongoing debates about how online accounts are handled during bankruptcy cases.
Questions Surrounding Digital Ownership
The objection raises important questions about the ownership of digital assets and the limits of their use in legal cases. The outcome could set a precedent for how social media accounts are treated during bankruptcy and similar proceedings. How platforms protect their policies while balancing user rights could shape future rulings in this evolving digital landscape.
The post X Corp Blocks Auction of Alex Jones’ Accounts as Elon the “DOGE Father” Steps In appeared first on Crypto News Land.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed