On Wednesday morning, conspiracy theorist Alex Jones’ notorious Infowars media empire will go up for auction in a court-mandated sale, and at least one bid is in the “seven-figure” range, a person familiar with the matter told CNN.

Infowars could soon end as Jones sells off assets to pay over $1 billion to families of victims of the Sandy Hook school shooting.

Alex Jones’ inflammatory Infowars franchise will be auctioned off this week to help pay the nearly $1.5 billion Jones owes the families of victims of the Sandy Hook Elementary School massacre, which he spread false conspiracy theories on, a judge ruled earlier this year—as officials consider the fate of his remaining assets.

Jones was ordered to sell off his notorious conspiracy theory platform InfoWars, along with its parent company Free Speech Systems, to help pay off the nearly $1.5 billion he owes in damages to families of victims of the 2012 Sandy Hook school shooting.

Alex Jones revealed on Monday that Infowars, his controversial media platform, will be shutting down operations this Wednesday. Known for his inflammatory rhetoric and conspiracy theories, Jones announced the

The assets of Alex Jones' Infowars are set to be auctioned off next week, and both supporters and detractors of the conspiracy theorist are expressing interest in bidding.

The Infowars auction will raise money to pay a fraction of what Jones owes Sandy Hook families, whose successful defamation lawsuits bankrupted Jones.

During a portion of his Info Wars program, Alex Jones lamented over how his show is being stripped and sold off after a just verdict against him for his lies about Sandy Hook victims and their families. A verdict he described as a "Nazi show trial."

Far-right conspiracy theorist webcaster Alex Jones told his audience Monday that auctioneers are coming to his studio to itemize his equipment and assets, with everything being liquidated — and his Infowars show shutting down Wednesday.