The Onion has won the bankruptcy auction for Alex Jones’ Infowars, backed by families of Sandy Hook victims, with plans to relaunch it as a satirical site aimed at conspiracy theories.

The satirical news publication The Onion won the bidding for Alex Jones' Infowars at a bankruptcy auction, backed by families of Sandy Hook Elementary School shooting victims whom Jones owes more than $1 billion in defamation judgments for calling the massacre a hoax,

Sandy Hook Elementary School shooting families have been waiting to learn who will control Infowars, the media company formerly owned by conspiracy theorist Alex Jones.