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Joined 7 months ago
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Cake day: May 28th, 2024

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  • The claim I’m hearing is that the rules of the auction were changed at the last minute; it went from a regular auction to an anonymous “sealed bid” auction, where bids had to be placed the week prior. The sealed bids were put before the judge, and there were higher bids than Onion (a laughable $200K), but the people running the auction choose The Onion as the winning bid, anyway. The higher bids were by conservative groups, to buy InfoWars & keep it running. The Onion was chosen to assume ownership for purposes of humiliation & brand destruction, even though they only bid $200K.

    This court case is a reaction to people running an auction based on how they feel, allegedly. Liquidation auction efforts, logically, should pursue the option that pays out the most money.