Alex Jones no longer on-the-hook for $50 million owed to Sandy Hook families—but he still has $1.25 billion looming over his head

A Texas court on Friday slashed a $50 million judgment that conspiracy theorist Alex Jones was ordered to pay families of the 2012 Sandy Hook Elementary School massacre over his false claims that one of the deadliest mass shootings in U.S. history was a hoax.

The Infowars founder can only be forced to pay about $6 million, the Texas Third Court of Appeals ruled in a unanimous opinion, citing state laws that limit lawsuit damages.

The ruling does not affect a separate $1.25 billion judgment against Jones in Connecticut, where he was also found liable for defaming and causing emotional distress to relatives of the 20 first-graders and six educators killed in the Newtown shooting.

The punishing financial verdicts against Jones and his company, Free Speech Systems, in recent years have forced him into bankruptcy, led to some of his personal property being put up for auction and led to him leaving his Infowars platform.

For decades, he used the platform to push conspiracy theories about the United Nations, the federal government, gun control and more.

Sandy Hook families have yet to collect any money from Jones, who has waged lengthy appeals in state and bankruptcy courts as his company faces liquidation.

He remains on air after moving onto new websites and streaming platforms.

Friday’s ruling did not throw out the trial court’s finding of defamation against Jones.

Still, he called it “a gigantic victory for the First Amendment,” and said he will continue to appeal the case to the state Supreme Court to get the remaining damages thrown out.

“I got lawyers who are good constitutional lawyers and they are not backing down,” Jones said.

Jones has already tried to appeal the Connecticut judgment to the U.S.

Supreme Court but was denied last year .

The decision by the Texas Third Court of Appeals left intact more than $4.1 million in compensatory damages awarded by a jury to Sandy Hook parents Neil Heslin and Scarlett Lewis for defamation and emotional distress.

But it slashed more than $45 million in additional punitive damages down to $1.5 million to comply with the state’s $750,000 cap for each plaintiff.