If Alex Jones wanted a smaller settlement, he could've chosen to destroy fewer lies, comply with legal orders, or simply not commit any number of his many other legal infractions.
He's desperately trying to weasel his way out of paying any of it back by doing things like moving assets around, leaving companies empty, and then declaring bankruptcy on them. His victims will probably spend the rest of their lives chasing after the compensation they're owed, but perhaps at least taking Jones' branding from him might be punishment for a man like him.