According to multiple sources, Mike Lindell, the CEO of MyPillow, is facing financial and legal troubles due to his role in supporting debunked claims that the 2020 US Presidential election was stolen. Lindell is currently defending himself against defamation lawsuits by voting machine companies, and his lawyers have said that he owes them millions of dollars in fees. Lindell has confirmed that he is out of money and cannot pay his legal bills. He has also stated that he does not plan to file for bankruptcy for himself or MyPillow, and that he will continue to fight to secure elections for the country. Lindells company has faced financial challenges amid the lawsuits and sustained bad publicity, to the point that he can no longer take out any loans. Lindell has also acknowledged that his company was auctioning off equipment and subleasing some of its manufacturing space in Minnesota after several major retailers and some TV shopping networks stopped carrying MyPillow products amid the negative publicity. Lindells legal and financial troubles have reportedly left him unable to pay his legal team for months.