MyPillow CEO Mike Lindell broke down in court this week, telling a judge he has no money left to pay the sanctions imposed against him in a defamation case brought by voting technology company Smartmatic.

“I’m in ruins,” Lindell said tearfully during a virtual hearing before U.S. District Judge Carl Nichols on Wednesday, according to a report from ABC News. “I borrowed everything I can. Nobody will lend me any money anymore.”

Lindell was ordered to pay $56,369 in sanctions to Smartmatic, which sued him for defamation in 2022 over his baseless claims that the company helped rig the 2020 presidential election against Donald Trump.

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    2 days ago

    Charlie Munger said Elon bets the farm too often to be investible. And he’s right.