MyPillow CEO Mike Lindell ordered to pay $5 million after losing a private arbitration case
MyPillow CEO Mike Lindell is facing a tough pill to swallow, as he is now required to pay $5 million to a Nevada resident who accepted his “Prove Mike Wrong” challenge.
Lindell rewarded anyone who could disprove his claim that China interfered in the 2020 US election.
Unfortunately for Lindell, the private arbitration panel found that Robert Zeidman had analyzed the data and proved that it contained no information related to the election.
Despite Lindell’s claims that the arbitrators made a mistake, he has been ordered to pay up within 30 days.
This challenge was initially issued in 2021 in anticipation of Lindell’s cyber symposium in South Dakota.
Lindell had claimed to have evidence of Chinese interference in the election and offered the prize to anyone who could prove him wrong.
Zeidman accepted the challenge and compiled a 15-page report demonstrating that the data did not support Lindell’s claims.
According to the Washington Post, Lindell’s management company initially denied Zeidman’s claim for the prize.
As a result, he had to take his case to the arbitration panel, which ultimately found in his favor.
Lindell, however, is not ready to accept defeat, as he has vowed to take the matter to court.
Nevertheless, this outcome is undoubtedly a setback for Lindell, and how he will respond remains to be seen.
As Lindell’s MyPillow company continues to face scrutiny over his claims of election fraud and his support for former President Donald Trump, this latest development will likely damage his reputation further.
It is unclear how Lindell’s supporters will react to this news, but it is clear that his credibility has taken a significant hit.
Perhaps Lindell should take a cue from his company’s name and “sleep on it” before he decides his next move.