American Express Deals Blow to MyPillow, Lindell Pleads for Assistance

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Source: Insider
American Express Deals Blow to MyPillow, Lindell Pleads for Assistance
Photo: Insider
TL;DR Summary

MyPillow CEO Mike Lindell revealed that American Express's decision to slash the company's credit line has left them crippled. Lindell stated that the credit line was reduced from $1 million to $100,000 without any explanation or reason. This comes after a Minnesota bank terminated Lindell as a client, citing him as a "reputation risk." Lindell's support for former President Donald Trump and his involvement in election fraud claims have impacted his pillow business, leading to significant financial difficulties. Lindell is currently facing billion-dollar defamation lawsuits from Dominion Voting Systems and Smartmatic.

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