Former President Trump's claim of having nearly $500 million in cash
Former President Trump claims to have nearly $500 million in cash to comply with a $464 million judgment against him in a civil fraud case brought by New York Attorney General Letitia James.
Key Points
- Trump claims to have nearly $500 million in cash.
- He must post the bond for the full amount he owes by Monday.
- Trump plans to bring his appeal before the Supreme Court.
Pros
- Former President Trump claims to have a substantial amount of cash to comply with the judgment.
- Trump plans to bring his appeal of the ruling before the Supreme Court.
Cons
- Trump's lawyers have claimed he has been unable to secure a bond to meet the judgment.
- The amount Trump owes has been increasing by more than $111,000 a day because of added interest.