Donald Trump's Civil Fraud Case Ruling
A state appeals court ruled that Donald Trump and his co-defendants in the New York civil fraud case have 10 days to post a $175 million bond, down from the $464 million judgment that was originally due Monday. Trump celebrated the ruling on social media and plans to quickly post the bond.
Key Points
- State appeals court ruling reduced Trump's bond amount in the civil fraud case.
- Trump plans to quickly post the $175 million bond.
- Court decisions also affect prohibitions on Trump and co-defendants.
Pros
- Donald Trump's bond amount reduced from $464 million to $175 million.
- Trump has 10 days to post the bond, offering financial relief.
- Court decision allows Trump to avoid immediate collection by the state Attorney General.
Cons
- Trump's owed amount was increasing by more than $111,000 a day due to added interest.
- Trump's lawyers struggled to secure the required bond amount.
- Trump still faces accountability for fraud despite the ruling.