Donald Trump posts $175 million bond in New York civil fraud case
Former President Donald Trump has posted a $175 million bond in the New York civil fraud case, preventing seizure of his assets while the case is under appeal. The case involves a reduced judgment amount from the original $464 million, with the possibility of Trump owing over $450 million if he does not win on appeal.
Key Points
- Trump posts $175 million bond in civil fraud case
- Judgment amount reduced from $464 million to $175 million
- Facing multiple legal challenges including defamation lawsuit and hush money case
- Trump criticizes judge and New York Attorney General Letitia James
Pros
- Prevents seizure of assets during appeal process
- Opportunity to vindicate his rights on appeal
Cons
- Potential financial liability of over $450 million if appeal is unsuccessful