New York, NY – Former President Donald Trump announced his intention to post a $175 million bond within the next 10 days as he appeals a civil fraud judgment against him. The appeals court ruling granted him an extension and reduced the required amount from $464 million. Trump expressed gratitude for the decision and stated his readiness to fulfill the financial obligation promptly.
During a break in a pre-trial hearing in New York, Trump commended the court’s ruling and emphasized his respect for the legal process. He assured that he would meet the revised bond requirement using cash, bonds, or other forms of security within the specified timeframe.
In response to Judge Arthur Engoron’s handling of the case, Trump criticized the judge’s decision to demand the full $464 million payment, labeling it as a severe injustice that should not be tolerated. Trump condemned Engoron, referring to him as a disgrace to the country and accusing him of harming New York State.
When queried about the collateral for the bond, Trump did not provide specific details regarding what assets he would use to secure the multimillion-dollar amount. The legal battle surrounding the civil fraud judgment continues to unfold, with the former president navigating the complexities of the court system.
The legal proceedings involving Trump have garnered significant attention, with implications for both the legal realm and political landscape. As the appeals process progresses, the outcome remains uncertain, with potential ramifications for Trump’s reputation and financial standing.
With the deadline to post the bond rapidly approaching, all eyes are on Trump as he navigates the legal challenges ahead. The unfolding developments in the case have sparked debates and discussions about accountability, justice, and the responsibilities of public figures in the legal realm.