Rep. Ted Lieu, D-Calif., was criticized by billionaire business entrepreneur Mark Cuban after accusing former President Donald Trump of lying about being a billionaire and not being able to secure a $464 million appeal bond.
Trump has not been able to secure the required $464 million appeal bond he needs following a New York civil fraud judgment against him, and his attorneys said in a court filing Monday that obtaining one is a “practical impossibility under the circumstances presented.”
Lieu reposted a story from another media company on the matter yesterday on X.
“Trump claims he is a billionaire. But he can’t pay a $464 million [judgment],” Lieu tweeted. “That means he is lying. How do I know? Math.”
He also tweeted that if bond companies thought the former president had enough assets, they would have provided the bond.
Several people responded to Lieu about his logic, telling him he was wrong, including Cuban.
