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TRUMP WINS

Judge Reduces Bond From $454M To $175M As He Appeals Fraud Ruling

Republican presidential candidate former President Donald Trump speaks at a Get Out The Vote rally at Coastal Carolina University in Conway, S.C., Saturday, Feb. 10, 2024. (AP Photo/Manuel Balce Ceneta)

A New York appeals court on Monday temporarily stopped the clock on the looming enforcement of a multimillion-dollar judgment against former President Trump and his company over deceitful business practices.

In a terse order, a state appeals court panel said it would pause the enforcement of the $464 million judgment against Trump, the Trump Organization and top executives, plus interest, if within ten days they post a $175 million bond.

The pause comes after Trump’s lawyers admitted Monday that, despite “diligent efforts,” it would be “impossible” for the former president to secure a full appeals bond due to lack of cash on hand.

Read the full story at The Hill.

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