Appeals Court Sides With Trump, Reduces Bond In Civil Fraud Case

An appeals court agreed Monday to reduce Trump’s civil fraud case bond while he appeals the ruling.

If Trump is able to put up the $175 million bond within 10 days, the court agreed to block collection of the judgement, according to the Associated Press. Trump initially faced a Monday deadline to pay the $454 million bond to cover the judgement issued by Judge Arthur Engoron.

Trump’s lawyers indicated in a court filing last week that he would not be able to post bond, writing that “very few bonding companies will consider a bond of anything approaching that magnitude.” His attorneys sought to stay the execution of the judgement.

In response, James argued Trump had not supplied evidence that he would be unable to pay.

“If defendants were truly unable to provide an undertaking, they at a minimum should have consented to have their real-estate interests held by Supreme Court to satisfy the judgment,” the filing stated.

This is a breaking news story and will be updated.

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KATELYNN RICHARDSON

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🚨BREAKING: Trump reveals he is paying newly reduced bond in cash pic.twitter.com/Wiu8bFnYSP

— Benny Johnson (@bennyjohnson) March 25, 2024

🚨 BREAKING: NY Appellate Court reduces Trump bond to $175 million and gives him 10 MORE days to come up with the money.

YOUR THOUGHTS? 🤔 pic.twitter.com/fe9G2vIaSc

— Proud Elephant 🇺🇸🦅 (@ProudElephantUS) March 25, 2024

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