Trump to Post $100 Million Bond, Ask to Pause Enforcement of $464 Million Judgment as Letitia James Taunts with Daily Calculator
President Trump will post a $100 million bond and ask for a stay of the $464 million judgment in Letitia James Soviet-style NYC fraud trial.
“The exorbitant and punitive amount of the Judgment coupled with an unlawful and unconstitutional blanket prohibition on lending transactions would make it impossible to secure and post a complete bond,” Trump’s defense lawyers wrote in the filing. “Appellants nonetheless plan to secure and post a bond in the amount of $100 million.”
ABC News reported:
Lawyers for former President Donald Trump are seeking to pause the enforcement of the penalties in his civil fraud trial, telling the court that he intends to post a bond of only $100 million — well short of the $464 million judgment ordered by Manhattan Supreme Court Judge Arthur Engoron.
