Former President Donald Trump has been trying to avoid having to post a bond for the entire sum in order to hold off collection while he appeals, but courts so far have said no.

A New York appeals court on Monday agreed to hold off collection of former President Donald Trump’s $454 million civil fraud judgment — if he puts up $175 million within 10 days.

If he does, it will stop the clock on collection and prevent the state from seizing his assets while he appeals.

Delay. Delay. Delay.

  • Cryophilia@lemmy.world
    141·
    7 months ago

    This statement is way out of date due to inflation.

    Probably on the order of tens of millions before the bank has a problem. Billions, if it’s one of the bigger banks.