"Trump's Civil Fraud Judgment Bond Slashed to $175 Million on Appeal"

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Source: CNN
"Trump's Civil Fraud Judgment Bond Slashed to $175 Million on Appeal"
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TL;DR Summary

A New York appeals court has given Donald Trump 10 more days to post a $175 million bond as he appeals a civil fraud judgment against him, reducing the amount from over $500 million. This ruling delays the prospect of New York Attorney General Letitia James seizing Trump's property to enforce the judgment. Trump had been struggling to come up with the means to post the original bond amount. The order also stayed the enforcement of several penalties, allowing Trump and his sons to continue running a business in New York and obtaining loans from New York financial institutions for now.

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