"Trump's Legal Battles: Bond, Campaign Funding, and Social Media Success"

1 min read
Source: The Associated Press
"Trump's Legal Battles: Bond, Campaign Funding, and Social Media Success"
Photo: The Associated Press
TL;DR Summary

Former President Donald Trump's appeals court reduced the amount he needs to put up to pause collection while he appeals a $454 million-plus judgment in his New York civil fraud case to $175 million within 10 days. The judgment stems from a lawsuit brought by state Attorney General Letitia James, alleging that Trump, his company, and key executives engaged in fraud by inflating his financial statements to secure loans and insurance. Trump plans to swiftly come up with a bond, equivalent securities, or cash, and could potentially reap a windfall from his stock in his social media company, Trump Media & Technology Group Corp.

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