"Trump Posts $175 Million Bond to Appeal Civil Fraud Verdict"

Donald Trump has posted a $175 million bond in his New York civil fraud case, preventing the state from seizing his assets while he appeals the more than $454 million he owes. The bond is a placeholder to guarantee payment if the judgment is upheld, and if Trump wins, he won’t have to pay the state anything. The bond was posted after a New York appellate court lowered the required amount, and the underwriter for the bond is Knight Specialty Insurance. Trump is fighting to overturn a judge’s finding that he lied about his wealth, and the appeals court is set to hear arguments in September.