"Trump's $464M Bond Failure: Legal Experts Weigh In"

1 min read
Source: The New York Times
"Trump's $464M Bond Failure: Legal Experts Weigh In"
Photo: The New York Times
TL;DR Summary

Donald Trump's lawyers have informed a judge that he is unable to secure a half-billion-dollar appeal bond to stave off efforts to collect a $454 million judgment in his civil fraud case in New York. If he fails to produce the bond by March 25, his properties could be at risk of seizure by the state, and he could face financial disaster and humiliation. This comes amid increased pressure for fundraising as he is the presumptive Republican nominee for president, lagging behind President Biden in campaign funding.

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