Former President Donald Trump secured a significant win on Monday after an appeals court agreed to lower the required bonds in the president’s civil case.
NEW YORK (AP) — New York appeals court agrees to block collection of Trump's civil fraud judgment if he puts up $175M within 10 days.
— Seung Min Kim (@seungminkim) March 25, 2024
The appeals court agreed to block New York Democrat Attorney General Letitia James from collecting the $464 million bond if the former president put up a $175 million bond within the next ten days.
The news, which came the same day James was supposed to start seizing the former president’s assets, means Trump can now appease Judge Arthur Engoron’s $464 million fine in New York state’s civil fraud case against him.
Trump responded to his latest victory by telling reporters he would abide by the appeals court’s ruling and quickly pay the $175 million bond.
JUST IN – Trump reacts to New York appeals court ruling:
"New York State is being battered by his decision so I greatly respect the decision of the appellate division and I'll post either $175 million in cash or bonds or security or whatever is necessary very quickly within the… pic.twitter.com/PapENsHFU4
— Insider Paper (@TheInsiderPaper) March 25, 2024
“Businesses are fleeing, and crime is flourishing all over the state, and what he’s done is such a disservice and should never be allowed to happen again,” Trump told reporters. “New York State is being battered by his decision. I greatly respect the decision of the Appellate Division, and I’ll post either $175 million in cash or bond or security or whatever is necessary very quickly, within the 10 days, and I thank the appellate division for acting quickly,” he added, before calling Engoron a “disgrace to this country.”
NEW: Donald Trump says he plans on spending money on his own campaign now that the bond in his NY fraud case was dropped from $454M to $175M.
🔥🔥
When a reporter asked Trump about spending money on his own campaign, Trump said "it's none of your business" before opening up… pic.twitter.com/MQEU6SBXgF
— Collin Rugg (@CollinRugg) March 25, 2024
Trump, in a Truth Social post, blasted James and Judge Engoron while claiming that the judge has refused to obey the decision of the Appellate Division relative to the Statute of Limitations.
Tomorrow Trump’s stake in Truth Social will make him over $3 billion richer, the single greatest business day in his entire career. Instagram, Twitter, Facebook et al banning Trump made him billions richer. It was the best thing to ever happen to him: pic.twitter.com/XFTOw22p5Q
— Clay Travis (@ClayTravis) March 26, 2024
“This is a confrontation between a Judge and those that rule above him – A very bad situation in which to place New York State and the Rule of Law! Engoron has disrespected the Appellate Division and its very clear and precise ruling,” Trump said. “He should be made to do so, and at the same time, release the GAG ORDER. This is the 5th time in this case that he has been overturned, a record. His credibility, and that of Leticia James, has been shattered. We will abide by the decision of the Appellate Division, and post either a bond, equivalent securities, or cash. This also shows how ridiculous and outrageous Engoron’s original decision was at $450 Million.”
🇺🇸🇺🇸🇺🇸 pic.twitter.com/RPIQDFNfKw
— Eric Trump (@EricTrump) March 25, 2024
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