A New York appeals court has blocked the collection of Donald Trump's fraud judgment, ruling that he has 10 days to post a $175 million bond.

Donald Trump was supposed to have to post a $464 million bond by Monday or else the state of New York could begin collecting on the massive civil fraud judgment leveled against him earlier this year. An appeals court bailed him out, blocking collection of the judgment and giving the former president 10 days to post a drastically reduced $175 million bond.

The order is a huge win for Trump, whose assets were going to be subject to seizure if he couldn’t post nearly half-a-billion dollars by Monday. His lawyers said last week he wasn’t going to be able to come up with the money after 30 underwriters rejected him. The New York Times has reported that Trump is expected to be able to scrounge the new, reduced $175 million bond

  • lad
    51·
    8 months ago

    The way this shit goes, I’m not going to be surprised if Trump will declare to be ineligible to be judged on the basis of being a sovereign citizen

        • CaptainSpaceman@lemmy.world
          1·
          8 months ago

          I meant because they are trying to be sovereign from the US of their own accord, therefore adjacent to the US political system and not part of it, again, by their own choosing.

          • lad
            1·
            8 months ago

            Oh, I’m sure he’s apt enough in mental gymnastics to come up with some bullshit reason to run for president while also being absolutely independent from the jurisdiction

    • tygerprints@kbin.social
      312·
      8 months ago

      The sovereign citizens of which there are a surprisingly huge number (I never will know how they got licenses or jobs here since they claim they aren’t actually citizens of our country) would definitely support that.