Former President Donald Trump announced that he posted the $175 million bond in the New York civil fraud case he is appealing. The bond amount was lowered from the original $454 million judgement after Trump successfully appealed to lower the amount to $175 million.
Trump stated on Truth Social last night:
I’ve just posted a 175 Million Dollar Bond with the sadly failing and very troubled State of New York, based on a Corrupt Judge and Attorney General who used a Statute that was never used for this before, where no Jury was allowed, my financial statements were conservative and had a 100% perfect caution/non-reliance clause, there were no victims (except me!), there was no crime or damage, there was only success and HAPPY BANKS. The case was a fabricated ELECTION INTERFERENCE con job, so bad for New York, where businesses are fleeing & violent crime is flourishing. The Crooked Judge, to suit his narrative, valued Mar-a-Lago, in Palm Beach, Florida, at $18,000,000, when it is worth 50 to 100 times that amount. He ruled I was guilty before he ever saw the case. He should be disbarred, and Letitia James, who campaigned on getting TRUMP, Impeached. Also posted a 91 Million Dollar Bond on another New York Fake Case, money I can’t use on my campaign. Just what Crooked Joe wanted. WITCH HUNT!
The $175 million bond prevents the state of New York from seizing Trump’s assets and allows Trump to move forward with his appeal of New York State Judge Arthur Engoron’s February 16 penalty.