April 6, 2024
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5:23Now PlayingDonald Trump has a full-blown freakout after he is finally forced to face consequences in his New York civil fraud case by posting his appeak bond. John Iadarola and Abelina Sabrina break it down on The Damage Report.
Read more here:
Trump posts reduced appeal bond in the N.Y. civil fraud case
"Former President Trump posted a $175 million bond on Monday to satisfy the judgment in his New York civil fraud case, a much smaller sum than the initial $454 million.
The big picture: The payment means the presumptive 2024 GOP presidential nominee, who is facing a cash crunch as he fights his numerous legal cases, has likely avoided a worst-case scenario of frozen bank accounts and asset seizure.
A New York appeals court last week reduced the nearly half-billion-dollar bond and extended the deadline by 10 days.
The former president then signaled at the time that he would be able to post the new bond total."
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