ABOVE VIDEO: An appeals court slashed former President Trump’s bond payment on Monday, saying Trump must pay $175 million within the next 10 days.
(FOX NEWS) – An appeals court slashed former President Trump’s bond payment on Monday, saying Trump must pay $175 million within the next 10 days.
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Trump had previously faced a Monday deadline to pay a $454 million bond payment that came as a result of civil fraud allegations from New York Attorney General Letitia James.
A New York Appeals Court, hours before the deadline to post the $454 million, lowered that bond considerably. The court ordered that Trump post $175 million within 10 days.
Trump said he will “abide” by the appeals decision and post the $175 million bond.
If Trump does post the $175 million by the new deadline, it would effectively block James from attempts to seize Trump’s assets as he continues to appeal the judgment by New York Judge Arthur Engoron.
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