The Unexpected Ruling on Donald Trump's Civil Fraud Judgment

TLDRA New York appeals court has accepted a smaller bond of $175 million, giving Donald Trump more time to answer the question of whether he has the money to pay. He says he will put up cash, securities, or a bond quickly. The $454 million civil fraud judgment still stands, and Trump could face asset freezes or property seizures if he fails to pay within ten days.

Key insights

🔑A New York appeals court has accepted a smaller bond of $175 million in Donald Trump's civil fraud case.

💰Trump says he has the cash to put up the bond quickly and is confident he can meet the payment.

The question remains whether Trump actually has the money to pay the $454 million civil fraud judgment.

🔒If Trump fails to pay within ten days, his assets may be frozen or seized.

🏦Trump's ability to pay the judgment is still uncertain, but he claims to have a lot of cash and other assets.

Q&A

What is the smaller bond amount accepted by the appeals court?

The appeals court accepted a bond of $175 million, reducing the original judgment amount.

How quickly does Trump plan to put up the bond?

According to Trump, he plans to put up the bond quickly with cash, securities, or a bond.

Is the $454 million civil fraud judgment still in effect?

Yes, the judgment still stands, and if Trump fails to pay within ten days, his assets may be frozen or seized.

Does Trump have the money to pay the judgment?

The question of whether Trump has the money to pay the judgment remains uncertain.

What are the potential consequences if Trump fails to pay?

If Trump fails to pay within ten days, his assets may be frozen or seized by the court.

Timestamped Summary

00:07A New York appeals court has accepted a smaller bond of $175 million in Donald Trump's civil fraud case.

00:24Trump says he has the cash to put up the bond quickly and is confident he can meet the payment.

02:01The $454 million civil fraud judgment still stands, and if Trump fails to pay within ten days, his assets may be frozen or seized.

03:29The question of whether Trump has the money to pay the judgment remains uncertain.

06:56If Trump fails to pay within ten days, his assets may be frozen or seized by the court.