A New York state appeals court has lowered the bond amount in Donald Trump’s civil fraud case to $175 million while he appeals the ruling. The former president had faced a Monday deadline to post a much higher amount — closer to a half-billion dollars — but Monday’s order gives him 10 days to secure that lower amount.
Trump lawyer Alina Habba said they are “extremely pleased” with the ruling, while New York Attorney General Letitia James said Trump “is still facing accountability for his staggering fraud.”
The appellate court’s intervention Monday is a reminder that the degree of accountability Trump ultimately faces may lie on appeal, even with Judge Arthur Engoron’s staggering ruling against him earlier this year.
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Jordan Rubin is the Deadline: Legal Blog writer. He was a prosecutor for the New York County District Attorney’s Office in Manhattan and is the author of “Bizarro," a book about the secret war on synthetic drugs. Before he joined MS NOW, he was a legal reporter for Bloomberg Law.
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