Trump Given 10 More Days To Come up With $175M Bond, Last-Minute Win Over $454M Asset Seizure Threat

Trump was previously ordered to come up with the more than $454 million by Monday

A New York appeals court on Monday granted former President Donald Trump an additional 10 days to come up with a $175 million bond for his civil fraud case - a last minute win ahead of an imminent deadline to post $454 million or potentially see his assets seized, according to reports from outlets including CNN.

"I greatly respect the decision of the appellate division," Trump told reporters assembled for his court appearance in another New York case, adding that he would post the $175 million "very quickly, within the 10 days."

Trump's lawyers indicated in court last week that he was having considerable difficulty finding the $454 million needed amid his appeal of the civil case, in which he has denied wrongdoing.

That figure doesn't include the ever-accruing interest, which raises the total amount due to about $464 million.

New York Attorney General Letitia James had vowed to begin seizing Trump's assets if he failed to meet the deadline.

But on Monday - while Trump was already in another New York court for a hearing in his criminal case concerning hush-money payments to former fixer Michael Cohen - an appeals court ruled that Trump be granted an additional 10 days to come up with the considerably lower sum of $175 million, outlets including CNN reported.

The New York cases - and others facing Trump - come as the presumptive Republican 2024 nominee mounts another run for the White House.

Tags
Donald Trump, Court case, New York
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