Trump posts $175 million bond in NY civil fraud case, pausing asset seizure

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The bond Trump is posting with the court now is essentially a placeholder, meant to guarantee payment if the judgment is upheld.

Republican presidential candidate, former President Donald Trump speaks during the Club Golf Awards at Trump International Golf Course in West Palm Beach, Fla., Sunday, March 24, 2024. , halting collection of the more than $454 million he owes and preventing the state from seizing his assets to satisfy the debt while he appeals, according to a court filing.

If Trump wins, he won't have to pay the state anything and will get back the money he has put up now. Trump denies any wrongdoing, saying the statements actually lowballed his fortune, came with disclaimers and weren't taken at face value by the institutions that lent to or insured him.

 

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