New York appeals court has given Donald Trump 10 more days to post his bond as he appeals the civil fraud judgment against him and cut the amount necessary to $175 million.

It’s a major lifeline for the former president, who, along with his adult sons and his company, were fined more than $464 million, including interest, after Judge Arthur Engoron found Trump and his co-defendants fraudulently inflated the value of his assets.

The ruling staves off the prospect, for now, of New York Attorney General Letitia James seeking to seize the former president’s property to enforce the judgment against him. Trump had been struggling to come up with the means to post a bond of more than $500 million, the total that he would have needed before Monday’s appellate decision.

The ruling stated that the $175 million bond will be in place until at least September, meaning James won’t be able to seek to enforce the judgment against Trump until then.

  • givesomefucks@lemmy.world
    link
    fedilink
    English
    arrow-up
    5
    ·
    edit-2
    1 year ago

    I really shouldn’t take the time to explain because I can already tell from your comment this won’t be productive…

    But:

    The point you missed was how punishment is wildly disproportionate, so in lots of places, a couple ounces of pot would get higher sentences for all those crimes you rattled off.

    And the people who are arrested for a few ounces of pot, rarely have the money for lawyers to get out of it.

    I really didn’t think it would be hard to infer any of that, but man have I been overestimating Lemmy recently. It really feels like the longer this goes on, the more hand holding needs done in comments.