Trump Gets a Break from NY Appeals Court, Which Rules He Only Has to Fork Over $175M Within 10 Days

AP Photo/Mary Altaffer, Pool

On the day he was required to pay nearly half a billion dollars bond in his civil fraud judgement, former President Donald Trump was given a partial reprieve on Monday by a New York appeals court. Trump now has ten days to pay a fraction of the full amount, $175 million.

Trump was originally ordered to pay $464 million by March 25 or risk the seizure of his assets to cover his bond so he could appeal the decision.

The New York Times reported:

The ruling by a five-judge panel of appellate court judges is a crucial and unexpected victory for the former president, potentially staving off a looming financial disaster. Had the court denied his request — and had he failed to obtain the full bond — Mr. Trump was at risk of losing control over his bank accounts and, eventually, even some of his marquee properties.

Trump was in court on Monday for a pre-trial hearing regarding his hush money cash involving Stormy Daniels. He vented on social media about several of his legal cases, saying: “Why should a Crooked, highly political New York Judge, Arthur Engoron, working in concert and coordination with an even more Corrupt Attorney General, Letitia ‘Peekaboo’ James, his Puppet Master, and the White House, be allowed to take away, and sell off, very successful properties and assets that took me years to zone, build and nurture into some of the best of their kind anywhere in the World — WHEN I HAVE DONE NOTHING WRONG!”

Trump was found liable for inflating the value of his real estate assets; in addition to the multimillion dollar penalty, he was also banned from running his business in New York for three years.