A New York appeals court has blocked the collection of Donald Trump's fraud judgment, ruling that he has 10 days to post a $175 million bond.

Donald Trump was supposed to have to post a $464 million bond by Monday or else the state of New York could begin collecting on the massive civil fraud judgment leveled against him earlier this year. An appeals court bailed him out, blocking collection of the judgment and giving the former president 10 days to post a drastically reduced $175 million bond.

The order is a huge win for Trump, whose assets were going to be subject to seizure if he couldn’t post nearly half-a-billion dollars by Monday. His lawyers said last week he wasn’t going to be able to come up with the money after 30 underwriters rejected him. The New York Times has reported that Trump is expected to be able to scrounge the new, reduced $175 million bond

  • FaceDeer
    -18•8 months ago

    So what you’re “doing about it” is giving up and going away.

    And people wonder why Republicans keep winning.

    • @[email protected]
      38•8 months ago

      Yep. I’m almost 50 and have tried my best to help those around me see a better way. I’ve always voted. I did my part, but half the country still wants this shit. So, my wife and I are retiring early, peacing out, and letting ya’ll figure it out for yourselves. Good luck!

      • @[email protected]
        7•8 months ago

        Yeah this is the way.

        Often in life when you’re faced with an untenable situation the only appropriate course of action is to withdraw.

        Sadly not an option available to most people.

        • @[email protected]
          -2•8 months ago

          It is an option that requires more work and sacrifice than most people are willing to endure. We prioritized saving over consumerism, fixing things over buying new, not having kids, etc. I grew up poor, had no help from my parents (or anyone), and was able to make it. However, a lot has changed since I started to make it even more difficult for people.