After a ruling from a New York Appeals Court on Monday allowing him to post a significantly lower bond in his civil business fraud judgment, former President Donald Trump said he would soon post the now-$175 million bond.
Instead of posting a bond of $464 million, the appeals court ruled that Trump must now guarantee $175 million, ABC News correspondent Aaron Katersky reported. The appeals court ruling also means that Trump can continue to run his business in New York and gives him an additional 10 days to post the reduced bond, according to CNN.
“This also shows how ridiculous and outrageous [Judge Arthur] Engoron’s original decision was at $450 Million,” Trump said in a post on Truth Social. “I DID NOTHING WRONG, AND NEW YORK SHOULD NEVER BE PUT IN A POSITION LIKE THIS AGAIN. BUSINESSES ARE FLEEING, VIOLENT CRIME IS FLOURISHING, AND IT IS VERY IMPORTANT THAT THIS BE RESOLVED…
