Donald Trump posts $175 million in civil fraud case, halting collection of massive judgment (apnews.com)

submitted 7 months ago by Lanky_Pomegranate530@midwest.social to c/antitrumpalliance@lemmy.world

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cross-posted from: https://lemmy.world/post/13809838

The bond Trump is posting with the court now is essentially a placeholder, meant to guarantee payment if the judgment is upheld. If that happens, the presumptive Republican presidential nominee will have to pay the state the whole sum, which grows with daily interest.

If Trump wins, he won’t have to pay the state anything and will get back the money he has put up now.

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this post was submitted on 02 Apr 2024

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