Former President Trump argued Tuesday that he would need to resort to extreme measures, such as selling properties at discounted “fire sale” prices, to meet the $464 million bond due next week in his New York civil fraud case.
In a post on his Truth Social platform, Trump criticized New York Judge Arthur Engoron, who ruled against him in the fraud case, objecting to the requirement of posting the bond.
“Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision. In other words, he is trying to take my Appellate Rights away from me,” Trump wrote.
“I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense? WITCH HUNT. ELECTION INTERFERENCE!” Trump added.
Trump’s statement comes after his legal team informed the court that he was unable to secure the full $464 million bond due next week.
