CNBC
A New York appeals court on Monday paused for 10 days a massive civil business fraud judgment against Donald Trump — and sharply reduced to $175 million the bond amount he will have to post to obtain a longer stay of that award.
The ruling came the same day New York Attorney General Letitia James could start seizing the former president’s real estate assets and bank accounts to satisfy a $454 million and rising judgment after he failed to obtain an appeal bond.
James is prevented from doing so — for now — due to the order from the five-judge panel in Manhattan Supreme Court’s appellate division.
Trump in a social media post said he would “post either a bond, equivalent securities, or cash” in the new amount set by the appeals court.
