Former President Trump posts $175 million bond in hush-money trial

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Politics News

Donald Trump,Bond,Hush-Money Trial

Former President Donald Trump posted a $175 million bond in his hush-money trial. The bond was provided by Knight Insurance, ensuring that New York Attorney General Letitia James doesn't seize Trump's assets related to the case. Trump made the payment within the given time frame after a reduction in the bond amount.

Former President Donald Trump posted a $175 million bond Monday night. Separately, a gag order against him was expanded in his hush-money trial.A court filing said the bond was provided by Knight Insurance, a California-based company. The move ensures that New York Attorney General Letitia James doesn't seize Trump's assets related to the case.

News of the bond comes a week after a New York appeals court reduced the amount Trump had to post as bond from nearly half a billion to $175 million – and gave him 10 days to post it. Trump made that payment well within that window. Trump had argued that a bond to cover the $454 million civil fraud judgement was"a practically impossibility," because he doesn't have the cash to guarantee it right no

 

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