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Trump New York fraud bond cut to $175 million in appeal from $454 million

A New York appeals court on Monday paused for 10 days a massive civil fraud judgment against former President Donald Trump, and sharply reduced the bond he would have to post to obtain a longer stay to $175 million.

Trump’s lawyers in a court filing last week said that it was “impossible” for him to get an appeal bond of $454 million to satisfy the judgment in that amount, having approached more than 30 surety companies without success.

h/t DS

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