BREAKING: NY appeals court allows Trump to post bond of $175 million in civil fraud case

A New York appeals court has ruled that 2024 presumptive GOP nominee Donald Trump can pay a smaller bond in his civil fraud case, in the amount of $175 million.

The five-judge panel ruled that Trump has 10 days to obtain the lowered bond amount, with two people familiar with Trump’s finances telling the New York Times that he should be able to secure the amount by then.

Trump was initially facing a bond in the amount of $454 million, all of which was due by the end of day on Monday.

The Monday order also issued a delay on the enforcement of non-monetary penalties issued in the case, such as the 3-year ban on Trump running businesses in New York, according to the Financial Times.

Trump had criticized the order to pay the $454 million, writing at the time, "Even though I did nothing wrong, a Radical Left New York Judge, a true Trump Hater, Arthur Engoron (Are we allowed to speak about his Unconstitutional Gag Order?), picked a number out of THIN AIR, $355,000,000, plus interest (reminiscent of John Lovitz, 'The Liar,' on SNL when it was good), & wants me to bond it, which is not possible for bonding companies to do in such a high amount, before I can even Appeal. That is CRAZY!"

"If I sold assets, and then won the Appeal, the assets would be forever gone," he claimed. "Also, putting up money before an Appeal is VERY EXPENSIVE. When I win the Appeal, all of that money is gone, and I would have done nothing wrong. The Crooked Judge, who has already been overturned 4 times on this case (a record!), fully understands this. He gave us a demand which he knows is impossible to do."