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In a significant development for former President Donald Trump, an appeals court provided a lifeline by reducing a potentially crippling bond demand in his New York civil fraud case. Trump, facing a deadline to pay a substantial bond pending an appeal, received a 10-day extension and a reduced payment of $175 million, down from the original $454 million.
The decision came as Trump attended a hearing for his upcoming criminal trial related to hush money payments made to a porn star before the 2016 presidential election. Trump, who had expressed inability to pay the initial bond amount, welcomed the court’s decision and committed to abiding by it.
Trump, 77, denounced both cases as politically motivated attacks, labeling them as “rigged” and coordinated by the White House and the Department of Justice to interfere in the upcoming presidential election. He criticized the judicial system, accusing it of bias against him.
Despite the favorable ruling, Trump’s legal battles continue, with delays sought in his trials, including the one involving Stormy Daniels, where he faces accusations of using campaign funds illegally to secure her silence about an alleged sexual encounter. Trump’s lawyers have pursued avenues to postpone the trials, potentially until after the presidential election.