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an appeals court panel granted former President Donald Trump a crucial lifeline, permitting him to secure a reduced bond of $175 million—significantly less than the absurd $454 million bond set by the leftist Judge Arthur Engoron. This move serves as a temporary shield against the looming threat of New York Attorney General Letitia James seizing Trump’s assets.
The decision is a major victory for Trump, and he now has a ten-day grace period to pay the required $175 million bond, which gives him valuable time in this absurd legal battle against him.
Letitia James sued Trump for allegedly inflating his assets to get a loan, and Judge Engoron, another Democrat partisan, agreed.
„Every single real estate developer everywhere on earth does this. They always talk about their asset[s] being worth a lot and the bank says ’no‘ and that’s just the way it is,“ famed investor and „Shark Tank“ star Kevin O’Leary told CNN in January. „If you’re going to sue this case and win, you got to sue every real estate developer everywhere.“
But that didn’t matter to AG James, a Democrat who campaigned on getting Trump. Nor did it matter that the loan was paid off and there was no victim. It also didn’t matter that the bank James claimed was defrauded testified in Trump’s defense.
“That fact that he was found guilty, you might as well find guilty every real estate developer on Earth,” O’Leary said in February.
