Trump, however, took to Truth Social to claim that the ruling showed the original decision was «ridiculous and outrageous.»
A New York appeals court ruling that dramatically reduced former President Donald Trump’s bond amount also suggests that the ex-president cannot be trusted, according to legal analyst Andrew Weissmann. Trump, however, hailed the decision as a huge win.
The appeals court on Monday reduced the bond in Trump’s civil business fraud case from more than $450 million to $175 million, while giving the former president an additional 10 days to gather the funds required to pay the bond.
The order also froze enforcement of New York State Supreme Court Justice Arthur Engoron’s previous decision to at least temporarily ban Trump, his two eldest sons and other defendants in the case from doing business in the Empire State.
However, the court left in place Engoron’s order requiring an independent monitor to oversee Trump’s businesses and a director of compliance to ensure that the businesses follow conditions put in place after Trump was found liable for committing business fraud.
