(New York, NY) — The deadline is here for former President Trump to post the 454-million-dollar bond in his New York civil fraud judgment. Trump’s legal team has working hard to secure a bond ahead of the Monday deadline. The judgment is from a ruling made in February by a New York judge, who found Trump and his company liable for fraud. If the former president is unable to secure the bond, New York Attorney General Letitia James and her staff may start the process of seizing Trump’s assets in New York, including some of his iconic buildings.
Trump took to his social media platform, Truth Social on Friday to say he had almost 500 million in cash available to him. Truth Social will go public as part of a merger. Shareholders of Digital World Acquisition Corporation voted Friday to approve the merger with Trump Media & Technology Group, which owns the Truth Social platform. Trump would hold about 80-million shares in the merged company, with a value of about three-billion dollars.
