Trump was back in New York City to attend to separate legal matters on Monday, March 25, 2024.
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(New York, NY) – Monday brought forth two updates concerning former President Trump’s ongoing legal cases in New York City. The New York State Appellate Court reduced Trump’s bond from $454 million to $175 million, and he has 10 days to post the money. Prior to the ruling, today has been the deadline for Trump to secure and post the bond — or else New York Attorney General Letitia James would have been free to proceed with trying to seize assets and properties.
Some have suggested Trump could be forced to sell 40 Wall Street or Trump Tower, after a Manhattan judge found him liable for fraud — in connection to the alleged inflation of real estate asset values, in order to secure better terms from lenders and insurance companies.
Separately, a judge set jury selection to begin next month in Trump’s so-called “hush money” trial. Prosecutors say he made a payment to adult film star Stormy Daniels in 2016 to remain quiet about an affair. They argue that should have been classified as a campaign contribution under state campaign finance laws.
