Trump posts $175 million bond in NY civil fraud case to avoid asset seizure

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Trump posts $175 million bond in NY civil fraud case to avoid asset seizure
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Last week, a New York appeals court cut a $454 million bond payment to $175 million

New York - Embattled former US president Donald Trump posted a $175 million bond in his New York civil fraud case Monday, a court document showed, avoiding asset seizures while his case winds through the appeals process.

"I greatly respect the decision of the appellate division and I will post $175 million in cash and bonds or security or whatever is necessary very quickly, within the 10 days," Trump said at the time. They were accused of having inflated the valuation of properties such as Trump Tower and a building at 40 Wall Street in New York by billions of dollars to obtain more favorable bank loans and insurance terms.

The move comes after the Republican presidential candidate lashed out at Judge Juan Merchan and his daughter in a series of posts on Truth Social.

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