Trump has hours to cover $454 million judgment or risk assets seizer

According to Trump's lawyers, 30 surety companies rejected his appeal and advised him to launch a bond of 100 million USD.

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Trump has hours to cover $454 million judgment or risk assets seizer

WASHINGTON, 25 March: Former US President Donald Trump has been given a deadline of Monday to post bond in connection with a $454 million civil fraud case, or face the seizure of some of his New York properties.

If Trump seeks to regain the presidency in November, he should either pay the money or launch a bond.

On the other hand, Trump will file an appeal against the February 16 decision of Judge Arthur Engron regarding his business and family net worth.

The Trump campaign on Friday asked Trump supporters for $1 million in donations because of the threat of a “Trump Tower” seizure.

The seizure of Trump’s assets could pose several legal and logistical challenges for the New York Attorney General’s office, and it would be beneficial to go after Trump’s liquid assets in order to prevent his assets from being sold or transferred to someone else.

According to Trump’s lawyers, 30 surety companies rejected his appeal and advised him to launch a bond of 100 million USD.

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