Letitia James Makes A Major Move On Trump's $454M Bond Appeal

By Daniel Walker | March 22, 2024

New York attorney general

New York Attorney General Letitia James has pressed the court to reject Donald Trump's appeal for a $454 million bond in a civil fraud case, intensifying the legal showdown between the former president and the state of New York.

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via ABC News

The case, brought by the New York attorney general, has posed a significant financial threat to Mr. Trump, with the looming deadline for the bond raising the prospect of potential asset seizures.

Current circumstances

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via ABC News

Trump’s lawyers have indicated that the former president has encountered “insurmountable difficulties” in securing the substantial bond, portraying it as a “practical impossibility” under the current circumstances. The filing has underscored the challenges faced by Trump in raising the necessary funds to cover the bond, with his legal team having approached numerous companies to no avail.