Donald Trump’s bond reduced to $175m in civil fraud case

Former president Donald Trump, the presumptive Republican nominee for president in the 2024 presidential race, has reiterated his claims that the legal cases against him amount to 'election interference'. Photograph: Mary Altaffer/APto post just $175 million to delay enforcement of a $464 million fraud judgment, in a victory for the former US president who had claimed it would be “impossible” to obtain a bond for the full amount.

But they ruled that a monitor would remain in place at the Trump Organization in the interim, as would an “independent director of compliance”.Maureen Dowd: Will the Rotters keep hounding Kate?attending a hearing over whether to further delay his criminal trial over the alleged cover-up of “hush money” payments to an adult film star

In a statement on social media soon after the appeals court’s decision, Trump said he would “post either a bond, equivalent securities, or cash”. The order from the appeals court provided a significant reprieve for Mr Trump, who had been rushing to secure the cash for a bond after several insurance companies refused to accept his real estate holdings as collateral. He is facing a growing pile of legal judgments and costs as he defends against four separate criminal cases, in addition to the civil litigation, while mounting another expensive campaign for the presidency.

The attorney general’s office said in a statement that Mr Trump was “still facing accountability for his staggering fraud”.

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