Trump Comes Through

Donald Trump

( – After scoring a huge win that reduced the staggering half-billion amount Democrats wanted him to come up with out of thin air, former President Donald Trump posted a $175 million bond through Knight Speciality Insurance Company.

By doing so, Trump can now begin the appeal against a civil fraud ruling in New York that seeks to seize his properties and stop him from doing business in the state.

This action follows Judge Arthur Engoron’s judgment, which left Trump liable for upwards of $450 million, including interest, on a $355 million penalty.

The bond’s posting became possible after an appellate court allowed a ten-day extension and reduced the initial bond requirement.

This new development in the case happened at the same time Truth Social, Trump’s social media venture, went public, which sent share prices through the roof and boosted Trump’s net worth despite the company’s underwhelming financial performance.

Although it came in the middle of several legal fights, Truth Social’s market entry increased Trump’s investment to an estimated $3 billion value after the successful merger with Digital World Acquisition Corp.

Both Trump and his legal team expect a reversal in the ruling, saying, “As promised, President Trump has posted bond,” said Alina Habba, Trump’s attorney, on X. “He looks forward to vindicating his rights on appeal and overturning this unjust verdict.”

At the same time, Manhattan’s legal landscape saw Judge Juan Merchan enforcing a broader gag order on Trump to limit the former president’s rights to discuss the case.

Specifically, Trump cannot talk about the judge’s family members while he steels himself for his criminal trial over alleged financial record falsifications linked to a payment made to Stormy Daniels by Michael Cohen, Trump’s former attorney. Daniels claims Trump had an affair with her, which Trump denies.

The extended gag order signals a legal effort to silence the former president following Trump’s statements against Merchan’s daughter, a Democratic political consultant whose clients have earned millions off Trump’s case, according to the New York Post.

Trump’s legal team contested the restriction and framed his comments as political speech.

Amid these developments, Trump remains a central figure in the 2024 Republican presidential nomination, determinedly challenging the motives behind his prosecution, including Manhattan District Attorney Alvin Bragg’s actions and intentions.

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