A panel of appellate court judges gave Trump 10 days to secure a far smaller $175m bond just hours before New York's attorney general could legally begin the long, slow process of seizing his assets.
The reduction in the bond amount does not reduce the total $454m fine Trump will ultimately be expected to pay if an appeals court upholds the judgment. Rather, a bond works as assurance that Trump will pay the fine's full amount if his appeal is unsuccessful.
Last week Trump's lawyers said it was a "practical impossibility" for him to secure a bond for half a billion dollars, covering the full fine from his fraud loss. "In the unusual circumstance that a bond of this size is issued, it is provided to the largest public companies in the world, not to individuals or privately held businesses," they argued.
People familiar with Trump's finances told the New York Times the that he should be able to secure a bond to cover the smaller amount.
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