Big win for Trump, his bail is reduced!

An court intervened in former President Donald Trump’s legal affairs, reducing his bail for a civil fraud judgment in New York from $454 million to $175 million, a significant victory for Trump.

BREAKING: Court agrees to block collection of Trump’s $454 million civil fraud judgment if he puts up $175M https://t.co/B63VclVip8

— The Associated Press (@AP) March 25, 2024

The showdown between Trump and New York Attorney General Letitia James has therefore been postponed, as the judge has given the former president more time to get the money together. James was due to start seizing Trump’s assets to offset a $454 million fine that Trump says he can’t pay. The court also granted Trump an additional ten days to collect the funds in addition to significantly reducing bail.

The New York appellate court’s order currently allows Trump and his children to continue running a business in New York and obtaining loans from the state’s financial institutions.

When this decision was made, Trump and his legal team were present at another hearing, for the trial of the bribery case in New York. They were discussing the possibility of delaying a case concerning payments made to Stormy Daniels. Trump’s legal team claimed that prosecutors had filed documents too late to be able to verify them before proceedings began.