• ImplyingImplications@lemmy.ca
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    9 months ago

    He would likely do this by buying a bond.

    In the $5 million E. Jean Carroll case, Trump paid the $5 million in cash on appeal. He claimed it was to avoid the fees of buying a bond but some have argued that no bond lenders would agree to lend to Trump due to the risk of not being paid back. If that’s the case, Trump is going to be fronting a lot of cash in a short amount of time. Even a billionaire doesn’t want $400 million tied up in escrow accounts.