The $175 million bond Donald Trump posted in New York last week appeared to be the former president's saving grace, bringing the enforcement of the more than $460 million judgment in his civil fraud case to a halt pending his appeal. But the New York attorney general indicated soon after that all that glitters is not gold. In a filing last Thursday, New York Attorney General Letitia James, who brought the suit against Trump, expressed her concerns with the bond, writing that she "takes exception to the sufficiency of the surety" given to Trump and the other defendants.
James then gave Trump and the bond provider, Knight Specialty Insurance Company, 10 days to file a motion to "justify" the bond, proving that the company is financially capable of paying it.
