Reduction in bond amount doesn’t reduce the total $454m fine, but assures Trump will pay full amount if his appeal is unsuccessful

A New York court handed Donald Trump a lifeline on Monday as time ran out for the former president to secure a bond covering the $454m loss for his recent fraud case.

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.

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