Donald Trump says he might have to sell properties to pay $454 million penalty

The former president, Donald Trump, offered a bond of $100 million to halt the $450 million judgment he faces in a civil fraud case. Trump’s lawyers filed a request to delay various other penalties imposed by the trial judge, including a loan prohibition for three years and a ban on running a company in the state during that period. A judge is expected to issue a decision by the end of the day. If granted, the pause would be temporary, and Trump would need to convince a larger panel of appellate judges to keep the judgment on hold. The filing revealed that Trump lacks the resources to secure a full bond, potentially leading to the default of the judgment. Trump’s lawyers argued that the judge’s decision affects his ability to produce the required funds or offer enough cash as collateral. If the request is denied, Trump may be forced to sell some New York properties. The lawsuit, brought by the New York attorney general’s office, alleges that Trump fraudulently inflated his net worth. The judgment in this case, combined with another defamation trial judgment, surpasses Trump’s cash reserves, which totaled over $350 million as of last year. Trump is also struggling to secure a bond in the defamation case.