AP Top News at 11:52 p.m. EDT

Donald Trump has posted a $175 million bond to avert asset seizure as he appeals NY fraud penalty

NEW YORK (AP) — Donald Trump posted a $175 million bond on Monday in his New York civil fraud case, halting collection of the more than $454 million he owes and preventing the state from seizing his assets to satisfy the debt while he appeals, according to a court filing. A New York appellate court had given the former president 10 days to put up the money after a panel of judges agreed last month to slash the amount needed to stop the clock on enforcement. The bond Trump is posting with the court now is essentially a placeholder, meant to guarantee payment if the judgment is upheld.