Trump wins pause of $454 million civil fraud ruling, averting asset seizures


A flag depicting Donald Trump is placed at Trump Tower, October 1, 2023. REUTERS/David 'Dee' Delgado/file photo

NEW YORK (Reuters) -Donald Trump won a bid on Monday to pause his $454 million civil fraud judgment if he posts a smaller $175 million bond within 10 days, in a victory for the former U.S. president that blocks New York state authorities from taking steps to seize his assets.

The decision by a mid-level state appeals court eases an acute cash crunch for Trump, who has said he would be forced to sell assets at "fire sale prices" to post bond in the case.

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