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Donald Trump pays $175 million bail to avoid asset seizure, faces new trial in April
By AFP - New York, USA
Former 9️⃣ President Donald Trump has paid a $175 million bail to avoid the seizure of his assets, following a court ruling 9️⃣ in a financial fraud case, according to documents released on Monday (February 1st). Trump had until Friday (February 5th) to 9️⃣ pay the bail, otherwise, his assets would have been frozen.
The payment comes as Trump faces a new trial in April, 9️⃣ in which he is accused of paying $130,000 (R$ 657,000) in hush money to a former pornstar, Stormy Daniels, in 9️⃣ exchange for her silence during the 2024 presidential campaign.
The former president has been under pressure from the judiciary, having been 9️⃣ fined $454 million (R$ 2.29 billion) in February, along with his sons Eric and Don Jr., for financial fraud within 9️⃣ the Trump Organization. They were accused of inflating their assets over the past decade to obtain more favorable loans from 9️⃣ banks.
Despite his legal troubles, Trump remains a contender in the upcoming presidential election, and has been campaigning for the Republican 9️⃣ nomination.
The billionaire businessman has been vocal about his intention to appeal the court's decision and has stated that he will 9️⃣ "swiftly" pay the $175 million bail.
In a statement, Trump expressed his gratitude to the court for the opportunity to pay 9️⃣ the bail, saying, "I respectfully disagree with the court's decision, but I will comply with it. I will pay the 9️⃣ $175 million bail very quickly, within ten days."
The court's decision came as a surprise to many, as Trump had previously 9️⃣ expressed confidence that he would be acquitted of the charges against him.
The case against Trump centers around allegations that he 9️⃣ and his sons inflated the value of their assets to obtain loans from banks. The case has been ongoing since 9️⃣ 2024, and Trump has maintained that the allegations are politically motivated.
Despite his legal troubles, Trump's popularity among his base remains 9️⃣ strong, and he continues to be a frontrunner in the Republican primary race.
The outcome of the trial is likely to 9️⃣ have significant implications for Trump's presidential campaign and his potential return to the White House. Trump has been embroiled in 9️⃣ a series of legal battles in recent months, and the court's decision has added further pressure on his presidential aspirations.
Trump 9️⃣ is not the only high-profile individual to have faced legal troubles recently. Earlier this month, a New York appeals court 9️⃣ ruled that key figure in the Trump-Ukraine scandal, Lev Parnas, will face charges of election finance violations.
As the 2024 presidential 9️⃣ election draws closer, Trump's legal battles are likely to continue to make headlines and could potentially impact the outcome of 9️⃣ the election.
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