Trump can’t post $454M bond covering fraud judgment: lawyers

NEW YORK (AP) — Donald Trump's lawyers told a New York appellate court Monday that it's impossible for him to post a bond covering the full amount of a $454 million civil fraud judgment while he appeals, suggesting the former president's legal losses have put him in a serious cash crunch.Trump's lawyers wrote in a court filing that “obtaining an appeal bond in the full amount” of the judgment “is not possible under the circumstances presented.” Trump claimed last year that he had “fairly substantially over $400 million in cash,” but back-to-back court defeats have pushed his legal debt north…

Trump unable to post bond in civil fraud case, lawyers say – NBC New York

Donald Trump's lawyers told a New York appellate court Monday that it was impossible for him to post a bond covering the full amount of his $454 million civil fraud judgment while he appeals. The former president's attorneys wrote in a court filing that “obtaining an appeal bond in the full amount” of the judgment “is not possible under the circumstances presented.” With interest, Trump owes $456.8 million. In all, he and co-defendants including his company and top executives owe $467.3 million. To obtain a bond, they would be required to post collateral worth $557 million, Trump's lawyers said. A…

UK lawyer claims ‘super villain’ behind $6b Bitcoin laundering case

Jian Wen faces charges of laundering Bitcoin in a London court as part of an alleged $6 billion investment scam, as her defense claims the scheme's true mastermind manipulated her. The prosecution alleges Wen, working for her employer, Yadi Zhang, converted Bitcoin to cash via middlemen and purchased a Dubai flat with the funds. At the same time, Wen claims she was unaware that her employer's wealth was criminally derived when over £1.7 billion in Bitcoin (BTC) was seized from her home. The defense argued that Zhang manipulated Wen, described by defense lawyer Mark Harris, as the scheme's true mastermind.…