Trump Refuses To Sell His Assets

Donald Trump vehemently criticized Judge Arthur Engoron of New York, whom he accused of deliberately placing him in an untenable position ahead of his appeal in a fraud trial judgment. In a scathing rebuke posted on Truth Social, Trump lambasted the judge’s decision to impose a staggering $355 million penalty, coupled with interest totaling over $454 million, due on Monday.

Trump decried the judge’s ruling as outrageous, portraying it as the arbitrary act of a biased jurist with a personal vendetta against him. He lamented the impossibility of meeting the financial demands set forth by the court, whether by liquidating assets or securing a bond, asserting that such requirements effectively deprived him of his rights to a fair appeal process.

Expressing his frustration, Trump highlighted the financial burden imposed by the judge’s order, emphasizing the exorbitant costs associated with posting a bond before an appeal. He argued that complying with the judgment would result in irreversible financial losses, even in the event of a successful appeal, portraying the situation as fundamentally unjust.

Furthermore, Trump condemned what he perceived as a political witch hunt orchestrated by a biased judge and a corrupt attorney general, contending that such actions were detrimental to New York’s business climate and public safety.

Reports indicate that Trump is exploring various options to address the predicament, including seeking financial assistance from banks or contemplating legal strategies such as filing for Chapter 11 bankruptcy. However, constitutional law expert Alan Dershowitz criticized Engoron’s judgment, alleging that it was designed to obstruct Trump’s ability to appeal and set a dangerous precedent for judicial overreach.

Meanwhile, New York Attorney General Letitia James has initiated steps to enforce the judgment, signaling potential asset seizures against Trump’s properties in Westchester County, where he owns significant real estate holdings, including the Trump Organization’s Seven Springs estate and the Trump National Golf Course Westchester.

As Trump battles against what he perceives as legal overreach, the case underscores the contentious intersection of law, politics, and personal animosity, with significant implications for both the former president and the broader legal landscape.

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