Billionaire Backs Trump with $175 Million Bond

By
Dmitri Ivanov
1 min read

In a surprising move, Donald Trump secured a $175 million bond, backed by a California-based company, in his New York State civil trial. The decision comes after an appeals court ruling, allowing Trump to delay payment while he appeals. The bond, provided by Knight Specialty Insurance Company, was supported by billionaire Don Hankey's company. Despite having no prior connection to Trump, Hankey's firm swiftly put together the deal, highlighting the billionaire's substantial influence. This support effectively shields Trump's assets from potential seizure by New York’s attorney general. This development follows a previous ruling ordering Trump to pay millions in a civil fraud case, which adds further intrigue to the ongoing legal saga. It's evident that Trump's financial maneuvers continue to draw significant attention and remain a focal point in the media.

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