Former President Donald Trump has faced another setback in his legal battles as he failed to secure an appeal bond for a $454 million civil fraud judgment, according to his lawyers.
The judgment stems from a lawsuit filed by investors who accused Trump and his now-defunct Trump University of misleading them with false promises about real estate investing education.
Trump's legal team had sought an appeal bond to delay enforcement of the judgment while they pursued further legal options. However, a New York judge denied their request, stating that Trump had not shown a likelihood of success on appeal.
This latest development adds to the legal challenges Trump is currently facing, including ongoing investigations into his business practices and finances.
Trump has consistently denied any wrongdoing in relation to the Trump University case and has vowed to continue fighting the judgment.
Despite the setback, Trump's lawyers have indicated that they will explore all available legal avenues to challenge the judgment and seek a favorable outcome for their client.
It remains to be seen how this latest ruling will impact Trump's legal strategy moving forward and whether he will be able to overturn the civil fraud judgment in the future.
