Donald Trump posts $175m bond to avert asset seizure

Republican presidential candidate former president Donald Trump. File picture: Paul Sancya/AP

Donald Trump posted a $175m (€162.5m) bond on Monday in his New York civil fraud case, halting collection of the more than $454m (€422m) he owes and preventing the state from seizing his assets to satisfy the debt while he appeals.

A New York appellate court had given the former president 10 days to put up the money after a panel of judges agreed last month to slash the amount needed to stop the clock on enforcement.