On the 28th (local time), a U.S. court dismissed former President Donald Trump's request to stay the enforcement of a fine totaling approximately $454 million (about 605.1 billion KRW) after he posted a bond equivalent to 25% of the total fine amount.

[Image source=Yonhap News]

[Image source=Yonhap News]

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According to U.S. media, Judge Anil Singh of the New York appellate court rejected Trump's request to postpone the obligation to post bonds exceeding the imposed fine amount until the appeal ruling is made. Trump's legal team submitted documents to the appellate court stating they would post bonds worth $100 million, but foreign media reported that the judge rejected this proposal.


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Earlier, on the 16th, Judge Arthur Engoron of the New York Manhattan District Court ruled that former President Trump obtained fraudulent loans by inflating asset values and imposed a fine of $355 million (about 473 billion KRW). If the first-instance ruling is upheld, Trump will have to pay at least $454 million in fines, including interest accrued during the trial process.


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