New York Attorney General Letitia James can target any of former President Donald Trump’s assets from “across the world” in order to pay the $454 million judgment he owes, according to lawyer Renee Zaytsev on Saturday.
In February, Judge Arthur Engoron ordered Trump to pay $355 million, plus interest, and barred him from doing business in New York for three years after finding him liable for financial fraud in September 2023 in a lawsuit brought on by James’ office. Trump, the presumed GOP presidential nominee in the 2024 election, has claimed that he has done nothing wrong and that the case is politically motivated against him. He has appealed Engoron’s judgment.
Meanwhile, the former president has until Monday to come up with a $454 million bond to stop James from seizing his assets in order to pay Engoron’s judgment.
MSNBC’s Katie Phang asked Zaytsev onThe Katie Phang Show on Saturday about what James could do if Trump can’t come up with the bond.
Where is Truth Social incorporated? If Truth Social has an IPO would sale of stocks be considered “doing business” in NY? Genuinely asking if stock IPOs count as “doing business”.
Edit: https://en.m.wikipedia.org/wiki/Truth_Social Founded by Trump who would also be a beneficiary of any business transactions for Truth Social(?)
https://en.m.wikipedia.org/wiki/Trump_Media_%26_Technology_Group
Owned by TMTG which lists two key people: Donald Trump (Chairman) Devin Nunes (CEO)
Does being chairman count?
“Doing business in NYC” sounds so nebulous. I want it to be a golden shower over all his business dealings. For me to enjoy seeing this scumbag lose all of his ill gotten gains so publicly is not my proudest moment as a human being but I am popping popcorn and getting snacks ready to kick back and relish the schadenfreude.