Trump asserts he possesses $500 million in cash but opts not to allocate it towards settling a $454 million civil fraud judgment in New York, preferring to reserve it for his potential presidential bid.

The former president pledges to contest the verdict vigorously, including potentially pursuing the matter to the U.S. Supreme Court, as the state considers seizing some of his assets if he fails to settle the substantial debt.

Trump’s legal team faces challenges in securing a bond to cover the judgment, encountering resistance from bonding companies demanding liquid assets instead of real estate as collateral.

Despite Trump’s claim of sufficient funds to cover the judgment, he argues against spending it this way, hinting at plans to utilize a significant portion for his political campaign. However, Trump’s past campaign financing strategies contradict claims of self-funding, relying extensively on donor contributions.

The accuracy of Trump’s financial claims, particularly his assertion of possessing nearly $500 million in cash, may be subject to scrutiny and potential legal disputes regarding his assets.

New York Attorney General Letitia James, prepared to initiate asset seizure proceedings, awaits an appeals court ruling. Trump’s wealth, bolstered by recent developments like the merger of his media venture, could influence the outcome of these legal battles.

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