Donald Trump may now be forced choose a few undesirable options to continue his legal defenses.

Former President Donald Trump will likely run out of legal defense funds this summer, Bloomberg reported.

In 2023, Trump spent $51.2 million on legal costs and has a further $23.5 million available for lawyers’ fees — but that source of money will likely dry up around July, the report said.

The ex-president may now be forced to turn to a few undesirable options to cover his costs.

  • mintiefresh@lemmy.caEnglish
    0·
    6 months ago

    It’s tiring reading news about him still and there have been no consequences. I’m kind of just resigned to that fact that he might win the election anyways and all his problems will just go away.

    • OldWoodFrame@lemm.ee
      0·
      6 months ago

      He just got fined $350+ million and banned from running his own company for 3 years. He just got hit with an $83 million judgement against him for sexually assaulting a woman.

      The consequences have begun.

        • stoly@lemmy.world
          0·
          6 months ago

          There’s no appeal here. He has nothing to point to for procedural errors or unconstitutional laws. Plus he has to put up the money before he can do anything.

        • Thirdborne@lemmy.world
          0·
          6 months ago

          He can’t appeal without bonding the full amount and nobody was willing to bond the 5 million he got hit with last year. Looks a lot like he just has to put up the cash.

          • SpaceCowboy@lemmy.ca
            0·
            6 months ago

            I can’t see him doing this… he’s going move money his money to somewhere he thinks the government can’t get it and declare bankruptcy.

            He’s gonna go full Alex Jones.

              • SpaceCowboy@lemmy.ca
                0·
                6 months ago

                Right… forgot about that. But I feel like that just limits his shenanigans and hes got a lifetime of experience at shenanigans. I dunno really, but I’m not betting against Trump’s crook skills.

            • tigeruppercut@lemmy.zip
              0·
              6 months ago

              He’s already had to put up $5.5 mil that he couldn’t weasel out of.

              Trump has already deposited $5 million owed to Carroll for the first defamation case into a court-controlled account, along with an additional $500,000 in interest required by New York law. Carroll will not have access to the funds until the appeals process plays out.

              He may soon be forced to do the same for the $83.3 million judgment in the second Carroll verdict. Alternatively, he could secure a bond and pay only a portion up front — though that option would come with interest and fees and likely require some form of collateral. Trump would have to find a financial institution willing to front him the money.

              https://apnews.com/article/trump-fraud-carroll-fines-82d423b8e7a7f9a32470729c5f4410e5

    • stoly@lemmy.world
      0·
      6 months ago

      He lost his business empire and has to pay more than $450m. How is that not consequences?

      • laurelraven@lemmy.blahaj.zone
        0·
        6 months ago

        He lost his ability to do business in one state, which likely just means he’ll do it by proxy

        And I wouldn’t be a bit surprised if he weasels his way out of paying somehow

        • CileTheSane@lemmy.ca
          0·
          6 months ago

          And I wouldn’t be a bit surprised if he weasels his way out of paying somehow

          He has a deadline of 30 days to pay, and in order to appeal he first has to put 110% of the amount owing in escrow.