Former President Donald Trump posted nearly $92 million for his bond in the defamation case regarding accuser E. Jean Carroll.
A federal court in New York received notice of the bond and Trump’s appeal on Friday morning.
Trump intends to appeal the decision that was handed down in January that found him liable for defamatory statements made while denying the rape accusations made by Carroll.
TRUMP ORDERED TO PAY $83.3 MILLION TO E JEAN CARROLL BY MONDAY OR POST BOND: JUDGE
A federal jury in January decided Trump must pay Carroll more than $83 million in damages — $18.3 million in compensatory damages, and $65 million in punitive damages.
On Thursday, Judge Lewis A. Kaplan demanded Trump pay the damages by Monday.
If Trump wins his appeal, the money will be returned to him. If the appeal process fails, the money will be used in the $83 million payout.
TRUMP DEFENDS HIMSELF ON THE STAND, BLASTS E JEAN CARROLL TRIAL: ‘THIS IS NOT AMERICA’
The bond value is higher than the total damages due to a requirement for 110% of the judgment value to be posted during the appeal process.
Federal Insurance Company in Chesapeake, Virginia provided the bond money, according to documents signed by the former president.
Trump’s lawyers said he made statements about Carroll in an effort to “defend his reputation, protect his family, and defend his Presidency.”
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A federal jury in New York City decided last year that Trump was not liable for rape but was liable for sexual abuse and defamation.
The former president was ordered to pay $5 million in that trial.
