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jsonstein@masto.deoan.org ("Jeff Sonstein") wrote:
“noted that Knight was not registered to issue appeal bonds in New York… seeking to clarify whether Knight, which had never posted a similar court bond before aiding Mr. Trump, is financially capable of fulfilling its obligation to pay the $175 million if Mr. Trump defaults… Mr. Hankey said that Mr. Trump pledged $175 million in cash as collateral that was being handled by a brokerage firm. Mr. Trump, in the meantime, is able to earn interest on the money.”
https://www.nytimes.com/2024/04/04/nyregion/letitia-james-trump-bond-deal.html