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New York Appeals Court Overturns $500M Trump Fraud Penalty
New York Appeals Court Overturns $500M Trump Fraud Penalty
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BTCCSquare news:
A New York appeals court has vacated a $500 million civil fraud penalty against former President Donald Trump, ruling the fine excessive under the Eighth Amendment. The decision preserves non-monetary sanctions against the TRUMP Organization while delivering a partial legal victory to the embattled businessman.
"TOTAL VICTORY," Trump declared on social media following the ruling, framing the case as politically motivated. Attorney General Letitia James vowed to appeal to New York's highest court, ensuring continued legal uncertainty for Trump's business empire.
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