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AOC says there is a 'risk' in not seizing Trump's assets based on civil fraud ruling

Trump recently took his social media site Truth Social public, which is said to possibly increase his net worth by $3.5 billion.

Published: March 24, 2024 3:20pm

Rep. Alexandria Ocasio-Cortez called Sunday for the seizing of former President Donald Trump’s assets as he faces a Monday deadline to post a bond so that his assets won’t be seized as he appeals the civil fraud ruling against him, which currently amounts to a judgment of $454 million. She said there is a “risk” by not seizing them, according to The Hill.

Trump’s lawyers said in court filings this week that he’s been unable to obtain financial backing to pay. But on Friday, a day after those filings, Trump said that he does have almost half a billion dollars in cash, but he doesn't want to spend it on the New York civil fraud judgment. 

Trump recently took his social media site, Truth Social, public in the stock market, which is said to possibly increase his net worth by $3.5 billion.  

“I think that what we are dealing with politically is the much larger and much more grave and serious pressure of having this judgment against Donald Trump, and him being in this degree of debt and the financial pressures that he is under, and what he is subject to do in order to obtain those assets,” Ocasio-Cortez said on CNN’s “State of the Union.”

“I actually think that there is risk in not seizing these assets and the open window that exists in him trying to secure these funds through other means,” she said. “We’ve seen a lot of interesting transactions happening with Truth Social and other means. And there’s a very real risk of political corruption.”

New York Attorney General Letitia James has already taken steps to seize Trump’s property and assets if he cannot meet the Monday deadline.

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