Donald Trump puts up $175m bond and avoids having his assets seized
Donald Trump has posted a $175m (£140m) bond in New York – preventing the state from seizing his assets.
The former US president had been given 10 days to make the payment after his lawyers successfully asked for the bond to be reduced from $454m (£362m).
However, Mr Trump will be liable to pay the full amount – plus daily interest – if he loses an appeal in the civil fraud case.
New York’s attorney general, Letitia James, had been prepared to start seizing the 77-year-old’s real estate unless the bond was posted.
In February, he was found guilty of scheming for years to deceive banks and insurers by inflating his wealth on financial statements used to secure loans and make deals.
Mr Trump, who has secured the Republican nomination for this year’s general election, has frequently claimed to be worth billions of dollars and last year said he had $400m in cash, in addition to properties and other investments.
He has repeatedly denied wrongdoing, and argued the statements actually underestimated his fortune.
Trump ordered to stop attacking judge’s family
There have also been developments in a separate trial that Mr Trump is facing, which relates to a hush money payment made to the porn star Stormy Daniels.
On Monday, he was ordered to stop verbal attacks on the family members of the judge in this upcoming case.
It comes after Judge Juan Merchan’s daughter was described as a “rabid Trump hater” in a social media post.
Courtroom sketch of Mr Trump during hush money payment trial. Pic: Reuters
Prosecutor Matthew Colangelo had warned: “Family members of trial participants must be strictly off-limits.
“Defendant’s insistence to the contrary bespeaks a dangerous sense of entitlement to instigate fear and even physical harm to the loved ones of those he sees in the courtroom.”
The order extends on one already in place that bars Mr Trump from publicly commenting about witnesses and court staff.
If Mr Trump violates the order, he could face jail time. But it does not stop him from criticising Mr Merchan or Manhattan district attorney Alvin Bragg, whose office brought the charges last year.
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The trial is due to start on 15 April in Manhattan. Mr Trump has pleaded not guilty to 34 counts of falsifying business records and denies an alleged sexual encounter with Ms Daniels, whose real name is Stephanie Clifford.
Truth Social parent company losses
In a further blow for Mr Trump, his social media company has disclosed it lost nearly $58.2m (£46.2m) last year, a week after its stock market debut.
Trump Media and Technology Group – whose flagship product is social media platform Truth Social – mark a stark decline compared with the profit of $50.5m million that the former president’s company reported for 2022, according to a company filing with securities regulators.
Reuters file pic
Truth Social had been seen as a potential financial lifeline for Mr Trump during his ongoing legal and financial challenges.
However, early investors into the media company are taking a hit after stocks closed at $48.66 on Monday, which was below their initial offering price of $49.95 (£39).
US
Donald Trump ‘not thinking about Melania’ when he paid off Stormy Daniels, says ex-lawyer Michael Cohen
Donald Trump “wasn’t thinking about (his wife) Melania” when he paid off a former porn star, his former lawyer has testified.
Michael Cohen told a court Mr Trump personally approved $130,000 in hush money to Stormy Daniels over an alleged 2006 sexual encounter.
The payout isn’t illegal, but Mr Trump is accused of falsifying records to hide it – a claim he denies.
On Monday, his trial in New York heard from Mr Cohen, once a lawyer and self-described “fixer” for the ex-president.
Mr Trump’s lawyers have painted the hush money as an attempt to protect his wife from rumours and upset.
Michael Cohen has himself been jailed over the payment to Daniels. Pic: Reuters
However, Mr Cohen said his boss was purely concerned with keeping the claims quiet as he ran for the presidency.
“He wasn’t thinking about Melania. This was all about the campaign,” he said, prompting Mr Trump to shake his head in response.
Mr Cohen told the court he’d heard Stormy Daniels was considering selling her story and he told his boss swift action was required.
Mr Trump denies the affair and his lawyers say Mr Cohen acted on his own – a claim he denied in court.
He told jurors in Manhattan that “everything required Mr Trump’s sign-off” and he was ordered to “just do it”.
Mr Cohen said he stumped up the $130,000 himself after Mr Trump told him he would pay him back.
He said he set up a shell company – listed as a “real estate consulting company” – to make the payment.
Stormy Daniels, pictured in January. Pic: AP
Prosecutors say Mr Trump later paid the money back and covered it up by recording it as a legal retainer fee.
He faces 34 counts of falsifying business records over the claims.
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Hear Trump and his lawyer discuss hush money
The court also heard a recording of a conversation between Mr Trump and Mr Cohen over hush money said to have been paid to another woman, former Playboy model Karen McDougal, who he also allegedly had an affair with.
Mr Cohen suggests in the recording setting up another company to repay David Pecker – who said he provided the $150,000 to cover up the story.
The former National Enquirer boss previously testified he bought the story to keep it hidden and eventually decided against seeking reimbursement.
Later in the recording, Mr Trump can be heard suggesting the $150,000 might be better off being paid in cash.
Mr Cohen told the court this was to “avoid any type of paper transaction”.
The 57-year-old – who once said he would take a bullet for Mr Trump – worked for him for nearly a decade.
Stormy Daniels, pictured in January. Pic: AP
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He pleaded guilty to violating campaign finance law in 2018 over the Stormy Daniels payment and was jailed, but at the time prosecutors did not bring charges against Mr Trump.
Mr Cohen’s credibility is in the sights of defence lawyers as he has previously admitted lying under oath.
Mr Trump – who will take on Joe Biden in his bid to become president again in November – is unlikely to face a custodial sentence if found guilty.
His other cases are potentially more damaging but mired in delays.
They concern allegations of keeping stacks of secret documents after leaving office and trying to overturn his 2020 election defeat. He denies the claims.
A livestream portal between Dublin and New York was temporarily shut down after “inappropriate behaviour” in the Irish capital.
Thousands of people have visited the two-way portal, which allows people on either side to see and interact with each other.
And while there have been a number of wholesome moments – including Irish dancing and even a proposal – a handful of people have behaved “inappropriately”, Dublin City Council has said.
Videos on social media have shown people on the Irish side flashing body parts, and displaying images of 9/11 and swear words on phone screens.
A woman was also escorted away by police after being seen grinding against the portal.
In a statement issued on Monday evening, a spokesperson for Dublin City Council said “technical solutions” to address this are being implemented in the next 24 hours.
People in each city could be seen greeting each other when the portal opened last week. Pic: Reuters
“We will continue to monitor the situation over the coming days with our partners in New York to ensure that Portals continue to deliver a positive experience for both cities and the world,” they said.
“The team at portals.org and partners are still working on improving the software for better stability and to prepare for Portals to expand to more locations on Earth.
“Those works are being done mostly at night and during those hours, the livestream might be paused.”
Dublin City Council noted there has been an increase in footfall since the Portal was unveiled in north Dublin, facing O’Connell Street. The New York portal is at the busy Manhattan junction of Broadway, Fifth Avenue and 23rd Street.
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Most interactions via the portals have been wholesome. Pic: Reuters
“The overwhelming majority of interactions are positive,” the spokesperson added. “We have seen families and friends unite, dancing moves being shared as well as new friendships being made. There was even a successful marriage proposal.
“The Portal offers a window to other cities and is connecting people and cultures in a unique manner – what we are seeing between Dublin and NY is reflective of a wider narrative of cultural behaviour.”
The Portals Organisation said: “We do not intend to suggest people to interact with Portals in any particular way – our goal is to open a window between far away places and cultures that allows people to interact freely with one another.
“We encourage people to be respectful and from our position as observers, we see that the absolute majority of experiences is on the bright side.”
In an earlier statement, they confirmed the livestream had been paused so they could “update the software used on the Portal”.
The new version of the ChatGPT AI chatbot has been unveiled and offers near-instant results across text, vision and audio, according to its maker.
OpenAI said it was much better at understanding visuals and sounds than previous versions.
It offers the prospect of real-time ‘conversations’ with the chatbot, including the ability to interrupt its answers.
The firm says it “accepts as input any combination of text, audio, and image and generates any combination of text, audio, and image outputs”.
GPT-4o is to be rolled out over the next few weeks amid a battle by tech firms to develop ever-more advanced artificial intelligence tools.
Monday’s announcement showed tasks such as real-time language translation; using its vision capability to solve a maths question on a piece of paper, and to guide a blind person around London.
GPT-4o can respond to audio in as little as 232 milliseconds, with an average of 320 milliseconds, which the company says is similar to human response time.
To try to ease concerns over bias, fairness and misinformation, the Microsoft-backed company says the new version has undergone extensive testing by 70 external experts.
It comes after Google earlier this year had a major PR blunder over images generated by its Gemini AI system.
GPT-4o model will be free, but premium ‘Plus’ users get a greater capacity limit for messages.
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Previous versions of the chatbot have caused unease in schools and universities due to some students using it to cheat by producing convincing essays.
When it launched two years ago, ChatGPT was said to be the fastest-ever app to reach 100 million active monthly users.
The announcement also stole a march on Google, which is expected to tomorrow show off its own new AI features at its annual developers’ conference.
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