The New York State Prosecutor’s Office and the legal team representing former President Donald Trump have come to an agreement today to validate the $175 million bail that Trump deposited in early April to prevent the seizure of his assets. This payment was made in the context of a tax fraud case against Trump and his Trump Organization, where they are accused of inflating the value of their assets.

The agreement was reached after the New York State Attorney General’s Office, led by Letitia James, raised concerns about the payment and requested its annulment. The Prosecutor’s Office had doubts about the financial stability and credibility of Trump’s insurer, Knight Specialty Insurance Company (KSIC), considering it insufficiently secure and verifiable to support the bail.

Prior to entering the court, Trump criticized James for questioning his ability to secure $175 million in cash. He confidently stated in a press statement on his social media platform, Truth Social, that he has ample financial resources to meet the bail requirements.

After the court hearing, Trump staunchly proclaimed his innocence, dismissing the payments made to his former lawyer Michael Cohen as a mere “accounting” matter, which he believes is of lesser significance from a legal standpoint.

Using an analogy, he stated, “If a lawyer sends you a bill, and you pay the bill, and there’s a small line in the book, maybe two words long, it’s not like you can tell the whole story of your life.” Trump was referring to the payments recorded on behalf of the Trump Organization to hide the alleged bribe given to a porn actress.

Furthermore, Trump asserted that he is leading the polls and is “beating” President Joe Biden in the upcoming November elections. He attributed the legal actions against him to an attempt to hinder his campaign, declaring, “That’s why they are trying to remove me from the race.”