this post was submitted on 18 Feb 2024
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Former President Donald Trump will likely run out of legal defense funds this summer, Bloomberg reported.

In 2023, Trump spent $51.2 million on legal costs and has a further $23.5 million available for lawyers' fees — but that source of money will likely dry up around July, the report said.

The ex-president may now be forced to turn to a few undesirable options to cover his costs.

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[–] Heikki@lemm.ee 137 points 7 months ago (2 children)

Man, I really hope the RNC decides to help him so he can bankrupt them too

[–] Stovetop@lemmy.world 84 points 7 months ago (1 children)

There is a reason why he is replacing RNC leadership with family and other cronies.

[–] nxdefiant@startrek.website 34 points 7 months ago (2 children)

Oh I hope he does. They'll let him drain it dry, that'll be excellent.

[–] pastel_de_airfryer@lemmy.eco.br 36 points 7 months ago

He will finally drain the swamp!

[–] Bakkoda@sh.itjust.works 19 points 7 months ago

It really is my dream for the RNC to be broke by the election

[–] SinningStromgald@lemmy.world 5 points 7 months ago

That would be so wonderfully deliciously fantastic. Please let it be reality!

[–] PeckerBrown@lemmy.world 66 points 7 months ago (2 children)

The ex-president may now be forced to turn to a few undesirable options to cover his costs.

Isn't that his entire M.O.?

[–] TropicalDingdong@lemmy.world 17 points 7 months ago (5 children)

undesirable options to cover his costs

Sounds like a foot channel on only fans.

[–] SatansMaggotyCumFart@lemmy.world 2 points 7 months ago (1 children)

I’d pay bigly to see those tremendous feet.

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[–] LEDZeppelin@lemmy.world 46 points 7 months ago (3 children)

Fortunately $399 sneaker grift has landed just in time

[–] veroxii@aussie.zone 24 points 7 months ago

Huge sneaker orders coming out of Russia. Huuuuge!

[–] Evilcoleslaw@lemmy.world 16 points 7 months ago* (last edited 7 months ago) (1 children)

Yes $400k will put a huge dent in this. As it's supposed to be a limited run of 1000, unless of course there's going to be more fraud involved.

[–] Peer@discuss.tchncs.de 15 points 7 months ago (2 children)

The 399 sneakers were just to draw attention to his other sneakers that are more affordable on the same site. Those will presumably bring in the lion share of the money.

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[–] cultsuperstar@lemmy.world 13 points 7 months ago

And people starting gofundme's to help him with his legal bills lol.

[–] jordanlund@lemmy.world 41 points 7 months ago

Just in time for the crimimal verdicts!

[–] ThePantser@lemmy.world 36 points 7 months ago

The ex-president may now be forced to turn to a few undesirable options to cover his costs.

Like selling ugly scene clothing? Magats sporting the ugly red hats and gold T sneakers. Worst brand ever.

[–] doctorcrimson@lemmy.today 30 points 7 months ago

The nice thing about this is he's using SuperPAC money that diverts from the RNC Campaign funding.

[–] MrPoopyButthole@lemm.ee 26 points 7 months ago

Damn, even after his sick new sneaker line?

[–] Bluefalcon@discuss.tchncs.de 24 points 7 months ago (1 children)

Is there a law against using party donations on legal defense? If so, then I'll take "things he is charged with in Nov 2024."

[–] hansl@lemmy.world 24 points 7 months ago (3 children)

There is, but it doesn’t cover PACs. He’s technically not been using campaign fund, but asking supporters to give for his campaign with some very specific fine print to say they’re actually giving the PAC to do as they please.

It’s shady but not illegal.

[–] Bluefalcon@discuss.tchncs.de 8 points 7 months ago (1 children)

I guess the plus side of Trump being president before is all the loopholes the public have learned about. We are living in a very very failed democracy.

[–] CosmicCleric@lemmy.world 6 points 7 months ago

We are living in a very very failed democracy.

Democracy really requires ethical people being voted into office, as we can't watch them 24/7 since we are busy with our own lives. Unfortunately we citizens don't seem to be able to do that very well.

[–] DAMunzy@lemmy.dbzer0.com 7 points 7 months ago* (last edited 7 months ago)

If he's asking for people to give to a PAC doesn't that shift from shady to illegal? I thought politicians had to be completely separate from the PAC.

[–] CosmicCleric@lemmy.world 7 points 7 months ago

It’s shady but not illegal.

It can't help but think that should be used as a catchphrase for advertising purposes, by the political parties.

[–] Pratai@lemmy.cafe 21 points 7 months ago (2 children)

I’m sure he can just keep selling his golden sneakers to launder rubles from Russia.

(Wow… we live in a world where that sentences makes sense)

[–] OldWoodFrame@lemm.ee 5 points 7 months ago (3 children)

That's the end of the article. He's selling $399 Trump-branded "never surrender" sneakers claiming it's "not political"

[–] Bdtrngl@lemmy.world 2 points 7 months ago

"never surrender" sneakers from the guy who checks notes surrendered.

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[–] root_beer@midwest.social 19 points 7 months ago (1 children)

Correction: Trump supporters will likely run out of legal defense funds by summer

Trump isn’t running out of anything, unless you count whatever hall leads to the bathroom, in which he won’t make it in time

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[–] OhStopYellingAtMe@lemmy.world 14 points 7 months ago

No he won’t. He’ll fleece his cult and/or rob the coffers of his and/or the GOP campaign funds to cover his legal bills.

[–] Blackmist@feddit.uk 11 points 7 months ago (2 children)

That's only an issue if he intends on paying for any of it, rather than getting in office again and declaring himself and all his flunkies immune.

[–] laurelraven@lemmy.blahaj.zone 4 points 7 months ago

Anyone who does any work for him without getting payment up front is a fool who deserves what they're about to get

[–] CileTheSane@lemmy.ca 3 points 7 months ago (1 children)

He plans on getting back into office by this summer?

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[–] mintiefresh@lemmy.ca 11 points 7 months ago (7 children)

It's tiring reading news about him still and there have been no consequences. I'm kind of just resigned to that fact that he might win the election anyways and all his problems will just go away.

[–] OldWoodFrame@lemm.ee 9 points 7 months ago (1 children)

He just got fined $350+ million and banned from running his own company for 3 years. He just got hit with an $83 million judgement against him for sexually assaulting a woman.

The consequences have begun.

[–] zeppo@lemmy.world 3 points 7 months ago (2 children)

Once he has to actually pay them vs appealing, I’ll believe it.

[–] Thirdborne@lemmy.world 4 points 7 months ago (6 children)

He can't appeal without bonding the full amount and nobody was willing to bond the 5 million he got hit with last year. Looks a lot like he just has to put up the cash.

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[–] eran_morad@lemmy.world 10 points 7 months ago* (last edited 7 months ago) (1 children)

Putin will get the tab. Commentators in this thread aren’t seeing the big picture.

[–] Boddhisatva@lemmy.world 12 points 7 months ago (1 children)

Why would he? He's running the whole GOP now. Surely he could find another tool to serve his needs without all of Trump's baggage.

[–] eran_morad@lemmy.world 6 points 7 months ago (1 children)

Trump has zero baggage with the republican traitor filth. He is their Orange Calf.

[–] Boddhisatva@lemmy.world 5 points 7 months ago (2 children)

He has almost half a billion dollars in baggage at the moment and Pooty ain't exactly flush right now.

[–] eran_morad@lemmy.world 4 points 7 months ago

Half a bil is nothing when it comes to reversing the outcome of the Cold War.

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[–] autotldr@lemmings.world 9 points 7 months ago

This is the best summary I could come up with:


Former President Donald Trump will likely run out of legal defense funds this summer, Bloomberg reported.

One option for Trump is getting the Republican National Committee (RNC) to help pay for his defense.

While it wouldn't be the ideal time to ask the cash-strapped party for money, that's what his GOP presidential nomination rival Nikki Haley recently speculated he might do.

The ex-president could also look to take more money from small donors for his "Save America" leadership political action committee (PAC), per Bloomberg.

But the leading Republican candidate is also facing huge legal penalties as the run in to the presidential election ramps up.

As his financial and legal woes mount, Trump made a surprise appearance at "Sneaker Con" in Philadelphia on Saturday.


The original article contains 387 words, the summary contains 124 words. Saved 68%. I'm a bot and I'm open source!

[–] IphtashuFitz@lemmy.world 8 points 7 months ago (1 children)

So sell Mar-a-Lago to pay for your lawyers.

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[–] disconnectikacio@lemmy.world 5 points 7 months ago (1 children)

He wont run out of money. Even if those idiots who support him run out of money, his comrade putin will help him out. Or even orban, who has piles of our money.

[–] ripcord@lemmy.world 4 points 7 months ago (1 children)

Or some Saudi Arabian benefactor. Or...

[–] 1simpletailer@startrek.website 4 points 7 months ago (2 children)

Didn't Musk visit him right after the verdict?

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[–] billwashere@lemmy.world 3 points 7 months ago

I’m sure the gofundme will take up the slack…

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