Tristan Snell
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BREAKING: NY AG slams Trump's shady $175 million bond in new hard-hitting brief arguing that the Knight bond should be rejected

Knight does NOT have the assets to cover the bond -- and uses a Cayman Islands company to provide "shadow insurance" to fake its financial capacity
06:27 PM - Apr 19, 2024
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Tristan Snell
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The crux of this argument comes down to MATH

Knight has a policyholder surplus of ONLY $138 million

NY law requires that no single insured loss exceed 10% of the surplus -- so, $13.8 million

Knight is thus insuring a risk of more than TWELVE TIMES what they're legally allowed
06:27 PM - Apr 19, 2024
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