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"The order came as Trump is trying to avoid paying the $454 million judgment against him in that trial, in part by arguing that it is “impossible” for him to get an appeal bond."
You know what happens to regular people when they can't make court-ordered payments? They lose their stuff. Here's hoping that Donny has so badly abused the privileges of the club he's in that he's getting kicked out and facing judgment like any of the rest of us would. I guess we'll see if any of the other billionaires are willing to bet 500+ million that Trump is still "winning".
He's got to put up the collateral for the bond to appeal that's all that's at stake here. If he gets the bond he gets to appeal.
He doesn't own enough equity in any collateral to cover this bond.