Key Points:
A jury accused him of falsifying documents in an attempt to conceal a payment made to silence a porn star before the 2016 election. After two days of deliberation, the jury convicted Trump of all 34 felony counts.
Justice Juan Merchan scheduled the sentencing for July 11, just days before the Republican Party’s formal nomination of Trump for president in the upcoming Nov. 5 election.
The felony of falsifying business documents carries a maximum sentence of up to four years in prison. However, under the law, incarceration would not legally bar Trump from campaigning or taking office if elected.
Despite the guilty verdict, former President Donald Trump will remain free until sentencing. The 77-year-old ex-president has denied any wrongdoing. His lawyer announced plans to appeal immediately.
Trump described the trial as a sham and said he was innocent, adding that the real judgment would come from the people on Nov. 5.
The verdict places the United States in uncharted waters ahead of the Nov. 5 vote. Trump is trying to recapture the White House from Democratic President Joe Biden.
Readmore: Musk Denies Crypto Talks with Trump After The Bloomberg Report
The coming election appears to be a close battle between Trump and Biden, and a guilty verdict may affect Trump’s popularity among independent and Republican voters.
The jury accused Trump of falsifying business documents. Evidence included pornography star Stormy Daniels’s graphic testimony regarding the sexual encounter she said she had with Trump in 2006.
Trump said he did not have sex with Daniels. Furthermore, Trump’s former fixer, Michael Cohen, testified that Trump approved a $130,000 hush money payment to Daniels in the closing weeks of the 2016 election.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…
With the platform facing a cracked whip, Trump Media company is expanding into new business…
Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…
Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…
SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…
The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…
This website uses cookies.