Trump appeals $454 million ruling in New York fraud case

Former President Donald Trump on Monday officially began the process of appealing the historic $454 million judgment against him in his New York civil fraud case, a figure that is growing by more than $100,000 in interest every day.

In order to qualify for an automatic stay of the judgment as the appeal proceeds, Trump must fork over the entire amount as bond, known in the New York civil court system as an "undertaking."

Trump has not posted the bond, according to a spokesperson for New York Attorney General Letitia James. The spokesperson declined to comment on the appeal.