Following the ruling in the Trump civil fraud trial, the repercussions are being felt across various sectors. An editorial board cautioned Democrats against celebrating the ruling, suggesting that it could potentially elevate Trump to a political martyr status. Meanwhile, New York Governor Kathy Hochul sought to reassure law-abiding business owners in the state, emphasizing that they should not be concerned as they operate differently from Trump.
Despite the governor's attempts to allay fears, business leaders have expressed apprehension. Kevin O'Leary, for instance, declared that he would refrain from investing in New York in light of the ruling, labeling the state as a 'mega-loser state.' The $355 million judgment issued in the case has drawn attention for its unprecedented nature, surpassing the GDP of certain countries.
An analysis of civil cases spanning 70 years highlighted the uniqueness of Trump's situation. The case was noted for its distinctiveness, as it involved a major business facing the threat of shutdown without clear evidence of significant losses or apparent victims. This aspect was deemed unparalleled in the realm of civil litigation.
