Former US President Donald Trump has been convicted on all 34 counts of falsifying business records in a historic New York trial. This is the first time a former or current US president has been convicted of a crime. He will be sentenced on July 11 and could face prison, but experts believe a fine is more likely.
Trump called the verdict a “disgrace” and criticized the judge. Shares in Trump Media & Technology Group fell by over 6% after the verdict. Trump is campaigning to defeat Joe Biden in the upcoming election.
The trial lasted six weeks, with 22 witnesses, including Stormy Daniels, who was involved in the case. Trump was accused of hiding a payment made by his former lawyer to keep Daniels quiet before the 2016 election. The jury reached a unanimous verdict after two days of deliberation.
Trump’s legal team is considering all options for appeal, aiming to act quickly.
