In a stunning turn of events, former New York City mayor and attorney to the former President Donald Trump, Rudy Giuliani, has filed for bankruptcy. The timing of this announcement is particularly significant, coming just a day after a judge approved the collection process for a jaw-dropping $148 million verdict against Giuliani.
The verdict was awarded to Ruby Freeman and Shea Moss, two Georgia election workers who Giuliani defamed by spreading false information about their actions following the 2020 election. A Washington jury determined that Giuliani's statements tarnished the reputations of Freeman and Moss, leading to this substantial financial penalty.
