U.S. President Donald Trump hailed his "big win" over New York State Attorney Letitia James after an appeals court overturned the $500 million-plus civil fraud penalty against him and two of his sons.

Trump called James "totally corrupt and incompetent" and lashed out at "her equally incompetent, hand picked, New York State Judge" in a post on Truth Social in the early hours of Friday morning.

"The 5 to 0 Verdict from the Appellate Division helps greatly to save the status and reputation of the New York Judicial System," Trump said, calling James "a criminal who should be forced to resign!"

This is a breaking news story. Updates to follow.

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