The reporting I've read makes it pretty clear that he can't. The bond isn't legit, Knight did not actually agree to cover it, and lacks the capital to do so anyway.
This article is dated this morning (8am ET). It talks about having to post a real bond today (April 15th) or the seizures can commence. At the time of my post its 6:30pm ET. I would expect the courts would now be closed for business and the outcome of this is decided, but I can't find any articles tell us the outcome. Am I missing something?
Things can be electronically filed through Pacer 24 hours per day. Depending on the local rules there may be a cutoff for what is considered timely that day, but it's usually after close of business. I wouldn't expect any action on this today.
Too bad he and his legal team are tied up all day with something else... Wonder if they have until midnight or COB to file?
That said, can't wait to see what excuse the courts find to further reward his supreme negligence. Reduce the bond amount even more? Waive it altogether?