Former President Donald Trump is unable to secure a multimillion-dollar bond to cover penalties he owes in a civil fraud case in New York, his attorneys said in a court filing Monday.

Trump and his former Trump Organization associates owe the state $464 million, including penalties, and while Trump is appealing the ruling against him, he must still guarantee the full amount by March 25. Posting a bond would allow Trump to do this while his appeal proceeds.

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