So Cohen is in a world of hurt. Bank fraud re the line of credit. Illegal contribution to Trump's campaign.
Maybe Cohen will suddenly remember that Trump was aware of the payment. But then Trump has to deal with the fact that he lied about it, that he slept with a porn star when his son was a newborn, and so on.
There's no good direction to go in. Cohen has spent a career enriching himself by bullying people for Trump: women, creditors etc. And now he is paying the price because when you do that during an election, additional rules apply.