Cohen appears to be in serious trouble. The headlines seem to be blaring “Russian Oligarch Paid Cohen Half a Million Dollars”, which makes good copy but doesn’t really quite get there. He’s in way more doodoo than that. The Russian Oligarch in question was under US sanctions at the time of the payment, and Cohen appears to have misled the bank. And this single payment was just one of about 4.5 million dollars of suspicious transactions on this particular account. And this all happened while Trump was President and Cohen was acting as his personal attorney. He is likely open to federal and state-level charges on these matters (California).
No wonder the National Enquirer has gone all anti-Cohen. If he has a single functioning brain cell, he’s flipped already.