The ongoing trial involving Michael Cohen and Keith Davidson has taken a significant turn as the jury examines a record of a wire transfer from Cohen to Davidson. The $130,000 payment, initially labeled as a retainer, is now being referred to as a pay-off by the prosecutor.
During the proceedings, prosecutor Joshua Steinglass emphasized that the payment was not a retainer as claimed but rather a deliberate pay-off. He pointed out that the absence of Mr. Trump's signature on the documents was a crucial aspect to consider, suggesting that it was a strategic move.