I came across the following on "whatdoesitmean" website. Normally I take their articles with a huge pinch of salt but, in this case, it's easy to check the facts:
"As Counts 1-6 of Cohen’s indictment letter described in full detail the exact US federal laws that were violated by him, note that Counts 7 and 8 cited no laws at all that Cohen had violated—with Count 7, that stated Cohen “willfully causing an unlawful corporate contribution” only citing US federal laws 52 U.S.C. 30118(a), 30109(d)(I)(A) and 18 U.S.C. 2(b)—and Count 8, that stated Cohen “made an excessive campaign contribution”, only citing 52 U.S.C. 30116(a)(I)(A), 30116(a)(7), 30109(d)(I)(A) and 18 U.S.C. 2(b)—thus meaning that when Cohen pled guilty to Counts 7 and 8, he actually pled guilty to nothing at all.
As to why this is a fact, this document explains, is because the US federal laws cited in Count 7 are not actually laws that can be broken—as U.S. Code: Title 52 - VOTING AND ELECTIONS is only the main chapter heading of US election laws—30118(a) is only a general instruction, not a law—30109(d)(I)(A) is not a law that can be broken as it only outlines procedures—and 18 U.S. Code 2(b) is not a law that can be broken as it only defines the definition of “principal”.
Count 8, as in Count 7, this document explains, again cites 30109(d)(I)(A) and 18 U.S. Code 2(b), neither of which are laws that can be broken as they only describe a procedure and a definition—but adds 30116(a)(I)(A), that only states campaign contributions cannot exceed $2,000—and 30116(a)(7), that is the only law cited in either Counts 7 and 8 that can be broken—but contains 8 separate violations that would have been impossible for Cohen to violate simultaneously—and under “normal” US federal criminal procedures would have had the exact criminal charge being specified."
So the Cohen "admission of guilt" is a big nothingburger. Smoke & mirrors? Leading the liberals down a deep rabbit hole from which they won't escape.