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CNN legal analyst Elie Honig spoke with Jake Tapper Monday about convicted liar Michael Cohen’s admission that he stole tens of thousands of dollars from the Trump Organization.

“This is a bomb, this is really important. This is a bomb dropped in the middle of the prosecution’s case,” CNN legal analyst Elie Honig stated. “Two reasons. One, Michael Cohen was stealing from Donald Trump. He was lying to people about what he was doing with money, he pocketed at least the $30,000 by lying to Weisselberg … $60,000, which by the way, this is crushing to the prosecution’s credibility because the prosecution did not ask Michael Cohen about that on direct and they haven‘t made him plead guilty to larceny, which this is, so let‘s start with that.”

“The other reason it’s so important is the money that Michael Cohen stole from under Donald Trump’s nose by his own admission, was part of the $420,000 that Michael Cohen was reimbursed for Stormy Daniels,” Honig added. “So the heart of the prosecution’s case is, that whole setup where they were going to repay Michael Cohen $420,000 to reimburse him for Stormy Daniels. That was all done to pay Stormy Daniels. Trump knew it. Trump knew every penny. That’s why he‘s guilty. Now it turns out Trump is getting robbed by his own guy.”

Watch the clip above.