Defense attorney Todd Blanche listed 10 reasons why he says the jury should have reasonable doubt about the prosecution's case. The first four:

- "You should have real reasonable doubt is that Cohen created those invoices," Blanche said. "They are accurate and President Trump did not have any intent to defraud."

- "There is no proof that President Trump ever, ever saw anything that Ms. Tarasoff or Mr. McConney did," Blanche said referring to the Trump Organization employees who processed the invoices, adding that Trump was busy running the country when he signed the associated checks.

- "There is absolutely no evidence of an intent to defraud," Blanche said, highlighting the forms that disclosed the Cohen payment to authorities.

- Blanche argued that Trump has "absolutely no intent to unlawfully influence the 2016 election."

Defense attorney Todd Blanche continued to argue that the jury cannot trust Cohen's testimony as a whole based on the misstatements they highlighted.

"We happened to catch him in a lie," Blanche said. "We put them into evidence, and now you know it happened."

Blanche argued that the lie highlighted that Cohen didn't care about his oath to tell the truth.

"For that we have an oath, we have an oath that every witness takes when they testify before you the jury. It matters -- the oath matters to most. He lied," Blanche said, as the jury watched attentively.

Blanche told the jury that Michael Cohen lied to his banker, his family, his wife, every single reporter he speaks to, prosecutors, and federal judges.

"He lied to you, make no mistake about it," said Blanche.

"He's literally like an MVP of liars," Blanche said of Cohen.

Defense attorney Todd Blanche told jurors that Michael Cohen's one-time legal adviser Robert Costello -- the only substantive defense witness -- offered testimony to demonstrate that Cohen lied on the witness stand.

Blanche argued that Cohen lied about what he asked of Costello and how often they communicated.

"It's just another example of Mr. Cohen taking the witness stand and lying to you," Blanche said, suggesting that Cohen lied on the stand enough times that the jury should consider throwing out his entire testimony.

"I don't know how many lies are enough lies just to reject Mr. Cohen's testimony ... big or small, meaningful or not meaningful, but that was a lie," Blanche said.

Blanche argued that prosecutors attempted to prop up Cohen's credibility by offering phone records to corroborate his testimony, but the strategy backfired.

"They showed him phone records and they showed him calls between him and others to help his testimony seem more corroborate and more credible," Blanche said. "We all know how that ended."

Raising his voice, Blanche reminded the jury about the inconsistency he highlighted in Cohen's testimony about a October 24, 2016, phone call.

"It was a lie!" Blanche shouted. "That was a lie and he got caught red-handed!"

"That is perjury!" Blanche shouted, drawing out each syllable.

"They are perfectly happy to have a witness commit perjury to lie to you," Blanche said, prompting an objection from prosecutors.

"Sustained," said Judge Merchan.

Defense attorney Todd Blanche suggested to the jury why Stormy Daniels was called as a witness, given there was no dispute about a nondisclosure agreement being signed and that she knew nothing about the records in question.

"I'll tell you why -- they did it to try to inflame your emotions. They did it to try to embarrass President Trump" Blanche said.

It drew a loud objection from prosecutors that was overruled.

Trump has disputed the sexual encounter ever happened.

Prosecutor Josh Steinglass returned to the defense's argument that Trump "grossing up" the Cohen reimbursement -- effectively doubling the payment to account for the taxes Cohen would have to pay -- suggests the payment is suspicious for the famously frugal Trump.

"But it was worth it -- it was worth it to hide the truth about what this money was really for -- a reimbursement for the Daniels payoff," Steinglass said.

Steinglass was basically giggling to the jury as he tried to poke holes in the defense theory about the payments were legitimate expenses for legal work.

"These documents are so damning that you almost have to laugh at how Mr. Blanche explained it to you," Steinglass said.

Calling the documents "smoking guns," Steinglass said "they completely blow out of the water the defense claim."

"I'm almost speechless that they're still trying to make this argument that the it was for services rendered," Steinglass said of the payment.