More now from Justice Engoron on what he says is the defendants' lack of remorse.

The crimes they are accused of were not murder, arson or robbing a bank, but "a venial sin", he writes.

"Donald Trump is not Bernard Madoff," he says, referring to the financial criminal. "Yet, defendants are incapable of admitting the error of their ways. Instead, they adopt a 'See no evil, hear no evil, speak no evil' posture that the evidence belies."

Engoron says his actions on Friday are "to protect the integrity of the financial marketplace" but Trump's "refusal to admit error - indeed, to continue it, according to the Independent Monitor - constrains this court to conclude that they will engage in it going forward unless judicially restrained".

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