Clearly, this is big news. FBI got a court to approve a warrant based on probable cause of a crime having been committed and that the target was not cooperative. Manafort’s spokesperson’s statement suggested it might not have been the first or only such raid.
It does not look like Manafort has cut a formal deal yet. He seems to be a key to unlock the espionage door. His big mistake might’ve been to let Junior into a meeting with key Russian agents. Junior’s attorney, Alan Futerfas, is known for representing people who rat out other people in a conspiracy. His last big case (2016) involved his representation of a son who outed the drug dealing father for running a drug operation out of the family pizza joint in Queens.
Wouldn’t Trump tell his son to throw Manafort under the bus? He has no close connection to them except that he came recommended by friends of Putin to the campaign. What use does Putin have for Manafort any longer?