There is no reason to believe that his parents' counsel was "do as many interviews as possible, admit to as much as possible, and try to convince the public you're both a genius and completely ignorant of the basics of running a business", as opposed to the standard legal advice of "shut up and wait and see what the charges and evidence are (and who you can plausibly blame it on)".

I imagine some very clever people advised him on compliance best practises and not gambling customer funds that he wasn't entitled to touch either, but that didn't mean his actions were the outcome of listening to that advice

oh my god, his parents are tax attorneys at a top law school, not like George Soros or something. All these responses about his parents indicate to me that a) they don't know what his parents do; b) they don't know what legal academics do; c) they don't know what lawyers do; d) they severely overestimate the social capital some tax professors have.